InvestorsHub Logo
Followers 21
Posts 411
Boards Moderated 0
Alias Born 04/11/2008

Re: None

Saturday, 10/14/2017 11:00:10 AM

Saturday, October 14, 2017 11:00:10 AM

Post# of 19176
My comment - When mass media like Bloomberg start calling Federal Reserve statements as a mumbo-jumbo charade we must be getting closer to the reset.

Central Banks' Return to Normalcy Is Nothing But a Charade

With their $21.5 trillion in assets, central banks have effectively manufactured the world's biggest economy.

"Simply put, all that money has created demand that outstrips the current supply in bonds, in equities, in stock price-to-earnings multiples, in historical risk valuations and in credit assets. Therefore, the economic environment that underlies asset pricing is, in fact, distorted. The Fed’s claim of some sort of “normalcy” is a charade. Fed Chair Janet Yellen can say it, and so can Fed governors and presidents, but there is not one grain of truth in the telling. It is nothing more than mumbo-jumbo because they do not wish you to recognize what is actually happening. They have taken over markets and now totally control and dominate them, regardless of the usual day-to-day antics."

https://www.bloomberg.com/view/articles/2017-10-11/central-banks-return-to-normalcy-is-nothing-but-a-charade