Full Spectrum Dominance, The Pathology of U.S. and Global Monetary Policy

Interest-Rates / Credit Crisis 2011
Jan 13, 2011 - 05:26 AM

By: Rob_Kirby

The purpose of this paper is to demonstrate how the Federal Reserve – through its proxy money centre banks – has taken complete control of the interest rate complex enabling them to arbitrarily price capital at or near zero. This has only been possible with accommodation of the ruling elite who mutually benefit from these policies.



Author’s Comment:

The market caps of financial institutions post 2008 crash while substantially diminished would have been overwhelmingly negative [i.e. bankrupt] had the accounting rules for banks not been “suspendedâ€