In a surprisingly candid admission, two former Federal Reserve chairs have stated that the Federal Reserve alone is responsible for creating all recessions in the United States.
First, former Fed Chair Ben Bernanke said that
Expansions don’t die of old age. They get murdered.
To clarify this statement, former Chair Janet Yellen placed the murder weapon in the Fed’s hands:
Two things usually end them…. One is financial imbalances, and the other is the Fed.
Think that through, and you quickly realize that both of those things are the Fed. Is there anyone left standing who would not say the Fed’s quantitative easing in the past decade was the biggest cause of financial imbalances all over the world in history? Moreover, whose profligate monetary policies led to the Great Financial Crisis that gave us the Great Recession?
So, the Fed loads the gun with financial causes and then pulls the trigger. In fact, I think it would be hard to find a major financial imbalance in the US that the Fed did not have a hand in creating or, at least, enabling. Therefore, if those are the only two causes, then it is always the Federal Reserve that causes recessions by its own admission.
And, yet, those Fed dons look so pleased with themselves.
Read the rest here: The Great Recession
I wouldn’t go as far as saying all recessions are the feds fault but some of them definitely are. However, this is not a terrible thing since they learn from past mistakes and thus will not allow situations like the great depression happen again.
You are either ignorant, stupid, or a paid shill. Whichever, you are at the wrong f-king site.
We understand exactly how this con has been run for over a hundred years now, so tell whoever is paying you to make an attempt to defend the indefensible that you just couldn’t do it in the Trenches.
In short, f-k off, shill.
HEY HENRY, ROCCO THINKS ITS OK FOR THOSE KIKE BASTARDS TO HURT YOU “JUST A LITTLE BIT”. PERHAPS THEY’LL LEARN FROM THEIR MISTAKES AND “GROW A SOUL”!!
BWAHAHAHAHA!!!!!!!!!!
HAHAHAHAHAHAHAHAHA……………..
“ROCCO”? WHAT PIECE OF DOGSHIT DID YOU CRAWL FROM UNDER?
Hang em high! !
After the hang en ….remember never ever leave home without your high powered BB gun