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Politics : The Obama - Clinton Disaster
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To: Qualified Opinion who wrote (81105)11/9/2012 1:14:24 AM
From: Wayners1 Recommendation  Read Replies (1) of 103300
 
Ben's job is 50% to 60% to make sure that there is a gradual steady rate of inflation so that member banks can profit by being leveraged off of knowing that gradual steady state direction. They could do it the other way but the whole would just implode. Steady state long term inflation at a low rate to guarantee asset direction over a long period of time...that is the game. Knowing the direction, it's easy to win, but they have another card to play. Inside knowledge of Fed Statements, plans, policies, all leaked in advance of course to profit handsomly from short term trades.
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