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Raise rates, get hyperinflation and dollar's destruction, Turk says
3:27p ET Monday, December 14, 2015
Dear Friend of GATA and Gold:
Interviewed today by King World News, GoldMoney founder and GATA consultant James Turk remains doubtful that Federal Reserve will raise interest rates this week in light of the wreckage in the credit markets and the big interest expense that would be imposed on the U.S. government. Turk sees higher interest rates as the path to hyperinflation and the destruction of the dollar. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/credit-market-carnage-and-the-big-surprise-for-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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