Posted on 01/12/2017 12:35:01 PM PST by BDParrish
Financial expert Lior Gantz says there is good news and bad news for the economy with the election of Donald Trump. Gantz explains, “If he changes the equation, it could cause a lot of inflation in the U.S. U.S. banks are so liquid and have so much excess cash because of TARP programs and QE programs that this could prompt them to start lending, and lend to the wrong people. It could prompt the government to start issuing increased food stamps, universal unemployment checks and all kinds of stuff that can create large inflation in the U.S. So, that is one side that is problematic. The other side is very spectacular for the U.S. economy because Trump is doing a lot of things that should have been done years ago: deregulation, cutting back on taxes, cutting the red tape and making sure that businesses are more comfortable with opening new branches in the U.S. The best indicator of this is the Russell 2000 index that is up much more than the Dow because the small cap companies are mostly based in the U.S., and the large cap companies are international.”
Gantz warns that problems could be caused by central banks either by accident or on purpose. Gantz, who was a money manager for the wealthy, says, “I would even say that there is real grave danger that the government or the elite banking system will create problems. I will even say they might even make Trump fail. They might do something to his disadvantage on purpose because he’s not mainstream, because he’s not them. He came out of nowhere, and he was not backed like Hillary. That is also baked in the cake, and it is what we call a black swan.”
So, if push comes to shove, will the global elite allow deflation or will they trip the inflation button? Gantz, who specializes in resource stocks, says, “They will trip the inflation button. They will not allow deflation to happen in the U.S., and I will tell you why. They feel like they are invincible, and they can’t admit failure. They will never admit, hey, we have done this wrong. QE programs were wrong. Negative interest rates were wrong. They will not come out and say it. They will do whatever it takes to play their end game. They honestly don’t care about the average person. That’s the last thing on their mind. They care about their lifestyle and the way they live life on the toil, sweat and energy of the people who really create the economy and innovation.”
Gantz also warns of a possible derivative war between top bankers that could bring the global economy down. Gantz contends, “Once somebody begins to change the way they look at derivatives, and start using derivatives as a weapon . . . they’re going to fight between each other. These are nasty people that all they care about is what they make in cold hard cash to take home. They really could start a derivative war that would not be beneficial for anyone. It would be more violent than an orchestrated derivative explosion that I really don’t think is possible. The derivative market is so big that it is out of the control of anybody.”
Join Greg Hunter as he goes One-on-One with Lior Gantz, President of Wealth Research Group.
(There is much more in the video interview.)
Looks like he’ll have to slay them again, just like Andrew Jackson did.
BM
Just like in Sept 2008
bttt
This really chaps my hide. U.S. banks have so much excess $$cash$$ because of TARP/QE?
That's U.S. taxpayer dollars! Those excesses should be given back.
Back during the bailouts, TARP, multiple QE’s...hundreds of billions/Trillions given to prop up the economy. This amounted to nothing less than a HUGE transfer of wealth from the taxpayer to the elites/wall street/bankers/Insurance companies.
Freaking shameful. Millions of Americans just trying to eek out a living, save a lil for some sort of retirement and our ferrule gubbamint showers cash on the wealthy who quite literally lost their @$$e$ off of poor investments.
The Donald is going to have more against him than any president in history. Reagan or W neither one will have had the opposition to every thing he attempted as Trump is going to have to go through. Trump has 50% of the nation against him. 50% of congress against him, AND ONLY ISRAEL for him. ONLY Israel. If I were Trump, I would simply tell every stinking nation that does anything negative to Israel LOSES EVERY STINKING DOLLAR that we give them in aid money. Every stinking penny. And, we will do everything in support of Israel against that nation possible. Simply, Trump has to get us back on the positive side of Genesis Chapter 12 and verse 3. He HAS to. HAS to!! Otherwise, the destruction that may befall this nation will be so bad that we will never recover. God ain’t happy with what Obama did to Israel. obama and kerry and the commie dims and the slut hillary ARE going to pay personally. By the fact that obama is leader of this nation, that makes the nation a target because the nation elected this punk. The Donald has to repair that damage immediately upon hitting 1600 Pennsylvania Avenue.
Just like in Sept 2008
oOOOooo....scary headline title...
Mind you I went to public school, but it was my understanding that Andrew Jackson’s actions resulted in the US losing access to credit in a punitive action by the globalist bankers of the day, resulting in a 20 year depression in the US.
Thoughts? Corrections?
I’d rather get a corrective reading from a FReeper than a normal human.
Waiting in Mr Trumps tariff proposal. That is the teeth in his plan to re-industrialize the USA's economy.
This is not merely ignorance, it is deep, abysmal even, total failure to grasp even the smallest of clues.
Raising the rate of return on principal is the driving force that starts the economic engine, and it is carefully managed after that so that it does not rise too rapidly, nor should it be allowed to sink back to an uneconomic level which would damp down lending business activity altogether again. There is a golden point at which the economic activity proceeds at an optimal pace, which good management should strive for at all times, leaving much of the actual regulation to the free market.
Left to their own devices, banking officers maintain the sanctity of making sound loans, unless there is pressure that many very bad loans be made for some nebulous social objective, as has happened under much of the regulation that have been heaped upon the business community by executive fiat.
Is this what they’re threatening if he audits the Fed?
Wow, a whole bunch of hand wringing over a stacked set of mights and maybes.
I still suggest people keep prepping but that’s just me.
I was the tinfoiler waving my arms from 2006-2008 mostly to deaf ears. Or at least that’s the reaction I got.
But I will admit I’m surprised it’s held together this long - yet we watch those meters keep spinning up.
There were financial panics and depressions throughout the 19th. Century.
Would keeping a central bank have prevented them all? That’s what the propaganda supporting the Federal Reserve Act would have you believe.
The history major in me doesn’t quite buy it.
The only reason groceries have managed to inflate over the past eight years is public assistance programs, of that I am convinced. People who are paying out of pocket largely haven’t been able to support it.
true
I think so. Food exports are declining so that is not it.
Calm down...wait till the geniuses running the sanctuary cities realize they’re going to lose billions. Wait till the haughty Euros realize they’ll have to pay for their own defense. It shall be interesting...I think they aren’t that stupid, but I could be wrong!
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