Print! The only word in the Federal Reserve dictators’ lexicon

September 19, 2013 by History in a Hurry

No Taper. Of Course.

Written by Gary North on September 19, 2013

The financial media have been hyping the taper since mid-June. As September 18 drew near, the media were filled with predictions of a taper.

As you know by now, I regarded the entire thing as nonsense.

Bernanke announced no change. So, what else is new?

The Wall Street Journal announced the news within minutes. The following is pure spin.

“After spending months preparing the public that they could begin to wind down an $85 billion-a-month bond-buying program at their September policy meeting, Federal Reserve officials got cold feet Wednesday and decided to keep the purchases in place.”

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QE 1929

by WilliamBanzai7

QE 1929 by WilliamBanzai7/Colonel Flick

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