The FED is incapable of providing truth to you and me

…Truth and the privately owned FED … now there’s prima-facie evidence of an oxymoron…

The FED is incapable of providing truth to you and me…

 

Moment of truth for the Federal Reserve

 

For those who believe in the virtue of central bank economic stimulus, the moment of truth has finally arrived. Federal Reserve chairman Janet Yellen announced late last month that the Fed plans to start shrinking its balance sheet for the first time since it expanded from less than $900 billion in 2008 to an unprecedented $4.5 trillion today. The initial wave of selling will start gradually next month with only $6 billion of Treasuries and $4 billion of mortgages, but the compounding effect over … …Read full article at NexusNewsfeed.com website »

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