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Lawrence “Larry” Lepard, an investment manager, sound money advocate, and gold stock fund manager, believes we are on the verge of what he calls the big print, the inevitable moment the Federal Reserve is forced to come to the market’s rescue by printing tens of trillions of dollars to save the US economy. Lepard’s perspective on the "big print" is deeply connected to his views on the U.S. national debt and its unsustainability. He argues that the U.S. debt has reached levels that make traditional repayment unfeasible, especially given the current economic trajectory. With interest rates rising and deficits growing, Lepard sees a breaking point where the U.S. government will resort to large-scale money printing to service its obligations and manage the economic fallout.
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Credit: Kitco NEWS
Debt Crisis to Trigger 'Serious' Economic Breakdown in 2 Yrs, Big Fed 'Print' Coming | Larry Lepard
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