Central Banks Absolutely Desperate -Dollar Terminal -Gregory Mannarino & Greg Hunter Video
By Greg Hunter’s USAWatchdog.com
Financial analyst Gregory Mannarino contends all the market rigging that has been reported in markets such as Forex, LIBOR, stocks and commodities is a way to prop up a system doomed to implode. Mannarino says, “It’s clear to me what the central banks are doing means they are absolutely desperate right now. That also means that we are very, very close to a major event here. I don’t believe we’ve seen the actual end here because the central banks . . . are going to do things we can’t even conceive yet. They are going to pull surprises that are going to shock people, and one of them is what Obama just did with regard to the immigration reform. This is a dollar propping up mechanism. That’s all it is.” Mannarino goes on to say, “People need to understand . . . this comes back to the debt based economic model. This mechanism absolutely requires they come up with more and more reasons to borrow cash into the system. It is a debt based economic model. . . . It all goes back to the premise that it can’t stop. This whole mechanism of borrowing cash into existence is so dastardly and so pervasive . . . once this comes down . . . once this debt bubble bursts . . . we are going to see a loss of life. This hyper inflated debt issue has allowed an alternative universe that has carried the human race with it. It will create an environment where resources, at some point, will become scarce, and it is going to wipe out a large portion of the human race when the debt bubble bursts. This is why we are seeing this desperation and the twisting of everything from the manipulation of metals to the manipulation of currencies. The central banks are going to do everything they can to prop this up. This is what this immigration thing is about, just like the expansion of wars. It’s going to get much worse.”
On the U.S. dollar, Mannarino says, “The U.S. dollar is in a terminal phase. I don’t care what dollar’s strength is recently with regard to other currencies out there. We have countries, specifically China and specifically Russia, who are betting against the U.S. dollar. How do I know they are doing this? They are acquiring huge amounts of gold with these suppressed prices. This is what everybody needs to do as well. Bet against the debt and become your own central bank. . . . The U.S. dollar is a dying currency. It is in the terminal phase. Russia understands this. China understands this. The only people who don’t understand this is the zombified American populous. It’s very, very sad. This is why shows like this are so important. I am afraid that people like us are going to become more and more censored.”
On timing of the dollar’s demise, Mannarino says, “Money velocity is the speed money moves through the system. Once we begin to see the money velocity start to pick up, we’re going to have the $3.3 plus trillion, which the Federal Reserve has printed out of thin air since the crash of 2008. All those extra bills are going to start chasing the same amount of goods. You do not need to be a rocket scientist to figure out how this is going to play out. In my book, “The Politics of Money,” I say in the end stage, we would see deflation first and then massive inflation, and that plays exactly into what’s going on right now. . . . The U.S. dollar is on borrowed time, and I think there is going to be a terrible price to pay. . . . Watch for hyperinflation because it is a very real possibility.”
Join Greg Hunter as he goes One-on-One with Gregory Mannarino of TradersChoice.net.
(There is much, much more in the video interview.)
After the Interview:
Gregory Mannarino gives several market reports for paid subscribers of his YouTube channel each week. The cost of subscription is $4.99 per month or $49.99 per year. Click here to subscribe for a two week free trial. If you would like to get a copy of Mannarino’s book, “The Politics of Money,”or any of his other books, click here.
Related Posts:
http://usawatchdog.com/central-banks-absolutely-desperate-dollar-terminal-gregory-mannarino/
permission to post
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
Ahhh but at the same time the stock market is higher than ever and the dollar is the highest it has been in over 15 years here in South America!
Does not look like it is terminal to me.
Knowmore… you obviously don’t know anything about finances. Do you really think the stock market is a natural entity, and that a fiat currency system can exist to print money out of nothing? Every fiat system in history has always collapsed to zero, its intrinsic value, so… what will YOU do when this happens?