{"id":334642,"date":"2023-01-25T07:20:50","date_gmt":"2023-01-25T12:20:50","guid":{"rendered":"https:\/\/www.sgtreport.com\/?p=334642"},"modified":"2023-01-24T23:14:00","modified_gmt":"2023-01-25T04:14:00","slug":"one-giant-financial-std-and-everybody-is-infected-bill-holter","status":"publish","type":"post","link":"https:\/\/www.sgtreport.com\/2023\/01\/one-giant-financial-std-and-everybody-is-infected-bill-holter\/","title":{"rendered":"One Giant Financial STD and Everybody is Infected \u2013 Bill Holter"},"content":{"rendered":"

by Greg Hunter, USA Watchdog<\/a>:<\/em><\/p>\n

\"\"Precious metals expert and financial writer Bill Holter said last summer that the Fed rate increases would tank the economy.\u00a0 Everywhere you look you see the economy falling apart.\u00a0 House prices and sales are down.\u00a0 Banks are clocking record losses, vehicle prices are falling and unemployment is rising.\u00a0 The economy has not completely crashed, but it will.\u00a0 Holter explains, \u201cThere are over $2,000 trillion worth of derivatives outstanding on a global economy . . . that has maybe a little more than $500 trillion in asset values.\u00a0 So, you have this dog walking around with a gigantic tail that will shake the dog.\u00a0 When derivatives go, it\u2019s a 48-hour event.\u00a0<\/span>Who do you think holds all these derivatives?\u00a0 You\u2019ve got the big banks, all the big brokers, all the big insurance companies and they are all going to go down.\u00a0 It\u2019s like one giant financial STD, and everybody is in bed together and everybody is infected.\u201d<\/p>\n

TRUTH LIVES on at\u00a0https:\/\/sgtreport.tv\/<\/a><\/p>\n

Add to this the announcement from Saudi Arabia that it will now accept payment in currencies other than the U.S. dollar and you have the makings of a destabilizing hyperinflationary catastrophe for America.\u00a0 Holter says, \u201cThere will be other Arab nations to follow, and that is a huge hit to the artificial demand for the dollar. \u00a0You had nations all over the world who were forced to buy dollars to buy oil, and that is no longer.\u00a0 Going one step further, these nations who have stockpiled huge dollar portfolios are no longer required to use dollars.\u00a0 What do you think is going to happen to them?\u00a0 Those dollars are going to come back to the U.S., and that will be a hugely inflationary event.\u00a0 It will add many multiples to the dollar pie that thus will dilute the value.\u201d<\/p>\n

What is the Fed going to do?\u00a0 Holter says, \u201cThe Fed is in a box. . . . They will have to make a choice to save the dollar or save the financial system.\u00a0 They can\u2019t save everything.\u00a0 Something has to break.\u00a0 I have said this for years, and that is there are already losses out there, but somebody has to own up to them. \u00a0Nobody has had to take the losses because everything has been papered over for so many years where losses were just kicked down the road, and there is no more road.\u201d<\/p>\n

Holter goes on to say, \u201cThe best way to sum it up is the facade that we have lived our lives through is ending and will completely end.\u00a0 The reality is going to blow people\u2019s minds.\u00a0 That will be a depopulation event because people will be starving. . . . The Fed has always feared a deflationary collapse where it cannot inflate the system.\u00a0 Credit is the foundation to the whole system.\u00a0 \u00a0If credit cracks and credits collapses, it means the foundation collapses and thus the entire house.\u201d<\/p>\n

It everything is collapsing in price, what happens to gold and silver prices.\u00a0 Holter says, \u201cGold and silver are the only real money on the planet that cannot or will not default.\u201d\u00a0 Holter likes them both and adds, \u201cSilver is the most undervalued asset out there right now.\u201d<\/p>\n

Read More @ USAWatchdog.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by Greg Hunter, USA Watchdog: Precious metals expert and financial writer Bill Holter said last summer that the Fed rate increases would tank the economy.\u00a0 Everywhere you look you see the economy falling apart.\u00a0 House prices and sales are down.\u00a0 Banks are clocking record losses, vehicle prices are falling and unemployment is rising.\u00a0 The economy […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[147092],"_links":{"self":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/334642"}],"collection":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/comments?post=334642"}],"version-history":[{"count":0,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/posts\/334642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/media?parent=334642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/categories?post=334642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sgtreport.com\/wp-json\/wp\/v2\/tags?post=334642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}