Everything related to Computer Security - Security Audits, Security Vulnerabilities, Intrusion Detection, Incident Handling, Forensics and Investigation, Information Security Policies, and a whole lot more.
Search This Blog
Tuesday, July 14, 2015
The Biggest Bank Heist In History! - PAT BOONE
Market bubbles in stocks, bonds, and the dollar....
A new Research Report, The Biggest Bank Heist In History! explains how free money to big banks has left our economy and wages stagnant - while creating the biggest stock market bubble in history!
The heist started in 2008 with the Federal Reserve's Zero Interest Rate Policy, known as ZIRP, which has been used to take trillions from some and give it to others – mostly big banks and the government itself.
We were assured this experiment would end the recession, boost jobs and spur growth, but this policy has failed miserably to do any of that!
Instead, the Fed's policy has; 1) benefited big banks (now 30% bigger) 2) created market bubbles in stocks, bonds and the dollar; and 3) left our economy, jobs, wages and savings accounts stagnant!
These zero-interest loans to big banks have created below-zero returns for American savers and seniors.
And when interest rates begin rising, our economy built on overvalued stocks and easy money could be severely damaged.