“If inflation starts to head towards 5%, you can be sure it’s headed for 10% because they don’t have the ability to stop it now. The only antidote they have to the mess we are in, which is massively excessive debt reinforced by derivatives, is unlimited money printing. The idea that you can withdraw the punch bowl or sharply raise interest rates, it just doesn’t exist, unless you want to take a complete deflationary collapse.”

So says John Embry in an interview with Eric King of King World News going on to say, in part:

“Man can generally rule the events – he can sort of deal with them – but every once in a while things get so serious that the events overtake the men, and they are incapable of dealing with the event. I think we are in a situation like that.”

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Editor’s Note: The above comments may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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