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overtheedge
Member since May 2012
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The Fed Admits Failure – Part I - Andy Hoffman - Miles Franklin

One thing that needs to be remembered is "if any system, be it a lawnmower or the US economy, needs to be constantly tweaked to give the impression of being operational, then it ain't fixed". Then the question comes down to one of rational reasoning. Why would anyone send a system back to the same technicians who failed to fix it the last time? And the time before that? And before that?

The FRB was NOT created for the people, but for the banking industry.
So perhaps a better question is, "Was it ever fixed?"
If not then, "Cui bono"?

Maybe, just maybe this might be a real good time to take personal responsibility for your own financial future.
After all, cui bono?

Commented 3486 days ago

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Beginning of the headline :Yesterday, we both wrote and spoke of our belief “it” has begun. Sure, TPTB are working overtime to fight powerful winds of change in the financial markets they have long controlled by manipulating, manipulating and manipulating some more. However, watching the average global interest rates plunge to an all-time low this morning, the “most damning proof yet of QE failure” could not be more obvious. Contrary to mainstream belief, we have shouted from the rooftops that Western interest rates wi... Read More

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