The Fed WANTS a Recession?
An economist is reporting the Fed wants to lower the Dow to 8,000 and induce a deep recession to prevent hyper-inflation. Now my tin-foil hat is on pretty tight but when I look around “manipulation” certainly comes to mind. Who is behind it is another story since a fair portion of the problems were self inflicted by Congressionally mandated lending practices (for the purpose of getting poor people into their own homes so they could default and be poor people with 7 years bad credit) of the realty bubble and the media telling us for the last 7 years how bad the economy was while seeing 4+% growth.