Wednesday, September 14, 2016

The Fed Plans for the Next Crisis

It is up to us who know the truth to make sure the welfare-warfare state and the system of fiat money ends because the people have demanded it

In her recent address at the Jackson Hole monetary policy conference, Federal Reserve Chair Janet Yellen suggested that the Federal Reserve would raise interest rates by the end of the year. Markets reacted favorably to Yellen’s suggested rate increase. This is surprising, as, except for one small increase last year, the Federal Reserve has not followed through on the numerous suggestions of rate increases that Yellen and other Fed officials have made over the past several years.

Much more significant than Yellen’s latest suggestion of a rate increase was her call for the Fed to think outside the box in developing responses to the next financial crisis. One of the outside the box ideas suggested by Yellen is increasing the Fed’s ability to intervene in markets by purchasing assets of private companies. Yellen also mentioned that the Fed could modify its inflation target.



Anonymous said...

The Fed is a private, for-profit, secret group of international bankers. Almost all of them, literally, happen to be Jewish. I don't know why this is the case, or how it came about. But it is the case.

Anonymous said...

The debt system it has operated on will fail. It is private, so interesting its not advertised hmmm wonder why.