Sir Alan speaks again.
This time in a rare incident of truth-telling. Maybe he's full up on $100K and higher honorariums to deliver what the in-crowd loves like to hear. Quantitative easing had only one purpose, that of wealth transfer.
He conveniently leaves out it was a direct hit on the pocketbooks of the retired, the poor and the less fortunate. War on the poor, the disenfranchised and the fixed-income group. They probably won't want to utter it, but we'll do it for them: Thanks, Alan. Thanks, Janet. Thanks, Ben.
Now you know in part why the Federal Reserve Bank is the most dangerous institution in America when it comes to your liberty, your independence and your financial future.
To paraphrase Voltaire: If you see a central banker jump out of a window, it's probably a good idea to follow because there's most likely a profit in it for them and their wealthy friends.
zerohedge.com/news/2016-04-18/greenspan-admits-feds-plan-was-always-pushing-stocks-higher
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