Most people haven’t studied economics and don’t understand the contributing factors that led to the Great Recession, so they still view the Federal Reserve as a hero that saved the country from total collapse. But those who are informed understand that the financial bubbles seen over the last 20 years have been directly caused by reckless central bank intervention in the markets.
The supposed ‘expert officials’ at the Fed never seem to warn of a recession ahead of time but, instead, consistently encourage investors to buy in right before the bottom drops out. The Fed’s arrogance was on display yet again this week as chairman Janet Yellen made a bold statement about America’s economic future.
While speaking Tuesday she confidently stated:
Will I say there will never, ever be another financial crisis? No, probably that would be going too far. But I do…
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