Sunday, September 13, 2015

The last weekend before the Fed makes their most important decision of the last five years

It is now less than six days before the Fed will announce perhaps its most important decision of the last five years… whether to raise interest rates or keep rates where they are.  And while analysts have been making predictions on this potentially game changing event, very few actually know what the results will be because whichever choice is made will have detrimental consequences for the economy.
What has really been the catalyst for the divergence in the Fed simply jawboning that they will raise rates for nearly a year is the fact that nearly all economic data points have been either manipulated or reported as outright lies which have skewed the belief that the economy is in recovery and strong enough to stand on its own if interest rates began to rise.  And for all the propaganda behind consumer spending, unemployment, gdp, and corporate earnings being ‘very good’ as the wombats on CNBC promote each and every day, the U.S. central bank has to know the truth behind all of these ponzi schemes and it makes acting in accordance to their own rhetoric very difficult when the reality of the data is both in opposition to their words, and in some cases even worse than before 2008.

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