“QE Was A Massive Gift Intended To Boost Wealth”, Fed President Admits (Mar 2013)

Source: Zerohedge – “QE Was A Massive Gift Intended To Boost Wealth”, Fed President Admits

Notable excerpts:

With Bernanke gone, the remaining Fed members knowing full well they will be crucified, metaphorically of course (if not literally) when it all inevitably comes crashing down, are finally at liberty with their words… and the truth is bleeding out courtesy of the president of the Dallas Fed, via Bloomberg.

  • FISHER SAYS QE WAS A MASSIVE GIFT INTENDED TO BOOST WEALTH

Continue reading

Advertisements

Malaise Is Ahead For Malaysia’s Bubble Economy (Oct 2013)

bubble01

Source: Forbes –  Malaise Is Ahead For Malaysia’s Bubble Economy

Notable excerpts:

I recently wrote about how Indonesia’s economy has devolved into a classic credit and asset bubble-driven growth story, and its neighbor Malaysia is on the same path along with most other Southeast Asian economies, which are part of the overall emerging markets bubble that I have been warning about in the last couple of years.

Continue reading

The Fed Is Paying Banks NOT To Lend 1.8 Trillion Dollars (Jul 2013)

federal-reserve

Source: The Economic Collapse Blog – The Federal Reserve Is Paying Banks NOT To Lend 1.8 Trillion Dollars To The American People

Did you know that U.S. banks have more than 1.8 trillion dollars parked at the Federal Reserve and that the Fed is actually paying them not to lend that money to us?  We were always told that the goal of quantitative easing was to “help the economy”, but the truth is that the vast majority of the money that the Fed has created through quantitative easing has not even gotten into the system.  Instead, most of it is sitting at the Fed slowly earning interest for the bankers.

Continue reading