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The Collapse of Cash

- Michael Pento - Delta Global Advisors

Man with gun walks up to an ATM and says "hand over your digits"

Commented 3480 days ago

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Beginning of the headline :Despite all of the central bank manipulations over the past seven years, it is finally becoming clear economies will not be able to achieve escape velocity. The U.S. central bank has the longest track record of treading down the path of monetary manipulations. And has achieved anemic average annual growth of 2.2% since 2010. Therefore, to further demonstrate the failure of money printing to engender economic growth, the dismal Q1 GDP read of just 0.2 % displays the failure of this po... Read More

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