Wednesday, September 18, 2013

No Taper: Fed to continue to print money with no exit strategy available

On Sept. 18, the most anticipated decision in several years from the Federal Reserve took place, sealing the fate of the American dollar and the economy as a whole.  In an 11 minute speech, Fed Chairman Ben Bernanke reported that the central bank would not taper their bond buying program as many on Wall Street anticipated, and instead will continue the $85 billion in money printing that has lasted for more than a year.

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