Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.

Tuesday, August 08, 2017

FED True or False?

T or F:   The Fed has never functioned in any way except to help Wall Street inflate bubbles, protect big banks and allow the Federal government to spend like a drunken sailor.

A:   The Fed is functioning very well as far as those who are in a position to change it are concerned – it is massively redistributing income to the real owners of governments and allowing politicians to continue to promise more than they can deliver with tax receipts since they can borrow their way to prosperity and loudly claim economic “recoveries”.

No comments: