The word of the day is “uncertainty.” Which may well lead to far more disruptions and dislocations in global markets. Gold is signaling that maybe something is really broken this time. Europe’s solution? Oh, the usual; go to war.
by Dave Fairtex
Chris Martenson’s Peak Prosperity
My (rough) estimate of the deflationary impact of a complete magic-money cutoff is around 8%. Of course, the Fed will eventually “print” (after a long enough wait to punish Trump – because the Fed is comprised of Blue Hats, and Trump = Hitler), but will it be enough? And if the magic money machine scope is disclosed, Fed printing might actually make the situation worse due to the confidence hit post-magic-money disclosure. “Oh, they’re using a FED magic money machine. Bail out of the buck faster!”