Tuesday, October 2, 2012

Central Banks are Out of Control

"The Federal Reserve has been doubling-down for years, Eric, with QE1, QE2, Twist and now QE3, which has no limit. The other central banks have been doubling-down too because just about all of them are out of control. They refuse to admit, or possibly do not even understand, that their formula to create wealth by money printing is based on flawed economic theory which is just plain wrong. Wealth does not come from the printing press; it only comes from hard work."

- James Turk via a recent King World News interview, read the full interview here: