KWN interview 6 December 2013 – Egon von Greyerz
“Since 2008, the main central banks of the world have printed $9 trillion. On top of that, the US federal debt has increased by almost $8 trillion during that same time period. If we had a temporary crisis in 2008, then money printing should have stopped. But is hasn’t.
And the printing is continuing at the same rate since 2010. Since 2010, the biggest central banks have printed $5 trillion, and US debt has increased by another $5 trillion. So, Eric, anyone who believes that printing can end, or that tapering can start, doesn’t know what’s happening in the world.