10 Trillion QE is realistic

10Trillion QE is a realistic number
KWN interview Febr. 23, 2013

Gold in 1979-1980

Gold in 1979-1980

Egon von Greyerz told King World News that the Fed may increase QE a shocking ten times in coming years.

Why?

1. Federal debt of $220 trillion

2. The accounting deficit including unfunded liabilities totals $6 trillion
3. Student loans top 1T with 25% defaulting
4. 125million people in the US on benefit or foodstamp progam
5. Danger of unrest due to rapidly widening gap between ‘rich’ and ‘poor’.

Click here to read the full interview as published by KWN on Febr 23, 2013

Posted in King World News, All publications.