Federal Reserve activity accounts for 93% of market moves since ’08

By: | Post date: March 18, 2016 | Comments: No Comments

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Money Morning.  A phony-baloney tidal wave of paper dollars, backed up by a shrinking number of American private-sector workers, provided the necessary phony growth numbers that have been trotted out each quarter as proof that the massive intervention in the economy staved off another depression.  The Fed’s paper arsenal, which is all it has, is now empty.