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News Link • Federal Reserve

The Fed Has Failed (And Will Continue to Fail), Part 1

•, by Charles Hugh-Smith
After five long years of politicos and the financial media glorifying the Federal Reserve's policies as god-like in their power and efficacy, let's take a quick look at the results of these vaunted policies: ZIRP (zero interest rates), (QE) quantitative easing, both of which are ways of shoving nearly limitless, nearly-free money (a.k.a. liquidity) into the banking sector, where all this free money is supposed to filter into the global economy, working miracles of prosperity.
Let's start with a chart of the Fed's balance sheet, which reflects just how much money the Fed has created and pumped into the financial system. $4 trillion is larger than the entire GDP of Germany, and roughly 25% of U.S. GDP. 

1 Comments in Response to

Comment by Anon Commenter
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Two MUST read articles:

Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future (Peak Prosperity)

Bankers Destroy Global Economy by Design to Consolidate Power (and control over YOU, and every other RESOURCE on the planet.  YOU are a HUMAN RESOURCE)


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