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**Shocking Bombshell** Federal Reserve Admits It’s Monetary Policy Has Failed
19 Aug 15
Which is more shocking that they admit this, or the failure? Will the Great Depression be repeat?
The Federal Reserve is putting some of its post-crisis actions under a magnifying glass and not liking everything it sees.
In a white paper dissecting the U.S. central bank’s actions to stem the financial crisis in 2008 and 2009, Stephen D. Williamson, vice president of the St. Louis Fed, finds fault with three key policy tenets.
Specifically, he believes the zero interest rates in place since 2008 that were designed to spark good inflation actually have resulted in just the opposite. And he believes the “forward guidance” the Fed has used to communicate its intentions has instead been a muddle of broken vows that has served only to confuse investors. Finally, he asserts thatquantitative easing, or the monthly debt purchases that swelled the central bank’s balance sheet past the $4.5 trillion mark, have at best a tenuous link to actual economic improvements.
Williamson is quick to acknowledge that then-Chairman Ben Bernanke‘s Fed, through liquidity programs like the Term Auction Facility that injected cash into banks, “helped to assure that the Fed’s Great Depression errors were not repeated.” SOURCE
Well, when you are just printing toilet paper with nothing backing it up, you make only the asses happy with the movement, the rest of us all suffer from the imaginary B/S “Growth” that only made the .01% rich by stealing your wealth through stagflation.
So has your religion failed
Re; Shocking Bombshell — Federal Reserve Admits It’s Monetary Policy Has Failed (Video) Great Depression Coming Again?
The provider of this story seems to be a common american, ignorant-stupid, with no knowledge of history, it’s not so important, but, The Threat Of Another Depression Is In The Air Again, any story should have why and seldom does.
In 1929 the stock market was in effect raided by the jew’s who run the market, the jew’s spent a lot of time and money running up the stock market, until crap that should not even be able to be traded were sailing at outrageous priced, when the jew sold out in the market they cleaned out every one, at this same time the jew owned-controlled banks had been loaning money to any one they could, large amounts, or very small amounts in order to create as large a mass of debtor’s as could be created till almost every one owed some amount to the banks, the market crashing did not and could not by itself create a depression, but the stock market jew’s who had cleaned out the market as well owned the federal reserve, after the jew’s raiding the stock market, the federal reserve jew’s then pulled four fifths of all the money from the banks into the federal reserve, the banks not being able to supply money to their depositors suffered a run on the then empty banks that forced the banks to close, in time the banks called in all the over do loans, (the people actually had the money in the banks but were not able to get it out to pay their debts to the dam bank, do to the actual money being in the jew federal resurvey), the banks then took just about every thing and kept it until around 1938 when the international jew’s had set up WWII and were loaning money to all sides, only then the jew federal reserve turn the money back to the banks who then loaned it to people to buy back their property back and to kick up the US War Machine, (this is the actual history of the 1930′s depression and people really need to know to understand the coming years and why they trying to figure out how to start a fire without a mach to cook there supper rat).
The Facts today are at the Point of the 1930′s, it’s about time for the jew’s to feed again and the federal reserve and the stock market, will be the Tools that put you to attempting to have start that fire to cook your rat without a match. (Trapper).