“We have all this propaganda about how globalism is bringing free capital markets to the world. Well, there’s not one here (in the US). If I’m correct in my conclusion about last Wednesday being an experiment in market manipulation, and then we add to that this policy of the Federal Reserve using its portfolio that it’s bought from quantitative easing for reverse repos, in order to further manipulate the market, then what does the market decide? Nothing. The prices of stocks today are due to the liquidity, and obviously also the bonds. So the notion that there is a capital market that is pricing things is absurd. These manipulations are pricing them. How does this differ from central planning?”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Guy Builds Bomb Using Only Items Bought After Airport Security
China Bans Margin Calls; Limits Pension Funds To Buying Stocks Only
John Whitehead: A Graduation Message for a Dark Age
Who Benefits From A War Between The United States And Syria?
New York police sued for pepper-spraying 5-month-old baby over subway fare
Julian Assange: The Modern State Is Acting Like A Mongol Horde
Newly leaked NSA program sees 'nearly everything' you do
The 'New Science' Of Psychedelics
Online gambling ban won’t stop online gambling, but will stop growth
Man who beat NSA in T-shirt parody case wins against Clinton group
Afghanistan’s first recorded bitcoin transaction?
U.S. Bill Seeks Steel Cents, Nickels, Dimes, and Quarters
After being hacked again, IRS shuts down e-File PIN service
BitPay Offers ‘Free and Unlimited’ Payment Processing for Merchants
Laws Are for the Little People