“Bernanke made a comment about the possibility of changing this policy later in 2013, but only if the economy continues to grow. The financial media headlined this statement. Stock markets immediately tanked. Why? Because investors believe that the world’s economic recovery is dependent on the $1 trillion counterfeiting operation, no matter what the general economic statistical indicators say. They do not trust the FOMC’s judgment in assessing these indicators. They do not trust anything except counterfeit money. In short, they are becoming implicit Austrian School economists. They see that mass monetary inflation has rigged the capital markets.”
http://teapartyeconomist.com/2013/06/20/investors-say-mises-was-right/
Related posts:
David Galland: What the Hell Is Wrong with Obama?
Congress Should Veto Obama's War
Question the 'National-Defense' Exception to Free Trade
Real Reason they Arrested Brandon Raub: Strip Him of His Right to Bear Arms
A Social Phenomenon: Protests Erupt in Brazil
50,000 Yemeni children dead; UK-US-Saudi war enters horrific new stage
Bill Bonner: Don’t Be Fooled By the Wealth Inequality Debate
The Shearing of the Sheeple
Kafka’s America: Secret Courts, Secret Laws, and Total Surveillance
Beware the man on the white horse…
Al-Qaeda now a US ally in Syria
Is RNAi Making a Comeback?
What happened in West, Texas?
Would A Higher Minimum Wage Help McDonald's Workers?
Digital Technologies vs. Truth Suppression