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PBS Drops A Bombshell On The Federal Reserve’s 100th Birthday Party

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Once The Cat Is Out Of The Bag…

 

… you know what comes next, right?

PBS promised a “debate” this past Friday night on the “benefits and dangers” of the Federal Reserve as the Fed marks its 100 years of existence tomorrow. Instead of a debate, two famous stock market historians made the same stunning announcement – that the Fed has decided its job is to push up the stock market.

Yep.

And the real problem is that this is both illegal and, in addition, is unsustainable.

But bubbles are what The Fed has been about since 1980.  They either blow them or support them and let others do it, despite the bubble-blowers committing fraud and despite being their regulator, because otherwise this can’t happen:

It simply can’t folks.  You can’t have wages rise at 10% while all monetary instruments go up at 15%.  Or wages rise at less than 5% while outstanding credit goes up nearly 30% (!)  The destruction of purchasing power that is caused by these jackals — and let’s be clear, The Fed is only part of it, but their willful and intentional lack of regulation is across everyone involved – can only be temporarily “mitigated” through finding some way to allow people to borrow against ever-more-highly levered assets.

Eventually the next sucker to buy at a higher price fails to appear, because irrespective of whether he believes prices will go higher he’s out of money and credit.

Read More Here



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    Total 8 comments
    • Killzilla

      We must stand up to them. Who ever they are. In the meantime stack white metal. You’ll be alright.

    • ElOregonian

      Yes, the cat has been out of the bag for some time but the sheeple are oblivious and are too busy, with their heads down, consuming the field to realize that the slaughterhouse meat truck has pulled up outside their fence and the butcher is getting out and looking into the pasture.

      Sleep tight little sheeple…

      • CrowPie

        Most people realize that our government along with each branch, leaf and monetary ornament that hangs upon its tree.

        Most of us aren’t so arrogant that we point at those around us and scream, “I know their corrupt and you don’t!”

        The Question on the tongue of the Nation is this, “Now that Government has reached this level of power and corruption, what do we as citizens do, and How do we go about it without losing ALL the GOOD that we have gained?”

        • CrowPie

          *Most people realize that our government is corrupt, along with each branch, leaf and monetary ornament that hangs upon its tree.*

    • FarmerX

      Look at the sky!, look at the sky!, look at the sky!, Vallah! we have pulled the rug from beneath your feet!.

    • CosmicKiwiPerth

      Liked your story Crow Pie..

    • Lady Liberty

      END THE FED! They’ve been robbing the American People blind for 100 years. Time to get rid of these gangsta bankers. The Federal Reserve is a privately owned bank and the IRS (aka Extortion Central) is nothing more than the strong arm of the Fed! Time for all of us to stand with one voice and say ENOUGH!!!

    • Rufus Juice

      2+2=5 time.

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