Brave New, Unhinged World of Fed Running Amok

That's the impression I get, just by reading the headlines at Zero Hedge. This feels like a second death of the system (the first one occurred in September 2008), and I'm sure there will be a third one, fourth one, fifth one, down the toilet.


CLSA's Chris Wood Says Bernanke Will Continue "Mad Experiment" Until He Kills US Dollar Paper Standard, Looks Toward QE3

Fitch Puts Entire US Residential Mortgage Servicer Space On Negative Outlook Over Fraudclosure Concerns

Fed's Attempt To Bloat Curve Belly Is Successful As 5s30s Goes Ballistic

Silver Breaks $26; Shows What A Little RICO Lawsuit Can Do To The Price Of A Manipulated Commodity

An Angry Brazil Calls On US To Change Its Policy Stance

Market Prices In QE 7 As S&P Says Cost To Resolve GSEs Could Approach $700 Billion, Double FHFA Estimate

And that's not even half a page...

By the way, the Federal Reserve is celebrating 100-year anniversary of its birth, on Jekyll Island, on November 5 and 6.

Celebrating the 100 years of destroying the value of US dollars, celebrating their courageous launch of QE2 (3, 4, 5, 6, .... n, until the entire yield curve flattens at exactly zero percent). Crooks.

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