Relevant:
- Bernanke’s Fed: The Only Decent Thing to Do Is to Deceive Us
- The End of QE3, Trouble Ahead for the Bulls?
- Fed Extends Emergency Lending Programs Until Jan. 30
- A crack emerges in financial markets: The New York Fed spends $53 billion to rescue the overnight lending market
- Monetary Watch May 2011, QE III courtesy of the private banks
2008-03-17 — goldseek.com
``My suggestion is that you do not pay much attention to upward moves in response to new programs offered by the Federal Reserve System. If it could do anything other than inflate the money supply, it would not be coming up with late-night emergency bailouts to be announced just before the opening bell of the New York Stock Exchange.''
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