What Is the Impact of the Federal Reserve’s Latest Statement?

The extension of near zero interest rates by the Federal Reserve this week through 2014 is an act of desperation. The world’s economy is collapsing and the Fed has no tools left to counteract their failed fiscal policy.

As explained in the video, inflation could double by 2014. Like gasoline has doubled in the past three years. “Are you prepared” is no longer a question to be ignored.

David DeGerolamo

    
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