The Hidden Motives Behind The Federal Reserve Taper. [JWR’s Comment: The renewed talk of the Fed tapering from the current $85 billion per month of Quantitative Easing (QE) money creation is balderdash. Presently, I can see only two possible solutions for the Fed’s quandary: 1.) They find another excuse not to taper Fed purchase of MBS derivatives and other securities. or 2.) They do taper the current QE program, but meanwhile surreptitiously create another form of monetization that is just a big, or even bigger. (This might involve foreign central banks, in a mutual back-scratching arrangement, whereby we’ll buy their garbage paper, if they’ll buy ours.) I suspect that they will pursue Option #2.]
It’s a Very Merry Christmas for Washington Insiders
G. Edward Griffin: “If America Doesn’t ABOLISH The FED, The FED Will ABOLISH AMERICA”
Items from The Economatrix:
Fed Will Not Taper & You Can Expect Chaos After The Decision