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Sowing the Seeds of Inflation and Dollar Degradation

Posted on May 15, 2008

The Federal Reserve as other central banks is obviously taking onto its balance sheet a lot of mortgages these days. Well, the creators of the Federal Reserve system would be rolling over in their graves if they knew the Federal Reserve is buying mortgages. Former Federal Reserve Chariman Paul VolckerWhether or not the creators of the Fed would be rolling over in their graves is debatable in our opinion. Like Andrew Jackson we believe central bankers have always been dangerous, incompetent meddlers. We feel the Fed should never have been created and and that it contin...

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foreclosures , program , system