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.)
“Lior” Gantz? Looks like he’s the “editor” of this web page launched four weeks ago, complete with this stellar bio of his qualifications to spout off on subjects like this:
https://www.wealthresearchgroup.com/about-wrg/
By “slay them” I did not mean we would not have a banking system.
Only that we would not have an all-powerful central bank that is able to engage in these machinations.
Individual bankers on their own are capable of making sound lending decisions. Probably even more so than if they are taking marching orders from some central authority with multiple hidden agendas.
You are correct Sir! People (in the gubmint) need to go to jail for creating the “housing crisis”, but I digress.
Central bankers should not have the power to undermine democratically elected governments.
They won’t be able to pay the interest on the debts they owe (that they can’t pay regardless), so they’ll have to “print” more money that they can’t afford to “print”.
They’re painted into a corner. And we’re all trapped with them in that corner.
Thank you for finding that.
In a recent article on Nixon’s impeachment, the author says that the whole impeachment was driven by Nixon’s refusal of Rockefeller and Kissinger’s (the globalists or Atlanticist powers) plan to move US industrial production to China.
The author also warns Trump of a probable similar plan by these people (they include international bankers.)
Thanks for your comment. Do you say then that there is no danger of a dollar crash? Is the foundation of the dollar solid? All the funny money that the Fed has printed cannot or will not trigger an inflationary spiral?
I am all ears.
Please anyone, if you can actually debunk this then do so with facts and information. A crash has happened before in our county’s history, but it can’t happen now? The crash has happened in other countries, but it cannot happen here? They averted the catastrophe in 2008 with their bank bailouts and trillions of debt, and they can just keep doing that again and again forever?
We all promise not to wring our hands, if you could you just give us a meaningful answer.
Amazing all of the “experts” coming out with their theories, all of which, if negative, are given credence by the Dems and the media — sorry, I repeat myself.
So long as the dollar is perceived as being more stable than other currencies (and, tough as that is to believe, it is), we’re not likely to see anything remotely like the wild hyperinflation of the German Weimar Republic. For all the low interest rates, printing and quantitative easing, we’ve been verging upon deflation (falling asset values which means a strengthening currency) for almost the entire eight years. Will there be something huge that overthrows this seeming deadlock? Very well could be, might even be inevitable. But, I wouldn’t hold my breath waiting for it, myself.
That is an ominous threat.
The bond market bubble has got to burst sometime...sooner might be less painful than later but it’s already too late for it not to be painful. Obama and his qe crap really screwed us over. If Trump can get the economy roaring again it may help ease the fall though. Would be far worse to have Hillary and her banker friends kicking the can down the road.
Thank you for you thoughts. I can see that the Quantitative Easing, TARP programs and other money printing bailout schemes have not yet triggered hyperinflation for three reasons. 1) They have printed heavily but against pressures that should have been otherwise extremely deflationary. 2) Much of that funny money went on the bank books as “assets” to get around reserve requirements that should have bankrupted them, and it did not make its way into the economy as velocity. Also, 3) I believe that because of the “petrodollar” system there is a strong demand for dollars since they are used to buy oil. This has permitted us to borrow, print and spend at these levels with impunity.
With the end of the petrodollar system, the USD loses its place as the world reserve currency, and the dollar will then be free to hyper inflate. If it is impossible for any other currency to take that role, I wish someone would give us a reason to believe that. Russia is settling oil contracts in Yuan. China is working to create a new gold standard. You will be able to buy oil in Yuan or Rubles from Russia, and anyone will be able on the Shanghai gold exchange to convert Yuan to physical gold. You just won’t need dollars anymore.
If demand for dollars goes down, then how do we borrow and spend? If yields must go up to sell the treasuries, how do we pay the interest? What happens when others like China and Saudi Arabia start trying to sell off their treasuries? All those dollars must come back and be absorbed into the existing dollar economy as inflation.
Every crash has a triggering event, but there is also an underlying financial economic weakness that must be cleared. The next big bank bankruptcy will be monetized using the “Cyprus Solution.” That may buy us a little more time...
“Cassandra, Chicken Little, and Boy Who Cried Wolf, please report to the service desk immediately!”
The democrats destroyed the economy in 2007 to take over the government. They will try again. Treasonous bastards.
Great analysis!
The Cypress Solution, I believe was only electronic savings bank accounts because theives go for the easy steal. Morally, savings accounts are NOT the reason for Central Bank debt failure.
The Central Bankers should be in prison, but that only occurred in Ireland.
The solution is to lock up personal wealth in unliquid assets such as stocks, gold or cash. Those are much harder to steal. For stocks request actual hardcopy receipts.
Bankers are theives.
these creeps are panicking because there is no quid pro quo anymore so they can screw the little people while they gain billions...
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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.
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The one thing it *WOULD* prevent: The runaway\unconstitutional spending we have going on SINCE the institution of the F.R.; let alone the 98%+- depreciation in the true value of the FRN in the century of its creation (where a *single* head of household can no longer: buy a house, buy car, save for retirement, save for college, raise family\children, etc.).
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Central bankers should not have the power to undermine democratically elected governments.
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They don’t. Just because a ‘law’ was passed doesn’t make it lawful, let alone Constitutional (mine still show no authority to abdicate responsibility to a foreign entity, for that which govt is specially tasked. Doubly so when doing so was *FREE* [no ‘borrowing’ magic $$/bits in a ledger @ X%].).
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