
With Bernanke gone, the remaining Fed members knowing full well they will be
crucified, metaphorically of course (if not literally) when it all inevitably
comes crashing down, are finally at liberty with their words... and the truth is
bleeding out courtesy of the president of the Dallas Fed, via Bloomberg.
- FISHER SAYS QE WAS A MASSIVE GIFT INTENDED TO BOOST
WEALTH
Which incidentally coincides with
Bernanke's
heartfelt "admission" that "
my natural inclinations, even if it weren’t
for the legal mandate, would be to try to help the average
person." As long as helped to boost the wealth of the non-average
billionaire., all is forgiven. "The result was there are still many people after
the crisis who still feel that it was unfair that some companies got helped and
small banks and small business and average families didn’t get direct help,”
Bernanke said. “It’s a hard perception to break." The truth, as again revealed
by Fisher, will not help with breaking that perception.
We wonder how President Obama, that crusader for fairness, equality and all
time Russell 200,000 highs, will feel about that? In the meantime, just like the
Herp, QE is the gift that keeps on giving... to the
0.001%.
US
Income Gap Soars To Widest Since "Roaring 20s"
Record
US Income Inequality In One Chart
Shopping
With Bernanke: Where QE Cash Ends Up Tells Us Who Benefited
(Click link below to read more)
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