About That 500% Jump in Interest Rates...
September 22nd, 2014 Michael Lombardi
The verdict is in…
Last week, at the end of its regularly scheduled meeting, the Federal Reserve said:
1) It would continue to reduce the amount of money it creates each month. The Fed said it will be out of the money printing business by the end of this year. By that time, the Federal Reserve will have created more than $4.0 trillion new American dollars (out of thin air).
Source: http://www.advisorperspectives.com/dshort/guest/Michael-Lombardi-140922-Fed-Funds-Rate.php
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