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Buckle Up: Greyerz – Another Massive Inflation Wave is About to Be Unleashed
from King World News
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that another massive wave of inflation is about to be unleashed and it will devastate the US stock market.
POWELL’S INFLATION TARGETING
August 13 (King World News) – Egon von Greyerz, Founder of Matterhorn Asset Management: The Fed has two mandates – Maximum Employment and Price Stability.
If we look at price stability, the Fed has failed miserably.
The Fed employs 3,000 people in Washington DC of which 300 have a Ph.D. degree.