jedemdasseine
27th April 2010, 05:39 AM
For those interested,
http://www.martinarmstrong.org/economic_projections.htm
I haven't read through all of the article, and some of them address topics I'm less interested in, but there are some real gems in there.
One point he mentions, something I first became aware of years ago from HyperTiger, is that the Fed has limited power when it comes to interest rates. The bond market has far more power over interest rates, for instance. Also, I agree that the Fed can only do so much and receives too much vitriol when compared to the SEC and CFTC, two organizations even more corrupt than the Fed and of under-appreciated power. Focusing more on the CFTC, especially, would not only severely hurt the Fed, but also help end manipulation in the bullion market.
http://www.martinarmstrong.org/economic_projections.htm
I haven't read through all of the article, and some of them address topics I'm less interested in, but there are some real gems in there.
One point he mentions, something I first became aware of years ago from HyperTiger, is that the Fed has limited power when it comes to interest rates. The bond market has far more power over interest rates, for instance. Also, I agree that the Fed can only do so much and receives too much vitriol when compared to the SEC and CFTC, two organizations even more corrupt than the Fed and of under-appreciated power. Focusing more on the CFTC, especially, would not only severely hurt the Fed, but also help end manipulation in the bullion market.