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Michael Pento: Bubbles Will Pop When Central Banks Lose Control

Greg Hunter  ( Original )
MAY 15, 2017

Please Join Greg Hunter as he goes One-on-One with Michael Pento, founder of Pento Portfolio Strategies.

Pento says the Fed has interest rates so low right now that the central bank will not be able to cut them much when the economy gets into trouble again. Pento predicts that the Fed will be forced to print money to bail out the banks and the economy and drop so-called “Helicopter Money,” which will tank the buying power of the dollar and cause big inflation.