As far as I know, I am the only economist in the world who is and always has understood that Federal Reserve policy is a political agenda only. Quantitative easing has never had the potential to right the economy. In a fair world, this kind of theft would draw a criminal penalty. Unfortunately such financial crimes are perfectly legal. This is all about transferring wealth, power, and income to the wealthiest interests in the world.

The populations of participating nations are being played for suckers which is exactly what they are. Rather than wait for the Fed announcement, we should all be waiting for the cannon fodder of the world to wake up.

Views: 1