Thursday, April 9, 2015

David Stockman explains the path of DEFLATION

Central Bank Financial Repression and Deflation to continue

Current GLOBAL DEFLATIONARY CYCLE has a long way to go 

"The nature of the crisis that we're going to be in is a grinding deflation that keeps the world pinned in crisis and slow growth not some kind of end of the world calamity.  And in that environment I think CASH will be good..."
--David A. Stockman

As unusual as it is to here this from King World News here's one of the few guys that makes sense of the present economic situation across the world.  David A. Stockman avoids the usual mantra of HYPERINFLATION and accurately depicts an ongoing DEFLATIONARY spiral that will continue.  The savers and depositors are the ones who are taken advantage of in this type of environment as their money is used to fund and leverage the thieves who continue to wreak havoc on and manipulate the entire financial system:

How do you prepare for this in an already fragile and complex financial system?  It is best to position yourself in CASH and exit most of the bond and equities markets as the world moves into a position where CASH IS KING.  Prices of assets will continue to fall in this present world of epic deflation and it will be more than likely that this is a path toward a large scale DEFLATIONARY DEPRESSION:

http://kingworldnews.com/david-a-stockman-4-7-15/

...developing...