As concerns about an economic recession intensify and criticism of how the US government and its financial authorities will respond to the imminent economic collapse intensifies, a professional trader accuses the Federal Reserve of committing a 'crime of the century'.

Gregory Mannarino, a financial analyst, senior trader in the capital markets, and author of the Mannarino Market Risk Indicator (MMRI), recently had a conversation with Ivan Bayoukhi of The Wall Street Journal and issued these accusations.

Mannarino, known as the "Robin Hood of Wall Street," believes that the Federal Reserve has entered a "new stage of printing money, creating cash, and creating currency out of thin air," which not only constitutes forgery but is also a typical Ponzi scheme.

Mannarino said, "We are currently in a period of comprehensive liquidity crisis, and this is a shocking outcome. (...) The Federal Reserve is embroiled in a crime, a crime of the century. They are not only falsifying, but this is the highest level Ponzi scheme. We need to bet on this system

In fact, in Mannarino's view, the best way to combat the injection of cash into the stock market through currency depreciation mechanisms and interest rate suppression mechanisms is to hold hard assets such as gold and silver.

Mannarino said, "This is how you bet against the system, (...) you do it by holding hard assets. Gold and silver are constitutional currencies; the US Constitution guarantees this. There is no mention of a debt based legal system anywhere, nor is there any mention of a digital system anywhere

From various perspectives, Gregory Mannarino seems to share the same view as other well-known figures in the financial industry, including Robert Kiyosaki, author of the personal finance bestseller "Rich Dad Poor Dad," who criticized the Federal Reserve as a "criminal" in February of this year.

Kiyosaki told his followers at that time that when making financial choices, "don't pay too much attention to what the Federal Reserve is saying and doing", because he believed that the Federal Reserve is a "criminal organization" that doesn't care for ordinary people.

Meanwhile, like Mannarino, Kiyosaki suggests trusting gold and silver to protect oneself from the impact of inflation.

Recently, economist Henrik Zeberg compared current economic indicators with those before previous financial crises, raising concerns about the Fed's "biggest policy mistake in history," arguing that the Fed's current stance on interest rates is wrong and could lead to a deep recession.