Sunday, September 18, 2016

The Fed Has Turned The Economy Into 
A BIG FAT ROTTEN TOMATO
"After 100-years of mismanagement, the last few being in the radically extreme, the Fed has scored a big fat rotten tomato. The data still stinks – GDP’s still anemic. But the downside of their actions is downright putrid. Policy makers have pushed public and private debt well past their serviceable limits. They’ve debased the dollar to less than 5% of its former value and propagated bubbles and busts in real estate, stock markets, emerging markets, mining, oil and gas, and just about every other market there is. Aside from enriching private bankers, we now know the answer to why the Fed destroyed the economy ..
their data told them to."
see the 5* rant by MN Gordon at the link below
LINK HERE to the essay

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