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FEDSTERS IN FOR A SURPRISE

By Pete Moore On November 2nd, 2011

The ‘Federal’ Reserve has announced ‘that economic growth strengthened somewhat in the third quarter’, therefore there’ll be no more QE. Strewth, they can’t recognise a manipulated, inflationary economy even when they cause it.

Further, they announce that ‘the Committee also anticipates that inflation will settle, over coming quarters, at levels at or below those consistent with the Committee’s dual mandate as the effects of past energy and other commodity price increases dissipate further’. (Price) inflation will settle? Really?

The Fedsters have the money supply up at ramming speed. If they think price rises will settle down they’re in for a surprise.

One Response to “FEDSTERS IN FOR A SURPRISE”

  1. for once I agree with you 100%