The Federal Reserve is supposed to add stability to financial institutions. Is it fulfilling its mission? This article does a beautiful job of tracing the 30-year history of the Federal Reserve through Greenspan, Bernanke and Yellen. What they all have in common is extreme liquidity policies that have resulted in bubbles and crisis as in 1987, 1999 and 2007. The author makes a prediction of what will happen if these policies continue.
Read article by Jack Rasmus
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