Today a friend asked me:
“Who do you follow for economic info that is TRUSTWORTHY??”
I think the question is very important, therefor I decided to reply with this post…
Today a friend asked me:
“Who do you follow for economic info that is TRUSTWORTHY??”
I think the question is very important, therefor I decided to reply with this post…
“None of this was done by accident. It has been deliberate and done with full intent to create exactly the conditions in which we find ourselves.” -Chris Martenson
It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
The Federal Reserve with-holds the transcripts of their meetings for 5 years before releasing them to the public.
In 2009 the Federal Reserve knew they had no exit plan from their trillions buyback scheme even as they spoke in public that by 2015 they would return to normal and raise interest rates again.
Investigative Journalist searched the Federal Reserve’s Transcripts and shares the evidence of criminal activity…
What we know about the New York Federal Reserve Bank:
The President of the New York Federal Reserve Bank uniquely sits permanently on the Federal Open Market Committee (FOMC).
It is the only regional Federal Reserve Bank to have its own trading floor and speed dials to the largest firms on Wall Street
It is the only regional Fed Bank to be allowed to intervene in foreign exchange markets (a market where cartel activity is currently under criminal investigation)
it uniquely among the regional Fed Banks, stores gold for foreign central banks, governments and international agencies
The New York Fed uniquely managed relationships with Wall Street banks during the financial crisis from 2007 to 2010 by making secret, below-market rate loans to the tune of trillions of dollars to the banks that were collapsing as a result of its unwatchful regulatory eye
AND there is more suspicious international activities…
Help us continue to shine the light of Truth
Janet Yellen is not talking to you. But she IS talking about you.
Central banks exist to protect banks, and the banking system as a whole, from danger. They pretend that they protect the larger economy, and the people on Main Street, but that’s just a convenient little story. Enhanced by the idea that what is good for banks is also good for you. Which is absolute baloney