HSBC WARNS Of Deflation! – Major Banks Would RATHER Have HYPERINFLATION Than Prosperity!

by Josh Sigurdson with Tim Picciott via World Alternative Media


Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about a recent statement by Frederic Neumann of HSBC regarding his belief that the world is facing serious deflationary pressures. He noted in the video from CNBC that there needs to be more easing, that interest rates may go down again very shortly and that this deflationary pressure is really going to affect emerging markets.
As Tim explains, of course deflation is not good for the banks and the banks are going to push for more inflation in order to make profit.
So what’s it going to be? Deflation? Disenflation? Stagflation? Inflation? Hyperinflation? There are a lot of words being thrown around these days and we think it’s important to break down for everyone out there. We are already in a recession. What can we expect going into 2020?

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Stay tuned as we continue to cover these issues closely!