Fleckenstein: Fed is printing money to cover bank theft, leading to global food Inflation

By Prieur du Plessis, on March 8th, 2011 posted in: Economy, Fed, US

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The Fed printing money to cover bank theft is causing food riots worldwide, says Bill Fleckenstein on MSNBC’s Dylan Ratigan Show. Fleckenstein is a hedge fund manager and president of Seattle-based Fleckenstein Capital.

Source: MSNBC (via YouTube), March 1, 2011 (hat tip: Financial Doom Blog).

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