Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

i read that by Saville awhile back. And on review i have to say he is not correct in this instance. The volatility we have been having is significantly greater than in the past he refers to. Yes bear markets are volatile, but we are shattering records in regards to volatility,imo.
Two.PPT is not even a conspiracy theory in that legislation was passed after the 1987 crash that established such a unit,but it wasn't called PPT,and that unit was given sweeping powers to do what ever interventions needed to hold up financial markets when deemed neccessary.
Anyone having the link to the 1987 document do post it, i should have saved the link when it was posted.
It can't be proven because it isn't meant to be public information.
But legislation to permit PPT has existed for 14 years, and i have seen too much to doubt The Fed is using these powers whenever market seems in danger of a true freefall crash.Max