QE3 Is Already Here - And No Media Coverage
Since when does the FED cares about the average person?? Private banks have a stake in the FED and receive a return. The FED isn’t even a government department. All they are doing is acquiring assets with the fiat money they create. The fractional reserve system is also such a scam. During QE1 and QE2, the government issued trillions of credits to the big banks at amazingly low interest rates like less than 0.25%. This was done in the hope that banks would lend this money to businesses to stimulate the economy, but that’s not what they did. What they did was use this money to leverage bets in the commodities market, essentially grabbing every futures contract on every commodity. This was guaranteed to make prices rise, which they did.Does anybody else see how our monetary system is rigged to benefit the rich bankers at everyone’s expense?http://geraldcelentechannel.blogspot.com
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What a moron. He sees the necessity for the FED having to inject hundreds of millions directly into the market as a bullish sign. Everybody is a liar or a fool these days, how tiring.
cant stop it– wake up