Posted on 14 September 2012. Tags: Central Banks, Debt Clock, FOMC, Qantitative Easing, US Debt Crisis
As I pointed out in late 2011 (see here) that the economy needed another round of QE in 2012 to sustain the current trend of mal-investments or risk collapsing. Well we got it. For the complete FED video press conference of September 13, 2012 please see video below. Highlights from Video: The FED pledges […]
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Posted in Gold and Silver, US Dollar Collapse
Posted on 30 June 2012. Tags: ECB, FOMC, inflation, Interest Rates
As inflation was tame, stocks prices went lower, and unemployment higher, many investors thought that another round of Quantitative Easing would be on the top of Fed chairman Ben Bernanke’s to-do list. Instead the FED once again reintroduced Operation Twist where a swapping of short- and long-term bonds, would lower the longer term bond yields […]
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Posted in Economic Crisis, US Dollar Collapse