IPFS News Link • Precious Metals
Ron Holland on Gold, Switzerland and the European Secessionist Movement
• http://www.thedailybell.com, with Anthony WileDaily Bell: Let's jump right in. Give us some feedback on these monetary easings and the US dollar. Harmful? Helpful? Please put it in context.
Ron Holland: Cutting rates, monetary stimulation and creating more fiat money seems to be the only option left to the central banking cartel in Europe and America. For the US, this creates a higher stock market thus making citizens feel more prosperous and less destitute than they really are. This always occurs during a presidential election campaign as the party in power and the president up for re-election need a positive − or in this case an improving − economy to increase their chances of winning the election. Both parties have done this for the last 40 years or so; nothing unusual here.