Loading ...These two idiots Paul and Bridgen need to do a little research on what happened August 24, 2015…
Thats the day the unaudited Federal Reserve’s covert Plunge Protection Team outed themselves and reversed a -500 point drop in the DOW in just 15 minutes. It was absolutely insane. That’s how powerful the PPT are. I will never forget that day. It proved to me the markets have all been nationalized by the Fed.
When you are unaudited, unregulated, and can create electronic money to buy stocks with, you are basically God of these financial markets. That’s why there will never be another major crash. Even Yellen said so. She knows how powerful the PPT are. The stock and bond markets are too precious for the Fed. It’s their babies and they will defend them no matter what. The free market essentially died in 2008.
*Take notes Peter Schiff and Andy Hoffman. We know you two perma-doomers are lurking here..