Michael Pento: QE3 is Inevitable

Michael Pento is Senior Economist at Euro Pacific Capital. He has daily economic blog "Pentonomics" : Bernanke is on record saying that he could stop inflation without a doubt one hundred percent all he has to do is sell all those assets , what will happen when he start dumping mortgage backed securities he got 1.8 trillion dollars of mortgage backed securities and GSE debt , what happened to the value of that debt , guess what the balance sheet would run so fast that he would not have any assets left to sell and the money will be left in perpetuity in the system , so he is laughing , he cannot aggressively drain his balance sheet period end of the story , says Pento ...

Michael Pento, Ireland Is the New Greece

Ireland Is the 'New Greece'; Japan and U.S. Next in Line for "Catastrophe", says Michael Pento, senior economist with Euro Pacific Capital

Europacific Michael Pento vs Joseph Balestrino

Is U.S. Debt Junk?

Michael Pento is senior economist at Peter Schiff's Euro Pacific Capital,Michael Pento, of Euro Pacific Capital, and Joseph Balestrino, of Federated Investors, share their views.