Interest Rates Will Skyrocket If Fed Keeps Printing Money

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Michael Pento interviewed on USA Watchdog by Greg Hunter

In June, economist and money manager Michael Pento warned the Fed was going to kill the economy by “tapering” the easy money policies. Instead, the Fed ignored inflation, which is obviously not transitory and has kept the money printing going. Now, Pento says it’s coming down to one issue for the Fed. Pento explains, “If the Fed does not taper, yields will skyrocket. That will destroy the economy and kill the real estate market.”

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