Functionaries at the Federal Reserve
System (Fed) used to fiddle with the nation’s money supply to keep numbers for
inflation and unemployment in line with preconceived notions - basically, what fellow economists thought the data should be.
Administration functionaries were already fiddling with those very same
numbers before the fraudulent statistics even got
published for the Fed functionaries to see, so, like Ancient Rome, with all that fiddling the economy often
burned down.
Lately, Fed functionaries have been
fiddling with the country’s Treasury Bond, Note, and Bill supply to keep
returns from investments made by the 1% in line with
the gargantuan demands one would expect from racketeers skimming massive amounts
of savings into their own pockets through what a complicit financial press
labels “stock options”, but what are really your stolen ownership interests in
corporate America, and mine.
CEO’s and them are pulling off the most
successful heist in the history of crime, and with 34 years of plunder in their
wealth management accounts, nothing less than the massive resources of our Central Bank
can begin to help them squeeze every last ounce of illicit profit out of what used to be our
money before they went ahead and took it.
If you’re a retiree, or a proverbial widow
or orphan, and you need a stable flow of risk-free income, forget it. The new 1% want capital gains, so the Fed is
giving that to them at your expense, buying up all the Treasury debt it needs to
throw interest rates under the bus and utterly destroy your sector of what
isn’t a free market anymore.
And wrecking the free market’s way of
holding failed politicians responsible for the wild-spending catastrophe they
have wrought upon us, kicking the evil can of market turbulence down the road
to be suffered by your progeny at some horrific future date, or – God help us –
sooner while you’re still around to take yet another kick in those
long-suffering financial cojones of yours.
That, valued subscribers, is the Fed's role in monetary policy today.