Saturday, October 01, 2016

"Central bankers desperately want the public to believe that they know what they are doing. Nothing could be further from the truth."
- Stephen Roach. 
Dr.Roach* is someone we've recommended for years as an 'Admired Adviser'. It is amazing that so many of our Admired Advisers are saying that Central Banks don't know what they are doing.
One of Cliff Küle's purposes is to convince people that our country, its economy & the whole world would be better with FREE MARKETS. Central Banks are the antithesis of FREE MARKETS. Perhaps worse than that, they try to deceive everyone by claiming to exist to help FREE MARKETS. That is a Joseph Goebbels-type of 'BIG LIE'. Oh What Tangled Web They Weave ... No one gets to exercise control over FREE MARKETS. Central Banks are the TOOLS in a Confidence Game going on to help the profits & power of those few Banking Families who got MONOPOLY POWER to create & distribute America's dollars. Their purpose is to help the general population & the economy? "Nothing could be further from the truth"
LINK HERE to read the Roach essay

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