Central Banks gone wild

The accidental release of the Fed’s Advisory Panel minutes on Friday show that US policy makers are well aware of the limitations of their current policy to stimulate the economy through a manufactured “Wealth Effect”. Peter Schiff, who correctly forecast the 2008 collapse, explains what this means in a 20 minute video: http://www.youtube.com/watch?v=HIyEKn6GEAs Alternatively here is the actual report: http://www.zerohedge.com/news/2013-05-31/34-words-may-have-caused-todays-crash-stocks Meanwhile, Japan’s current economic policies have been described by the South Korean Finance Minister as a bigger threat than North Korea. Here is why Japan’s policy will most likely accelerate the problems everywhere else: http://www.mauldineconomics.com/images/uploads/pdf/20130601_TFTF.pdf

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