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The Fed will do whatever benefits Big Finance at the expense of everyone else.
Incomes are back to 1995 levels. All that QE achieves is more expensive commodities and share prices.
Incomes are back to 1995 levels. All that QE achieves is more expensive commodities and share prices.
The Fed will do whatever benefits Big Finance at the expense of everyone else.
More QE on the way!
Apologies to PBS:
Hey you Guys!!!
Pushing strings in a new way...
Pushing strings in a new way...
We're gonna turn it on,
We're gonna start up the printer,
We're gonna fight to stop equity flight and make
the darkest red into black thanks to the Fed
We're gonna turn it on,
We're gonna start up the printer,
It's coming down the pike, just what Wall St. Likes, cause we're the lead Lackeys
Led by Benny Bernake
Benny Bernake
http://www.youtube.com/embed/TFYMijdQ_sA
I wish I had video editing skills...
http://www.zerohedge.com/news/heres-hilsenrath-what-expect-tomorrow