Web Statistics federal reserve creates bubbles

Thursday 19 September 2013

federal reserve creates bubbles

federal reserve creates bubbles


federal reserve creates bubbles
federal reserve creates bubbles

I like this from the S&A Digest!

Ben Bernanke saw his shadow yesterday… 


The market expected him to start tapering the Federal Reserve's $85 billion in monthly bond purchases. But the Fed chairman announced yesterday he would continue easing… 

We're not surprised. A central banker's job is to print money. He causes inflation… He blows up bubbles. 

When those bubbles pop, they print more money… It's a vicious cycle. 

It's like Groundhog Day… Bernanke takes the podium. He's scared by what's happening in the economy, so he prints more money and scurries home. Only instead of a longer winter… we'll see already artificially high asset prices march higher.


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