The fed will be powerless
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This Will Turn Real Nasty If Market Can't Rally
- Thread starter Aaron Copland
- Start date
The Fed is not powerless. It can take increasingly crazy action until it achieves its aim.
Bernanke spoke of the printing press in 2002, and I take his word for it.
If he wants to cut to 0.25%, and nationalise all banks, then he'll try to do it.
If pesky laws get in the way of extreme action, then they will be changed.
Bernanke spoke of the printing press in 2002, and I take his word for it.
If he wants to cut to 0.25%, and nationalise all banks, then he'll try to do it.
If pesky laws get in the way of extreme action, then they will be changed.
Quote from Aaron Copland:
The fed will be powerless
to the contrary- their aim is to have total control over all financial inst. and after that all other firms + infrastructure
remember their goal is not to keep the economy in good shape, they dont give a damn sh.. about it, they want power, power and even more power!