Schiff Pummels Powell’s QE-Denial Farce: “The Fed Are A Bunch Of Liars”

“There’s an old saying that never believe something until it’s been officially denied. And Jerome Powell went out of his way today in his statement and in the Q&A that followed to emphatically say the Fed is not doing QE …  Except in every sense its QE because it’s exactly QE. There’s also an old saying, ‘If it walks like a duck, looks like a duck, and it quacks like a duck, it’s a duck.’ Well, this looks like QE, it smells like QE, it quacks like QE, it walks like itit’s QE.'”

https://www.zerohedge.com/markets/schiff-pummels-powells-qe-denial-farce-fed-are-bunch-liars

SEE:

Nehemiah: The king and his nobles (cronies) extracting from the people through debased silver

 

Now listen you rich people, weep and wail because of the misery that is coming on you…You have lived on earth in luxury and self-indulgence…You have condemned the innocent one: James 5

 

A Statement by Richard Duke about Politics and Political Actions

 

Debasement and Crony Capitalism; Nothing is New Under the Sun

 

The Fed Will Restart QE In November: This Is How It Will Do It