Richard Russell: US May Destroy The World Monetary System!

• Richard Russell – US May Destroy The World Monetary System! 
  by www.kingworldnews.com
  With continued chaos around the world and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran.  The Godfather of newsletter writers, Richard Russell, now believes the world is facing a danger that “the US will single-handedly tear the world monetary system apart.”  This is one of the most remarkable pieces Russell has ever put together.
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  Richard Russell:  “When I read dozens of advisories, I sometimes dream that economics could be simple.  How about this: the US Treasury issues bonds, the Federal Reserve buys these bonds with money it creates with the computer, money brought about from thin air.  It’s money that nobody worked for an nobody took risks for.  The newly created money amounts to over one trillion a year.  It’s taking more and more newly created money to produce less and less in the Gross Domestic Product.  That’s a trend that could easily end in hyperinflation. 
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