by Egon Von Greyerz, Gold Switzerland:
In this interview Egon von Greyerz explains to Paul Eberhart of SilverDoctors that the combination of the Coronavirus and the coming economic depression will change the world forever. We are now going towards a hyperinflationary depression that will eventually lead to a deflationary depression.
The next couple of years will not be a pretty picture and many people will suffer. It has been too easy with governments and central banks printing money that has given an illusory high standard of living. But the world will now discover that printed money has no value and that you can’t solve a debt problem with more debt.