The Fed Follows the Market Yet Again
Because social mood greatly influences markets, it ultimately influences the Fed.
Because social mood greatly influences markets, it ultimately influences the Fed.
If social mood has begun a decline of Grand Supercycle degree, it is no surprise that the era of historic apologies is yielding to a new era of historic retribution. The conflict between al Qaeda and the West expresses this tendency very dramatically.
Both supporters and critics of the Federal Reserve System agree that the first cause of paper money inflation and credit expansion in the U.S. since 1913 is the Fed. How does a socionomist respond to this assertion?