Veteran trader accuses the U.S. central bank of ‘crime of the century.’ From Gregory Mannarino

As recession fears grow and criticism intensifies of how the United States government and its financial authorities are dealing with the looming economic crash, one expert trader has accused the U.S. Federal Reserve of committing a “crime of the century.”

Specifically, financial analyst, veteran trader of the capital markets, and author of the Mannarino Market Risk Indicator (MMRI), Gregory Mannarino, voiced these accusations during a conversation with Wall Street Silver’s Ivan Bayoukhi in a YouTube video streamed on August 31.

Elements of a Ponzi scheme
According to Mannarino, a.k.a. the Robin Hood of Wall Street, the American Central Bank entering a “new phase of money printing, cash creation, currency creation out of thin air” constitutes counterfeiting but also a classic Ponzi scheme:

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