Precious metals expert and financial writer Bill Holter is looking at what is going on with the financial system and says there is not really an effort to save it. Holter thinks the moves they are making are designed to take the financial system down, and along with it, they want America destroyed too. Even though the overall economy is clearly sinking, JP Morgan Chase CEO Jamie Dimon is calling for much higher interest rates. Holter explains, “If you were looking at this with common sense, you would think the hiking of interest rates are done. Financial analyst Zoltan Pozsar said recently that QT (Quantitative Tightening) has to stop, and QE (Quantitative Easing) has to start–now. . . . If those in control were not purposely trying to take the system down, I would say that is correct. At this point, my guess is they are purposely trying to take the system down. So, we are not going to see an easing until something really big breaks.”
What does it look like by the end of 2023? Holter says, “I would imagine the wheels will have fallen off on pretty much everything by the end of the year. Even if you had good actors running things, at this point, I think we are too far over the edge. . . . I think what they are doing is trying to steer the bus off the cliff. Mathematically, the debt can never be paid back. So, if you had good actors, what does that prolong it? Another 6 months or a year? By the end of the year, I see our way of life entirely different than as it is now. . . . We will get at least a 50% cut to our living standard.”
In closing, Holter says, “The ultimate reason to blow up America? Ask George Soros. You have good versus evil, and evil wants to tank the United States because in a true republic, God given rights are respected. With this new world order reset, that can’t be. That is the real reason they are tanking the United States. That’s it pure and simple. . . . We are in the stage now where they are looting the Treasury. . . . Think about all the money that has gone to Ukraine. It gets funneled back to friends. . . . They know it’s the end.”
There is a lot more in the 39-minute interview.
Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 5.23.23.