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Credit Bubble Bulletin/Doug Noland/8-31-2019
“What a fascinating environment; each week bringing something extraordinary. Yet there is this dreadful feeling that things are advancing toward some type of cataclysm. . .The former president of the Federal Reserve Bank of New York’s piece galvanized an overwhelmingly negative response. Virtually everyone agrees it would be an outrage for the Fed to take such a plunge into the political maelstrom.”
USAGOLD note: Noland offers some keen insights on the Fed’s role in financial markets and politics in this week’s issue of the Credit Bubble Bulletin.
Source: USA gold
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