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Ron Hera – The End Of Cheap Everything

|Includes:Barclays PLC (BCS), HSBC, MFGLQ

Ron Hera, Founder of Hera Research, LLC

By Greg Hunter's

"We are in a computer generated dream world . . . because everything is rigged." That's what Ron Hera of said this week when interviewed about living in an age he calls "The end of cheap everything." The system isn't going to collapse, it already has. Hera says, "I think the system failed in 2008, and we are essentially living on borrowed time." As far as the Libor rate rigging fraud, Hera says, "Workers, savers and taxpayers will pay for Libor rate rigging."

He adds, "There is no end in sight to this crime wave . . . "They will ultimately print the money to paper over the problems," for the too big to fail banks. Count on inflation. Join Greg Hunter as he goes One-on-One with Ron Hera.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.