Financial Chaos, Disappearing Freedom & Hyperinflation…” I implore investors to take action now. Any assets within the financial system are at risk in whatever country the assets are held.”

Saturday, June 15, 2013
By Paul Martin

KingWorldNews.com
June 15, 2013

With people all over the world worried about the latest scandal involving the US spying on its own citizens and looking to export this surveilance technology around the world, today Egon von Greyerz spoke about disappearing freedom, financial chaos, gold and hyperinflation. Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this powerful interview.

Greyerz: “If I look around the world we see that freedom and democracy are disappearing fast in most countries. If you add to that a world financial system which is rotten at its core, and therefore unlikely to survive in its present form, it means that life will look very different for most people in coming years….

“The current generation can never repay the astronomical debts that have been built up in the last 100 years. There was a time when the world grew in real terms due to hard work and investment in people and in resources.

Today, growth, if any, only comes from printed money which means it isn’t real growth. And as growth not only comes to a halt, but goes negative, which by the way is the case for many countries already, then the world economy will decline at a much faster rate, putting massive pressure on the financial system.

This is when we will see real money printing. The $85 billion printed monthly by the Fed will be pocket money compared to what we will see. It won’t just be one trillion dollars per year, it will be tens of trillions and eventually hundreds of trillions of dollars.

The Rest…HERE

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