According to Greg Mannarino, "a new monetary system is already in the works." He says that central banks will continue to print money in order to keep the system afloat. He also believes that the "too big to fail" banks will still fail and we will see inflation that people are not going to believe.
10 September 2012
Greg Mannarino says, “A new monetary system is already in the works.” He says central banks will continue to print money to keep an insolvent system afloat. Mannarino says it will be on “. . . an epic scale. . . .We’re going to see inflation that people are not going to believe.” He thinks many “too big to fail banks” will fail, but not all will go under. Mannarino says, “I believe there is going to be a consolidation of power just like there was after the crash of 2008.” Greg Mannarino is a former Bear Stearns floor trader who recently released a new book titled “The Politics of Money.” He’s a fan of anything tangible, and that includes physical gold and silver. For anyone who does not hold physical assets, Mannarino says, “People are going to be slaughtered who are not ready for this.” Join Greg Hunter as he goes One-on-One with Greg Mannarino.
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