It’s no conspiracy. The music will soon stop and the economy will take a big hit when the bubble bursts – even the timing has been chosen.
The Fed has been pumping easy money and buying time with future pain for years now, but the worm is turning. Only, the turn is taking a pause so as to avoid helping – yes – Donald Trump and his bid for the presidency.
SHTF just reported on the startling revelation that not only has quantative easing changed the financial landscape in the wake of the 2008 financial crisis, but it has been directly responsible for a full 93% of market action since that time.
The Federal Reserve is a leviathan if there ever was one. Even its whispers float boats and sink ships. Easy credit has gone so far beyond the logical extremes, and the proverbial roadrunner has pointed out that we are all hanging out over a cliff.
Contracting the money supply (by raising interest rates) is the snap reaction, but it will hurt. So they are prolonging the pain in order to shift the blame and distract everyone from the real problem as much as possible.
Like everything else, it is now somehow Donald Trump’s fault. This time, because the Fed is a in a position where it supposedly ‘can’t’ raise markets and stabilize the economy.
Via the New York Post:
This post was published at shtfplan on March 24th, 2016.