Investor Reggie Middleton says the “unlimited” money printing by the Fed is a “real-time Frankenstein experiment.” Middleton “. . . doesn’t see a positive end to this.” He says, “Insolvent institutions need to fail and start from scratch,” but global central banks are propping them up because they think they can put the economy back on track with trillions in freshly printed cash. Middleton says, “We’re going to end up starting from scratch anyway. . . Either you believe in the magic of the Fed or the math of the real world. Magic simply doesn’t work, even Harry Potter has problems.” The only thing that is really being accomplished, according to Middleton, is the “destruction of the economy.” He goes on to say, “You are basically sacrificing the majority to keep the minority in place.” Join Greg Hunter as he goes One-on-One with Reggie Middleton of Boombustblog.com.
Greg is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. Greg Hunter’s USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.