Legend Who Oversees $170 Billion Issues Dire Warning To The United States And Europe!
KingWorldNews.com
March 30, 2015
On the heels of global stock markets and the U.S. dollar surging, a legendary chairman & CEO overseeing more than $170 billion, who is one of the most respected men in the financial world, issued a dire warning about what is happening in Europe and the United States.
Eric King continues: “In a way this has to do with the competition that you are involved in because this price inflation is directly related to Fed policies and you’ve advanced to the Championship against Janet Yellen, where final voting started today. But when you look at the chart of ground beef, it hit an all-time record record high in February — your thoughts as you look at that chart.”
Rob Arnott: “It’s sad. Basically we are looking at a world in which inflation is ostensibly benign, but inflation as it’s experienced by the average American is anything but (benign). The consumption basket for the average American is dominated by rent, food, fuel and healthcare. And until the last six-months all four of those had rolling 5-year inflation that was faster than the Consumer Price Index (CPI), as measured by the same people who measure CPI.
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