Skip to comments.The Secret Reason the Fed Is 'Tolerating' Bubbles
Posted on 07/01/2014 6:48:11 PM PDT by Lorianne
Swiss megabank UBS, one of the great beneficiaries of the Feds policies, ponders in its latest FX Comments how to deal with asset bubbles, most importantly in housing markets, a topic that is a hotly debated issue among central banks.
Turns out, after nearly six years of printing money and inflicting ZIRP and financial repression on most developed economies, thus creating these asset bubbles in the first place, central bankers find themselves essentially in an experimental phase.
Shouldnt they have thought about this before? It seems. But publically, the Fed and other central banks are still vociferously denying that there are any asset bubbles. In fact, the Fed prides itself in having healed the housing market: prices in many cities, including San Francisco, are now substantially higher than they were at the craziest peak of the last housing bubble.
(Excerpt) Read more at testosteronepit.com ...
They want to collapse the system. Hellloooo!!! Soros!
Then the FEMA camps will be set up to handle ‘emergency shortages’. We know this game.
Like a pimp “tolerating” hookers.
I think it is known as the Cloward-Piven strategy...
The thing is, there’s a LOT more of us and we are very well armed. We also have the blueprint to rebuild the Republic as founded. Most of the institutions that would collapse have been thoroughly permeated by leftists and their ideology. Maybe us hayseeds aren’t the ones who should be fearing Cloward-Piven the most.... The more I think about it the more it kind of sounds like an opportunity to hack out the rottenness that besets us. Not saying it wouldn’t be a nightmare, but there are possibilities.