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Fed Conflates Inflation with Growth

- Michael Pento - Delta Global Advisors

Thank you Mr. Pento. Great article and as a student (novice) in money matters, perhaps fresh eyes so to speak; I often notice on thing about the Fed, I think general they are very smart and know exactly what they are trying to accomplish. So in this highly corrupt and manipulated system we should not forget that they have an agenda with a specific outcome in mind, i.e. Gold. (we cannot assume anything now days like gold trending upward because we know the price is controlled for a specific outcome.)

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Début de l'article : It is a sad situation when everything the man in charge of our central bank professes to understand about inflation is wrong.Mr.Bernanke does not know what causes inflation, how to accurately measure inflation or the real damage inflation does to an economy.He, like most central bankers around the globe, persists in conflating inflation with growth... Lire la suite

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