In-depth into Yellen’s comments and all the markets reaction
Click download link to listen on this device: Download Show
Yellen,,,may not be as smart as Obama thought she was………….
BRIC…………ARE PLANNING ON GOING AROUND” FED”…….BY creating their own” mini IMF” ….FUNDING IT WITH 100 BILLION………………..zerohedge….today.
That could really shake the people behind the markets over here when it gets up and running. Or who knows maybe the BRICs see all the fund the central bankers and having over here and want to throw their own party.
I think it is about time………..CENTRAL BANKING AND POLITICIANS NEED TO BE RECALLED…………
CORY………….you might want to go and read the article and see if it worth posting.
There is a link to the actual press release in the Zero hedge article
thanks Smaulgld………..I have made it a practice , not to paste any links……I figure that is like doing the kids homework for them.(not calling Cory a kid) just think everyone should explore on their own……….
I try to use links sparingly esp if they are easily found. But for convenience I am not opposed to providing them.
The BRICs revolt has been brewing for year. The U.S. has been adding fuel to the fire by doing $4 trillion in QE, sanctioning Russia, fining bank Paribas, instituting FACTA and not returning Germany’s gold – makes it increasingly tougher to use dollars- seems to be more penalty than gain or ease of use.
I am not opposed either……..in some cases , I appreciate the hard work
Thanks- didn’t know the double minded woman went off script.
What happened to her we need hoily accaulmadative pualicy stance?
Yellen is on record as saying that its not the Fed’s job to burst bubbles – just to create them! When Yellen Yacks it seems we have to watch the price of gold.
CYA……….Yellen is in the middle………..