The Fed’s true mission..
What if the Fed’s true mandate is to produce inflation? Perpetual devaluation is necessary to offset natural deflationary collapse from unlimited debt.
What if the Fed’s true mandate is to produce inflation? Perpetual devaluation is necessary to offset natural deflationary collapse from unlimited debt.
That was why they were created and gold & silver removed as currency. Confirmation is their stated inflation goal of 2% annually. If a stable price mandate was really their intention the stated goal should be zero percent inflation.
For some reason they consider falling prices…AKA DEFLATION … their mortal enemy.
They have convinced us all that Deflation is Kryptonite for the Economy
Why ?
Most people would welcome cheaper Groceries …no ?
Absolutely. It isn’t kryptonite for the economy but it is Kryptonite for their debt creation and enslavement scheme.
Fed is owned by the bankers. (the branches, not the Board)
And the bankers represent the Elite, mostly.
Who care about bonds more than all else.
Inflation (as prices not credit), and especially unanticipated inflation, wrecks bonds. All kinds (as we recently saw; thanks FJB!)
Now if you are talking Treasury, then yes, Yellen wants inflation.
Politicians want inflation (prices up). Since the alternative is to tax directly.
Now inflation (as credit NOT prices, which is the proper definition) is also how banks profit. They want stable credit growth = stable profit growth.
So they want stable inflation (price) EXPECTATIONS. And they expect the Fed to produce that. Even if its non zero, and long as its a constant rate.
The US has built up an absolutely massive debt obligation by paying the FED to control the money supply which is something that the US Government COULD HAVE been doing all along for free!
The Fed was NEVER needed and the debt obligation is smoke & mirrors.
Actually I posted it for the Meme