5 New Lies That The Federal Reserve Is Telling The American People
Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated.
"When the European banking system crashes (and it will) it is going to reverberate around the globe. The epicenter of the next great financial crisis is going to be in Europe, and it is getting closer with each passing day."
“But we expect that to pass through the system, and assuming no new shocks in the oil sector, inflation ought to moderate to about 2 percent later this year.”
"We, the Federal Reserve, have spent 30 years building up credibility for low and stable inflation, which has proved extremely valuable in that we’ve been able to take strong accommodative actions in the last four, five years to support the economy."
"Sadly, just like back in 2008, most people will never even see this next crisis coming."