Thursday, 2 June 2011

Hyperinflation or the Greatest Depression? You Decide!

“My honest opinion is that we have gone so far down the road that there is only two outcomes now.  You can continue QE to infinity as Jim Sinclair says, and that will lead to some form of hyperinflation or you can sort of go cold turkey and that will lead to a depression that will make the ’30’s look like a picnic.  When you think about it, that is an awful set of choices.”

- John Embry, via a King World News Interview

Read the full interview here: