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