“If you buy the party line that Wall Street and the Federal Reserve is pushing, the process of ‘tapering’ back on Quantitative Easing (QE) will be relatively painless. All the Fed has to do is gradually, slowly, predictably, and gently ease back on its bond purchases and, they say, it will have minimal market impact. My take? Fuhgeddaboudit … it will be anything but smooth. And this week, I’ll use the Fed’s own comments — and a shocking Fed chart — to show you why.”
Related posts:
Obama's Killer Sense of "Humor"
An Anti-Semitic American Law Created the State of Israel, and a Whole Lot of Trouble
Detroit Suffers the Biggest Municipal Bankruptcy Ever — Are Your Muni Bonds Safe?
Pepe Escobar: El comandante has left the building
The courage of Bradley Manning will inspire others to seize their moment of truth
Paul Craig Roberts: America Totally Discredited
Doug Casey on the Fiscal Cliff
Bill Bonner: What a wicked world!
Edward Snowden vs. the Sovietization of America
“Everything we are told about deflation is a lie”
How a $1 Bag of Salt Water Becomes a $546 Bill at Hospitals
Iran, Russia Launching Cryptos to Escape Sanctions
The Trillion Dollar Coin Is a Great Idea!
A Social Phenomenon: Protests Erupt in Brazil
Paul Craig Roberts: The Special Interests Won Again