Thursday, January 13, 2011

Bob Chapman on Radio Liberty 01-10-11



Bob Chapman wrote in the International Forecaster of the 8th Jan 2011 about the problems caused by the FED which is the root of most problems :"...Many professionals are looking for answers as to why the US economy and finances are in the state they are in. We have been pointing out for ten years that the Fed is the problem, but those who realize this are afraid to speak the truth. They won’t have their jobs long if they do speak out. Low or zero interest rates may have helped government and big business, but it has not helped small business and the unemployed. Are we to believe that the Fed had nothing to do with the real estate collapse? Of course they did – they planned and executed it. The zero interest rate policy still in place has created more grievous damage than any other aspect of economic causes...."

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