l****z
发帖数: 29846 | 1 1927 Redux——-The Fed Repeats Its Greatest Historical Mistake
by Martin Armstrong • September 18, 2015
by Martin Armstrong
The Federal Reserve yielded to international pressure, making the very same
mistake that it made during 1927. Back then, there was a secret meeting and
the Fed agreed to lower U.S. rates to try to help Europe to deflect capital
inflows back to Europe. The exact opposite unfolded in the aftermath when
even more money abandoned Europe and flowed directly into the U.S. share
market.
In 1927, the Fed lowered U.S. rates in the middle of an economic debt crisis
, which is the same path taken today. It is very curious how history repeats
. We have just witnessed the Fed yield to international pressure once again.
In doing so, they are condemning the elderly and U.S. pension funds to
financial doom by setting in motion the next financial crisis. | S**C
发帖数: 2964 | 2 Who is this Martin dude?
same
and
capital
【在 l****z 的大作中提到】
: 1927 Redux——-The Fed Repeats Its Greatest Historical Mistake
: by Martin Armstrong • September 18, 2015
: by Martin Armstrong
: The Federal Reserve yielded to international pressure, making the very same
: mistake that it made during 1927. Back then, there was a secret meeting and
: the Fed agreed to lower U.S. rates to try to help Europe to deflect capital
: inflows back to Europe. The exact opposite unfolded in the aftermath when
: even more money abandoned Europe and flowed directly into the U.S. share
: market.
: In 1927, the Fed lowered U.S. rates in the middle of an economic debt crisis
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