The Fed’s Own “Minutes” Threaten To Destroy It
By Andrew Hoffman
GoldSeek.com
Wednesday, 18 May 2016
Regarding today’s publication of the “minutes” of the FOMC’s April 27th meeting – which are invariably, and unquestionably, doctored in consideration of market conditions at the time of publication, the Fed will clearly be “playing with fire” if it attempts to peddle anything other than the aforementioned economic and financial market facts. And the scary thing is, that amidst such carnage, even the Fed’s own, suppressed inflation statistics are surging – creating a toxic, stagflationary cocktail that at some point soon, must be addressed. And since higher interest rates are an absolute impossibility – to the contrary, negative rates are far more likely – it shouldn’t be long before whatever remaining shards of hope in the Fed’s ability to “control” the economy and markets will permanently die. At which point, if you haven’t secured your personal stash of real money already, it will be forever too late.
The Rest…HERE
