Tag: Quantitative Easing

Why is the Fed Tapering?

On January 17, 2014, we explained “The Hows and Whys of Gold Price Manipulation.” In former times, the rise in the gold price was held down by central banks selling gold or leasing gold to bullion dealers who sold the gold. The...

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Still No Jobs for Americans

In America, the unemployment rate is a deception just like everything else. The rate of American unemployment fell because people can’t find jobs. The fewer the jobs, the lower the unemployment rate.

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Manipulations Rule the Markets

The Federal Reserve’s quantitative easing helps the big banks, and manipulation of the gold price downward protects the US dollar from its dilution by QE.

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The Money Changers Serenade: A New Plot Hatches

The Federal Reserve describes its policy of Quantitative Easing — the creation of new money with which the Fed purchases Treasury debt and mortgage backed securities — as a low interest rate policy in order to stimulate employment and economic growth. Economists and the financial media have parroted this cover story.

In contrast, I have exposed QE as a scheme for pumping profits into the banks and boosting their balance sheets. The real purpose of QE is to drive up the prices of the debt-related derivatives on the banks’ books, thus keeping the banks with solvent balance sheets.

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