the fed is the root of most of the world’s financial misery......they need to audit the fed, and arrest the perps, then close it down....
In fact, the Fed sent another $711 billion to the IMF on February 29, one of the largest dumps in history, the same day the precious metals market took a dive due to Fed and TBTF bank intervention.
Sure glad none of that qualifies as Quantitative Easing ... or we'd soon be in a world of inflation!
Of course...just in time to goose the market long enough to look good for 0bama...come next year, it goes to Hell and 0bama would get to implement his final solutions....lovely.
Debasing the currency used to carry the death penalty - for good reason. The Founders knew what disasters it would lead to.
I feel so sorry for Bernie Madoff. His ponzi scheme was such small potatoes compared to Helicopter Ben’s. Not even close.
They have no choice, who will buy the debt.
translation: keep the faux-recovery going till at least mid-November by any means necessary.