![]() That said, in her keynote speech in Jackson Hole, there’s a footnote that lays out exactly such a rule. But increasingly, the Pentagon’s manipulative behavior is being questioned – and by the alternative media in particular.įederal Reserve Chairwoman Janet Yellen has fought against a notion put forward by some in Congress to follow a mathematical formula to determine interest rates. In the past months the Obama Administration has clearly also escalated tensions in the seas surrounding the Peoples’ Republic of China-East China Sea with Japan and South China Sea with the Philippines-tensions which potentially could provoke a catastrophe. What the central banks are doing has never worked and they keep on trying – you just hit that nail a little bit harder each time because it isn’t working. On Saturday, the 2016 edition of the Fed’s Jackson Hole two-day symposium came to an end, and as many expected, following long bouts of rhetoric, circular statements and hollow bluster, much of it contradictory, both the participants and markets remain as confused as ever.
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