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Kerry Lutz - Interview with Harry S. Dent, Jr., 9-26-11

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Uploaded by on Sep 27, 2011

Harry S. Dent, Jr., joins us for an in depth interview about why deflation is inevitable, there will be a major debt crash and all entitlement programs will need to restructured or eliminated. Believe it or not, the Federal Reserve, according to Harry, is not the main money printer, but rather the fractional reserve system that allows banks to create money out of thin air and loan it out to cash starved businesses and consumers. There's a $42 trillion dollar debt overhang that no one knows what to do with. Get ready and cash may indeed become king and your best friend before it's all over.

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