The Federal Reserve Has Unleashed a ''Virus Of Radical Monetary Policy''

Mac SlavoActivist PostThe Fed has no mandate outside the 50 states, but it unofficially determines foreign debt and currency markets across the globe in a big way anyway.Now, chairwoman Janet Yellen has testified before Congress that the Federal Reserve is looking to increase interest rates, on the pretext of low inflation. The rate increase represents an enormous price fixing mechanism that will alter the course of investments for everyone.The ground shakes when the Fed takes a step. Never mind if it should be this way:Federal Reserve Chair Janet Yellen said Wednesday that the central bank could raise interest rates before inflation picks up as long as it foresees price increases accelerating and the job market continues to advance. (Source)Jim Grant, publisher of the Grant’s Interest Rate Observer, has been calling out currency manipulation and interest rate manipulation for some time.The main driver of these manipulations, from the shadows and out of the mind of the public, are the actions of the Federal Reserve, which affects other central bank actions and much of the global market.Watch what Grant said on NBC News:Grant called the Fed’s interventions a “virus of radical monetary policy.” And according to Grant, there’s no going back… their actions are pivotal to the entire marketplace.



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