Monthly FOMC 'Day 2'...FED cuts rate by a quarter first time in 11 years.- Classic three on a match?- Not mincing words, is Powell just a version of Bernanke-Yellen 3.0? Seems like a yuge 'policy error'...- I'd say "end the FED" and put the Treasury back in control of things. PS - Andrew Jackson was right about Central Banks back then, and he's still right today. "You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out... If people only understood the rank injustice of the money and banking system, there would be a revolution by morning."
Friday, 2 August 2019
Another FED policy 'error?'.................from Rico
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