Post by Eric Gajewski on Jun 20, 2017 16:40:29 GMT
Tradcatknight: Democracy Is A Front For Central Bank Rule Paul Craig Roberts
Democracy is a spawn of Jews/Masonry....
Several years ago when the Federal Reserve had its Fed funds rate at zero to 25 basis points (one-quarter of one percent—0.25%), there was a great deal of talk, somehow presented as urgent, whether the Federal Reserve would raise interest rates. RT asked me if the Fed was going to raise interest rates. I answered that the purpose of low interest rates was to restore the solvency of the balance sheets of the “banks too big to fail” by raising debt prices. The lower the interest rate, the higher the prices of debt instruments. The Fed drives bond prices up by purchasing bonds, and the Fed raises interest rates by selling bonds, or by purchasing fewer of them than previously. tradcatknight.blogspot.com/2017/06/democracy-is-front-for-central-bank-rule.html#more