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The Fed Is Facing Collapse Says Former US Treasury Official
Photo Credit: Wikipedia
Kings World News
Today a former US Treasury Official told King World News that the U.S. Federal Reserve is facing collapse, and is completely trapped at this point. Dr. Paul Craig Roberts also warned that the Fed is continuing to interfere in the gold market as they desperately attempt to implement a new global plan scheme to protect the dollar. Below is what Dr. Roberts had to say in this powerful interview.
Dr. Roberts: “How can the Fed stop printing money? If it stops printing money, the financial markets will collapse. And when the bond prices fall from the bond collapse, then the values of the debt related derivatives on the bank’s books fall, and the whole solvency problem comes back.
So everything the Fed has been doing all of these years to try to boost the solvency of the banks is wiped out if the bond market collapses.
Why do we still care, I ask. The Fed is screwed, as are the rest of us who have any USD’s. Hurry up and die so we can inherit the wreckage I say. The fed is like that crochety old grandparent that only talks to you when they need something. GOOD RIDDANCE, I’m done wiping your sagging a$$ Bernanke. Burn down the Fed and all their silly Monopoly money with it!
People of the earth and Obama. Don’t fret or be scared. Eat, drink, be happy and keep investing. The next 10 years will be a repeat of the past ten years. Just relax and enjoy yourselves. Soon we will have a new world order and then things will be even better.
It remains a fraud on the American people. Collapse it and prosecute all who furthered its mission.