The latest change in Fed policy sounds good. You get that warm fuzzy feeling that credit will loosen up and that things are getting better. But the fact remains, that this is ANOTHER transfer of the power to create money to the PRIVATE sector, it is another green light for PRIVATE TAXATION, and worst of […]

Tags: asset backed securities, banking, Federal reserve, inflation, money, private taxation, TAF, transfer of wealth
Posted in bubble, Corruption |