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The Fed Is Blow-Torching The Economy With QE

Thursday, February 26, 2015 15:51

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(Before It's News)

The Federal Reserve exists for the sole purpose of enriching big banks…The Fed does whatever it takes to keep a yacht filled of failed executives and their friends unimaginably rich. If this requires an economy of 300 million people to be blow-torched, then a blow-torching is what that economy will get. – John Titus, “Bailout Films” and “Best Evidence”

TND Guest Contributor: Dave Kranzler |

My good friend and colleague has written, narrated and produced a short video showing – with data directly obtained from the Fed’s own website to support his analysis – that there is almost a 100% inverse correlation between QE and the Labor Force Participation Rate. I was stunned when he showed the evidence.

The only purpose QE has served is to keep the big banks solvent and to fund the massive pay packages paid to big bank executives. Please watch this video closely and pass it along to everyone you know – it is truly extraordinary.

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About Dave Kranzler:

I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics. Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.