Friday, October 3, 2014

Man Who Executed QE1 Warns Of Total Systemic Collapse

from King World News In the aftermath of the release of the controversial Goldman Sachs tapes, today King World News spoke with the man the Fed called on to execute QE1 and who also set up the Fed’s massive trading room, former Fed member and former Managing Director at Morgan Stanley, Andrew Huszar. What he had to say will stun KWN readers around the world. He warned that people’s careful savings of a lifetime could be wiped out in the blink of an eye if we go into another 2008-style meltdown and the Fed once again stands ready to “create money without limit.” Below is what Huszard had to say in this remarkable interview. Eric King: “What are the chances that we go back into some type of 2008 – 2009 style collapse? Because you are basically saying that the bank regulators can’t go in and do their jobs.



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