Michael Campbell of the World Financial Outlook Conference sat down with renowned resource investor Frank Giustra last Saturday, February 2, 2013.

During their conversation, Giustra warned the audience not to expect the truth about inflation from central bankers. He commented, “Inflation is caused by the fear of inflation. Inflation is a self-fulfilling prophecy, and every central banker in the world knows that. If your expectations are that inflation is going up, then you’re going to push up prices, bond yields, everything... it’s the central bank’s primary job to manage those expectations.”

We recommend you watch the full 30 minute interview in its entirety here:

Via: Moneytalks.net