Despite Taper, The Fed Is Setting Up To Shock The World

Despite Taper, The Fed Is Setting Up To Shock The World

from KingWorldNews:

Pento: “Of course the Fed lowered the amount of monthly purchases to $25 billion mortgage-backed securities and $30 billion Treasuries, for a total of $55 each month. This was already in the cards and didn’t surprise anybody….

“The Fed also eliminated the 6.5% unemployment threshold, where they said they would raise interest rates. So there is no longer any numerical threshold, and the reason for this, Eric, is the Fed cannot raise interest rates.

The condition of the U.S. economy and indeed the whole world is so anemic that even after 5+ years of massive Federal Reserve manipulation of money supply and interest rates, that the Fed cannot raise short-term interest rates. In other words, they will keep making excuses and moving the goal posts as to why they can never raise interest rates.

Michael Pento Continues @ brings you all the latest news and information on health, longevity, liberty and quality of life. Support the site by sharing what you find! In the meantime, if you care about your health, check out Cancer Uncensored - The Book - Your step-by-step guide to cancer prevention, early detection and cancer survival.

You may also be interested in:

An Introduction To - About Us.
Episode 001 - The Living For Longer Show


Write a comment