Friday, September 18, 2015

Quote of the Day

Greg Hunter has the quote of the day:
(0:26) The Fed is not raising interest rates, and this proves beyond a shadow of a doubt that we do not have a recovery.
Watch his YouTube video if you have 20 minutes.  Listen for key words and phrases:

negative interest rates
more money printing
massive fraud
debt bombs
phony accounting

Greg's channel focuses on the pessimistic side of the economy, as does Peter Schiff, ZeroHedge and others.  I showed in my recent video that their advice has been wrong over the past six years.  BUT,  their warnings carry more weight after actual events like the Fed's decision yesterday.

Today's MW begs the question: who still trusts the monetary and fiscal policy folks with their financial future?

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