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Magawatt - it's got nothing to do with what Trump said - it's a calculated move by the Fed to tank the economy for political reasons

 

Is Janet Yellen Trying to Trigger a Recession For Political Purposes?

 
 
Phoenix Capital Research's picture
Mar 8, 2017 4:12 PM
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Trump might want to put a call in to Janet Yellen.

The Fed is supposed to be a neutral, independent entity. However, that myth went out the window when Bernanke “gifted” QE 3 to Obama in 2012 to aid with the latter’s re-election bid.

The Yellen Fed seems to be even more committed to defining the Fed as nothing more than a leftist establishment mechanism. Back in October when it still looked like Hillarious Clinton would win the 2016 Presidential election, Yellen commented that she was considering letting the economy run “hot” meaning allowing inflation to rise without implementing additional rate hikes.

One month later, Donald Trump won the Presidency and Yellen announced she wanted to hike rates in December with three more additional hikes in 2017.

Now, 3Q16 growth was supposedly 3.5%. If that had been true, then Yes, the Fed should consider hiking.

However, since that time GDP growth has collapsed. 4Q16 growth came in at a measly 1.9%. And 1Q17 GDP growth has collapsed from a forecast of 3% in early February to 1.2% today!

And Yellen is still pushing to hike rates.

So, back in October, when the economy was supposedly growing at an annualized rate of 3.5% Yellen wanted to let the economy run “hot.” And now that the economy is growing 2% rate (and soon to be sub-1% rate based on projections) she wants to hike rates multiple times.

Let that sink in for a moment.

It is very difficult to look at the above and not come to the conclusion that Janet Yellen is actively trying to thwart the Trump Presidency. For 8 years under Obama she signed off on maintaining interest rates at zero, permitting the debt to double.

Now that Trump is in office, Yellen wants to hike rates four times in 12 months. And she’s begun worrying about debt levels in her speeches.

Seriously?

 

The wise thing for Trump would be to ask for Yellen’s resignation. She has completely compromised any last credibility the Fed might have. And she’s now actively pushing to hurt the economy by hiking rates at a time when growth is already rapidly slowing.

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The Fed never had any credibility. It's a for profit private organization run by a handful of the largest banks in the world.

It's not a federal government organization. It was created late at night in the house of congress with only a handful of profiteering

congressmen most of which were attendees at the meeting on Jekyll Island.

 

 

I believe that banking institutions are more dangerous to our liberties than standing armies. Thomas Jefferson.

 

 I'm going to Golden Corral.

The best things in life RV

 

yak

 

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4 hours ago, BJinMontreal said:

The Fed is supposed to be a neutral, independent entity.

 

The Fed is a private bank owned by the Rothschild's... They only have one purpose... to make money. At anyone's expense.

They play a game. They buy everything low after a crash then cash out at the next peak. They will again drive the market up and will wait until the average guy invests their life savings via 401K, IRAs, etc.. Then they will crash the markets by cashing out causing another massive sell-off. Then they will take their profits and buy everything cheap again, then drive the markets back up... Well you get the picture. Wash, Rinse, Repeat.

These people have been controlling the markets with this simple game for a long time. They take advantage of people's greed. As professional banker/traders they understand when people see huge gains like they have seen recently, the average person (retail investor) gets greedy and thinks it will keep going up. Average investors don't understand, professionals see gains like 30 or 40% and take the money, while the uneducated and greedy think gains will go to 100% or even more. They (The Rothschilds, Illuminati) or whatever else you want to call them start selling early, then the investment companies see this and start selling too. Soon things start crashing and average people panic and sell. Sometimes they sell for less then they paid. When everyone is bummed out and afraid of the market, they (the masters of the game) come back in and buy everything cheap...

It was a Rothschild who coined the phase "buy when there is blood in the streets". http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp?lgl=v-table

 

 

B/A

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