Fed Says Spending Cuts Hurt Economy; QE-Infinity Will Continue

[Rebelitarian]

Fed Says Spending Cuts Hurt Economy; QE-Infinity Will Continue

Prison Planet.com » Fed Says Spending Cuts Hurt Economy; QE-Infinity Will Continue

Well this sucks, our American Dollar is going the way of the Confederate Greenback !!!

The American Dream Film-Full Length




The Money Masters.

[ame=http://www.youtube.com/watch?v=H56FUHgqRNE]The Money Masters - Full-Length (3hrs 19m) - YouTube[/ame]


I wish more Americans would wake up to our banking system, only educated people can really stop this economic tragedy in the making.

Agree.... disagree..... ??

Your thoughts....................

 

[expat_panama]

Fed Says Spending Cuts Hurt Economy; QE-Infinity Will Continue...

From the article:

"... October 30 press release, the Federal Reserve Bank’s Open Market Committee blamed the soft economy on a lack of government spending... ...“Fiscal policy is restraining economic growth,” the Fed’s Open Market Committee (FOMC) concluded. The Federal Reserve support for “fiscal policy” as an economic cure — i.e., more government spending"

The thing is, that while Prison Planet may think that 'fiscal policy' is spending, the standard definition (from here) pegs it more on taxes:

fiscal policy - a government policy for dealing with the budget (especially with taxation and borrowing)

economic policy - a government policy for maintaining economic growth and tax revenues​

Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
​

Bottom line, the Fed actually infers that the problem is taxes not spending. Prison Planet's a bunch of liars or morons.