Detlev Schlicter: QE3 is extreme and won’t work
Detlev Schlitcter appeared recently on the ‘Keiser Report’ to talk about why QE3 (better know as QEinfinty) can’t work and the deeply needed global banking reform that has to happen.
It’s also good to see Detlev agree with our assessment of the so-called austerity in the UK (leading us to dub Osborne the ‘Fauxstere’ Chancellor):
“There is a lot of agonising about cutting back fiscal spending [in the UK] but it is actually not happening… there is more talk about austerity than there is austerity”
Related posts:
- Detlev Schlichter on Sky News: We are getting close to the collapse of paper money
- Detlev Schlichter: Monetary Authorities will try and paper over our problems with ever increaing fiat money supply
- Why the IMF’s additional lending can’t work without much higher gold prices
- Detlev Schlichter: Last week in Europe – Some thoughts on the ongoing crisis
- Gold news: Return to work sees gold in demand
Link to this article: : http://www.goldmadesimplenews.com/interviews/detlev-schlicter-qe3-is-extreme-and-wont-work-8294/
Posted by Kate Gerbich on Oct 8 2012. Filed under Interviews.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.
