John Butler: Fed Will Take QE Nuclear, Monetize Entire Shadow Banking System

GoldMoney’s Alasdair Macleod talks to John Butler — Chief Investment Officer at Amphora Commodities Alpha and publisher of the Amphora Report, as well as author of The Golden Revolution: How to Prepare for the Coming Global Gold Standard. They discuss the huge debt problems confronting Western economies, central banks’ reflation efforts and the significance of the shadow banking system.

Butler emphasises that policymakers will do everything in their power to fight natural deflationary pressures with policy-induced inflation. He argues that when central banks really want to double-down on their efforts to push prices higher, they may consider monetising the entire shadow banking system by taking it onto their own balance sheets in return for newly created cash — a possibility that Butler calls the “nuclear option”.

Full MUST LISTEN interview below:


  1. The toll in death and destruction from this financial nuclear option would make a real nuke pale in comparison. — The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
    Lord Acton

  2. The shadow banking system is where the hundreds of trillions in financial crimes are hidden!

  3. Solution:  Move ALL US public and private debt to the Fed’s balance sheet and then end the Fed.  POOF!  Gone.  ;-)

  4. Debt Jubilee? I doubt it. The Global Elitists will never relinquish their power of DEBT over the masses. Not without a fight. A fight that will be here sooner than later. Choose a side….To Be Cont.

  5. If that’s the case, then it is guaranteed that hyperinflation will happen especially when QE infinity is declared publicly by the Federal Reserve. Now, I really don’t see the point on keeping all your savings in US dollars when they’ll be destroyed soon.

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