Stocks soared today on the news that the Federal Reserve is ordering the US Treasury to print 1 TRILLION fresh dollars just in time for the election
I know they won't actually print more money, just buy eveything on paper but, at some point in time there has to be a reckoning!
How in the world does the stock market climb 200 points on the dumping of a TRILLION more dollars? This should not only send gold soaring but further devalue the dollar!
85 BILLION a month in purchasing mortgage securities just a cover up for more banking bailout?
And, why won't Harry Reid allow the bill that calls for an annual audit of the Fed be voted on in the Senate? The bill has already passed the House. Why do we allow Foreign interest to control our system as well as Moody's?
Guess we should now make that 17TRILLION!