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The Federal Reserve’s false sense of omnipotence

From TrimTabs Money Blog
January 22, 2013 - 6:05pm
The Federal Reserve has now admitted that five years ago, just days before the start of the financial meltdown, Mr. Bernanke and others at the Fed did not have a clue as to the impending financial disaster. Now contrast that with the results of an astonishing poll by a Chartered Financial Analyst Institute publication that 59% of investors now believe that because of what's happened during the last five years: central banks and governments will be there to bail out troubled creditors. Read More The post The Federal Reserve’s false sense of omnipotence appeared first on TrimTabs Money Blog.

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