Economy

Jim Willie: Interest Rates Will Never Rise

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Jason Burack of Wall St for Main St had on returning guest, editor of the Hat Trick Letter http://www.goldenjackass.com/, Jim Willie.

During this hour+ long discussion, Jason asks Jim about why would the US declare economic war against Russia and Putin. In other words, why would the US poke the bear?

Jim points to the petro dollar and says how the French Total CEO was assassinated on Russian soil and it was made to look like Putin did it.

Jason then asks Jim about financial repression in the US, UK, Japan and the EU and how long these developed countries’ central banks can keep interest rates down and drop them and the yield curve further?

Jim says as long as this debt based fiat currency system continues with QE, etc interest rates will NEVER rise again until everything blows up and collapses.

Jason and Jim discuss losing personal freedoms in the US, gold inflation vs deflation and if the European Union will break up in this in depth interview.