Gerald Celente: Are Central Banks Caught in a Rate Trap?

Daniela Cambone, Kitco News, Released on 8/4/16

“If they raise rates, already slowing economies will further recede while stock markets and housing sectors relying on cheap money will falter. Should central banks lower rates, they risk currency depreciation and money outflows.”

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be. Gerald Celente has earned his reputation as “The most trusted name in trends” by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.

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