Michael Pento – Fed Strategy To End In Disaster & Turmoil
April 24, 2014
Today the man who had his interview censored and entirely erased out of a CNBC segment sent King World News an important piece warning that the Fed’s strategy will end in disaster and turmoil. This is an incredibly powerful piece with Michael Pento, the man who someone in an ivory tower made the decision to censor.
By Michael Pento of Pento Portfolio Strategies
April 24 (King World News) – Fed Strategy To End In Disaster & Turmoil
The government’s “ingenious” solution to end the Great Recession was to recreate the same wealth effect that engendered the credit crisis to begin with: The definition of the wealth effect is an increase in spending that comes from an increase in the perception of wealth generated from equities and real estate….