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FSN: The Federal Reserve’s ‘Exit Strategy’ is Just More Monetary Manipulation
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Richard Ebeling
The Daily Bell
The recent media reports that the Federal Reserve has devised an “exit strategy” to reverse their nearly $3 trillion increase of the money supply over the last several years shows that the monetary central planners remain wedded to the philosophy of “fine-tuning.”
The “Fed” leadership still retains the hubris that they can manipulate the economy into sustainable “soft landings” following their own monetary “irrational exuberance.”
Having created the bubbles that burst in 2008-2009, the Fed has since then bought up historically huge amounts of US securities and mortgages in a relatively short period of time.
Continue Reading at TheDailyBell.com…
Source: http://silveristhenew.com/2013/05/13/the-federal-reserves-exit-strategy-is-just-more-monetary-manipulation/
