What is the Hidden Agenda?
Keeping a high level of inflation causes what and benefits whom?
Always Question Everything. ~Ron
U.S. Fed: “Inflation Running Below The Committee’s Long-Run Objective”
Within the [Federal Open Market Committee (FOMC)] notes a few key statements on inflation were made, which may provide clues as to the directional “bias” of commodity and share markets this winter & spring.
Bernanke’s Fed indicated that inflation rates are simply not high enough, in that, “Mortgage rates have risen further and fiscal policy is restraining economic growth. Apart from fluctuations due to changes in energy prices, inflation has been running below the Committee’s longer-run objective, but longer-term inflation expectations have remained stable.”
“…the group feels inflation rate levels are currently below their targets, which suggests the monetary accelerator will continue to be pushed to the floor—until a spark-up occurs.”
Via: SilverDoctors
To read the Federal Reserve’s latest FOMC Statement in it’s entirety, visit: FederalReserve.gov
3 Other Important Financial Crisis Matrix Reports:
Dear SEC: Show Us The Data
U.S. Runs Out Of Cash As Soon As October 22 Revised BPC Forecast Shows
As BPC’s X Date Window Narrows, Economic Risks Grow
- BPC’s Updated X Date Range: October 22 – November 1
- Major Debt Rollovers: October 17 – $120 billion; October 24 – $93 billion
- Major Payments Due During X-Date Range: $12 billion in Social Security benefits on October 23; $6 billion in interest on the public debt on October 31; over $55 billion in major payments on November 1
- Likely Impact of Shutdown on X-Date Range: If resolved shortly – negligible; if prolonged – a couple days
Panic: 1 Month Bill Yield Explodes, Prices At 0.35% Highest Since Lehman
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