The video interview below with Dallas Federal Reserve head Richard Fisher shows that the Fed manipulated the market in 2009 to help rally the market.
The economic bubble was seen as a worldwide danger to all economies, and the Fed frontloaded several benefits that weren’t sustainable and that are now threatening to throw the world into an economic panic.
After 8 years of almost zero interested rates, the Fed has few options to change the trajectory.
The Fed is an old-boys club for the wealthy and the average citizen will always be the one to suffer.
That day is not far in the future.
It may not matter if the Fed accepts responsibility for the disaster they’re brewing.
The damage has already been done and the consequences are going to follow.