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The Fed is pumping to satisfy the financial elites

22 Aug

“James Grant, Wall Street expert and editor of the investment newsletter «Grant’s Interest Rate Observer», warns of a crash in sovereign debt, is puzzled over the actions of the Swiss National Bank and bets on gold.”

Source: James Grant: «The Fed is now hostage to Wall Street»

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, Federal Reserve, Gold mining stocks, Inflation, Money, Politics, Precious metals, Stock market

 

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