The Wreck Of The Monetary Hesperus…” The Fed is not only ignoring the coming storm, but is actually fueling its intensity with malice of forethought.”

by Tyler Durden
ZeroHedge.com
01/29/2015

At the end of the day, there is nothing behind the curtain at the Eccles Building except for the specious doctrine of wealth effects. Fractional changes in the money market rate are of relevance only to the day traders and robo machines which occupy the casino. Fed policy is designed to keep them dancing. It rests on the delusional hope that the drug of ZIRP or near-ZIRP can keep the stock market averages rising and a trickle down of extra spending by the wealthy flowing into the reported GDP and job numbers. History proves beyond a shadow of doubt that bubbles fueled by bad money ultimately splatter into a world of harm. The Fed is not only ignoring the coming storm, but is actually fueling its intensity with malice of forethought.

The Rest…HERE

This entry was posted on Thursday, January 29th, 2015 at 4:48 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.