With stocks markets reeling and gold closing the week near the $1,800 level, today King World News interviewed Michael Pento, CEO of Pento Portfolio Strategies. When asked where he sees things headed, Pento stated, “Chicago Fed President Charles Evans said earlier this week that the central bank should increase its target rate for inflation above the current 2% level in an effort to get the economy back on track. Imagine that, the Fed actually believes what the economy really needs is more of the inflation that brought it to its knees in the first place.”
Michael Pento continues: Read More @ KingWorldNews.com
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