March 28th, 2015
shtfplan.com
Are there really secret manipulations of the economy going on in the shadows of Wall Street and Washington?
Do bears crap in the woods?
The NY Post’s controversial columnist John Crudele has thrown down the gauntlet, declaring that the market is rigged. And not only does everyone know it, but it is now being admitted.
The stock market is rigged.
When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a conspiracy theory, tinfoil hats and that sort of stuff. Most people just ignored me.
But that’s not happening anymore. The dirty secret is out.
Ed Yardeni, a longtime Wall Street guru who isn’t one of the clowns of the bunch, said flat out last week that the market was being propped up. “These markets are all rigged, and I don’t say that critically. I just say that factually,” he asserted on CNBC.
Yardeni’s claim is the most basic one: that the Federal Reserve won’t do anything that will upset
Wall Street and, in fact, is doing all it can to help the stock market.So the Federal Reserve is propping up Wall Street, and the economy by extension, not only by issuing free money through QE3, but buying up bonds and shares as well.
This form of manipulation extends globally, with many other central banks propping up the market, and even the U.S. government… as a means of covert proxy investment:
Read more »
This form of manipulation extends globally, with many other central banks propping up the market, and even the U.S. government… as a means of covert proxy investment:
Read more »