The Federal Reserve Open Market Committee is a small aggregation of hired thieves. This is something that needs to be stated clearly and I am doing it. Lately Janet Yellen has been saying that negative interest rates are something the committee the Fed will weigh if conditions worsen. Transferred into plain English this means if the stock market starts to drop she is going to do anything and everything possible to save it.
There is absolutely nothing about quantitative easing that has even an accidental chance of improving the economy. I am on record as saying that not one of the Open Market Committee members is a decent economist. I may not be accurate in saying that because once a person stoops to an extreme level of corruption it doesn’t matter whether they are any good or not.
Sadly Americans are trusting of government. The truth is that Federal Reserve policy robbing each and every person who is actually working of what they justly should earn. They are also being robbed of the chance of having a bright economic future. Over the past century Americans have become very ignorant. Their notions about government are child like. Yes, I am saying that at a minimum 80% of Americans are now too stupid to govern themselves. They are an easy mark. That still doesn’t make it right for a group of crooks to fleece them endlessly.
Americans need to be told they are stupid. Their self esteem is in the stratosphere so they really don’t know. This is critical because the stupid will be enslaved and we will all become slaves with them. Being polite these days is not exactly a kindness.