This Is The Same Pattern The Fed Followed Before The Great Depression

Posted on August 9, 2019 11:32 pm
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URL https://www.activistpost.com/2019/08/this-is-the-same-pattern-the-fed-followed-before-the-great-depression.html 

By Brandon Smith

There is immense confusion surrounding July’s Federal Reserve meeting and the rather insane aftermath that has been spurred on in the trade war. The Fed’s latest rate decision of a mere .25 bps cut was seen as “disappointing”, this was then followed by Jerome Powell’s public statements making it clear that this was only a mid-year “adjustment”, and that it was not the beginning of a rate cutting cycle and certainly not the beginning of renewed QE. This shocked the investment world, which was expecting far more accommodation from the Fed after 7 months of built up

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