“We might taper, he tells us, if the economy seems strong. We might not if the economy seems less strong. Maybe we will, maybe we won’t. And to ascertain the strength of the economy, Bullard and his noobs will parse notoriously unreliable government data. They will make decisions on how much money to print at what price. This is price fixing and price fixing never works. They will use the loony-tune statistics provided to them by the US government. Good luck. They will make determinations about the level of the price fix they shall levy based on these flawed numbers. This is YOUR economy. This is YOUR money.”
http://www.thedailybell.com/news-analysis/34819/The-Dialectical-Pomposity-of-the-Tapering-Promotion/
Related posts:
No Rose Can Mask the Stench of Obama's Tyranny
Bill Bonner: Is Bad News Good News for US Stocks?
Chauvinists and Other Anti-Peace Voices
The courage of Bradley Manning will inspire others to seize their moment of truth
Paul Craig Roberts: The Special Interests Won Again
Ron Paul: Trump’s Disastrous Syria Attack
Hackers Can Use Your Car to Kill You
Jim Rogers BBC Interview - 25 Feb 2013
Welcome to the United Soviet States of America
Free Movement for U.S. Goods But Not for U.S. Citizens?
The Cannabis Conspiracy?
Stop cheering – Quebec’s sovereignty movement is far from finished
Argentina offers tax amnesty to head off devaluation
The Pentagon Throws a Fit and Sticks Out its Tongue
Bill Bonner: This is not a normal economy at all