Federal Reserve Still Looking at Implementing NIRP

in news •  8 years ago  (edited)

Janet Yellen

Approval ratings of the Federal Reserve are at an all time low due to consistent lies and highly controversial policy making. Just a few months ago, Janet Yellen, made false claims that the economy may be ready enough for the Fed to slowly increase interest rates. Today, she has drastically changed her stance and has been sympathizing with the idea of negative interest rates. This means that savers have to pay to keep their money in the bank among other negative outcomes. If you consider the real rate of inflation, many economists would argue that this has been the case due to the decreasing value of the dollar. There are several different CPI index's that are calculated. The CPI Index that the Fed and mainstream media talk about excludes food & energy and is not a good representation of the actual economy.

The fact that the Fed wants to decrease rates still is a sign that things are more severe than "we thought". She also explicitly talked about perhaps implementing "helicopter money" which is an extreme form of quantitative easing (printing high volume of money into the money supply, a.k.a. inflation). Many of the Feds policies simply deal with increasing the money supply, which is merely combating inflationary problems with more inflation, forming bubbles, in conjunction with the PPT. Negative interest rates and helicopter money are usually considered taboo and are both policies to the like that we have not seen. Please share and don't let popular media distract you.

http://www.marketwatch.com/story/yellen-says-helicopter-money-belongs-in-fed-toolkit-2016-06-15

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