Friday, June 24, 2016

The Most Accurate Statement Fed Chairperson Yellen Could Make?
"DISBAND THE FED
BEFORE IT DOES FURTHER DAMAGE"
"The only thing central banks can possibly do is damage economies by setting real interest rates too low or too high. And make predictions that are never accurate. In fact, central banking doesn’t work because it is impossible to make accurate predictions about the future, especially when it comes to the economies of industrialized states. There are simply too many factors. The most accurate statement Yellen could make is that she doesn’t know what’s going on with the economy and will never be able to know. Then she should suggest disbanding the Fed before it does further damage. This would be the most accurate statement she could make."
- The Daily Bell
LINK HERE to the essay

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