How Funny is the FOMC?

http://bsouthga.github.io/funnyfed/

by bsou • 11 years ago

3 1 11 years ago

bsouthga.github.io

MCRed• 11 years ago

This may seem trivial, but those changes correspond with real economic changes.... and [LAUGHTER] is proportional to how much damage to the economy the FOMC is doing.

We now have a time where "gold" (paper gold) trades on commodity markets for a significant percentage discount of real gold (exceeding the wholesale-to-retail markup) because the FOMC uses shorting paper gold to make the dollar appear stronger... along with many other interventions.

These are the people who manipulate the market to make things look better "create stability", which only delays the reconciliation and increases the damage when it all comes out in a "black swan" event. Like 2008, which I knew would happen in 2001, though of course not which year, but which the establishment would have you believe was unpredictable. (look on Mises.org articles form 2001-2008 and you can see constant pointing out that it would happen.)

How Funny is the FOMC?

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