IPFS News Link • Federal Reserve
The Fed Is The Great Deceiver
• Lewrockwell.comApparently not if foreign holders of Treasuries are unloading them.
From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.
Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?
No, Belgium s trade and current accounts are in deficit.
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1 Comments in Response to The Fed Is The Great Deceiver
"The 'Fed' Is The Great Deceiver"? If only people knew in just how many ways that is true. U.S. Military spending “spiked” in 1964, right after the JFK Assassination, and the FALSE FLAG non-event called the “Gulf of Tonkin”, then again during the Reagan Administration, and once again, after the 9/11 FALSE FLAG. What happens when a government goes to war? It incurs DEBT, to the International Central Bankers. Who was behind the JFK Assassination? Oh, that’s right – the CIA. Who created the OSS/CIA? Oh, that’s right – the International Central Bankers. Well, well, well…we seem to have come full circle.