Feb 5, 2008

Michael Bolser on Fed intervention

The Federal Reserve is directly involved in manipulating the stock market. Fed wants the Dow Jones Industrial Average and other financial indicators to descend in a managed way. The Fed wants to drive the DJIA toward the 8,000 level, or below, in order to help create a deep recession which will have the effect of slowing consumption across the board and dampening the otherwise harmful effects of inflation.

A falling DOW is only one element of the recession effects of the excessive Fed-created housing and credit creation, whose bubbles are now bursting.

Without this recession, we would be on quick trip to hyper-inflation and the Fed wants to prevent this.

~ Michael Bolser, Founder, Interventionalanalysis.com, "Expect Fed to lower Dow to 8,000", Worldnet Daily, February 5, 2008

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