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New Book: Financial Markets “Contribute Little, If Anything, to the Betterment of Lives and the Efficiency of Business” →

Janet Yellen’s Press Conference, Following Fed Decision Not to Raise Rates

Janet Yellen Press Conference, September 17, 2015

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  • The Fed’s Bailout 3.0 Has Commenced

     

    Fed's Wall Street Bailout

    The Fed’s Emergency Loan Operations to Wall Street’s Trading Firms Began on September 17, 2019 – Months Before the Coronavirus COVID-19 Had Emerged in China or Anywhere Else in the World. That Strongly Suggests to Us that Wall Street Banks Had a Serious Problem Independent of the Virus Outbreak. Mainstream Media Refused to Cover this Story in any Depth, Leaving the Heavy Lifting to Wall Street On Parade, Which Has Since that Time Written More than Ten Dozen Articles Chronicling the Ongoing Fed Bailout. Click on this Text to Read Our Full Series of Articles as the U.S. Experiences the Third Banking Crisis Since 2008.

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