Once again the Fed’s bite has failed to live up to its bark. Despite months of expectations that it would finally raise rates for the first time since 2006, the Fed continued to sit on its hands while pointing to some unspecified date in the future when all the economic and financial stars will align in a way that makes a 25 basis point increase appropriate. Am I the only one getting bored by the repetition? – Peter Schiff
Tag: Federal Reserve
Last year, when alternative economic analysts were warning that the commodities downturn and oil crash just after the taper of QE3 were blaring signals for a downshift in all other financial indicators, the general response in the mainstream was that we were overreacting and paranoid and that the commodities jolt was temporary. Perhaps the fact needs repeating that it’s not paranoia if they are really out to get you.
(Who can really know about that?)
Hazlitt lost his job with the Washigton Times because he knew and openly said that the entire operation of the 1944 Btetton Woods agreement which created the IMF and the World Bank was against liberty.
It’s almost embarrassing that we did not note and share this article when published over 5 years ago. This article should have been spread far and wide that very day!
This article is not a rant, but excellent insight into the politicians hiding in the shadows and how they control and manipulate the entire government/political scenario.
Throughout history humans have chosen (or more correctly, allowed) certain others to rule them. Of course we know of Genghis Kahn greatly expanding “his” territory, sacrificing the lives of many others, both of his conquests areas and of “his” own people (who of course did not belong to him). In the end, always these territories somehow became “countries” or “Nations” by the Decree of someone, and always the people within were “citizens” — whether subjects or slaves…. Please read the rest!
Among the mistakes of the Founders was putting Government in total control of “money” by forbidding competition. Article 1, Section 8, of the Constitution provides that Congress shall have the power to “To coin Money, regulate the Value thereof… and to provide for the Punishment of counterfeiting the Securities and current Coin of the United States”.
IF America is ever to resume Liberty, the Federal Reserve must go. TheFed being Congress’ Partner in Crime, Congress has retained it for 98 long years now, and ignores all calls to End the Fed. TheFed’s only assets are it’s UNSECURED fiat dollar and Treasury Debt expressed in terms of the same fiat dollar. Thus […]