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ramasart
Membre depuis mai 2012
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How the Fed Operates — And Why It's a Problem - Frank Shostak -

In a nutshell, the Fed facilitates the theft of the value of the dollar, as they can control the increase in supply which at the same time inverts the value of the same dollar. They've now taken 99+% of the original value of the dollar by this method, and then in turn obfuscate about the source of inflation as if it was some nebulous and undefined entity that is caused by something outside of their control. Awesome gig if you can get it, I guess.

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Début de l'article :We are often asked about the mechanisms by which the US Federal Reserve Board (the Fed) influences the level of US interest rates and whether these mechanisms also influence the level of the US money supply. It has long been regarded that the Fed no longer inflates and contracts the money supply but rather simply acts to target interest rates. The purpose of this brief paper is to clarify how the Fed works and the impact that its operations have on the money supply. The main market through which... Lire la suite

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