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IPFS News Link • Central Banks/Banking

Martin Armstrong Exposes 'The Central Bank War' (That Nobody Notices)

• https://www.zerohedge.com by Martin Armstrong

ANSWER:

I understand this can get confusing because there are so many people who talk without any real-world experience. The Fed MUST raise rates to help the crisis in Pension funds. It raised the Fed Funds Rate (what banks charge each other) 25 basis points to 2.25-2.5%. While the Fed indicated there would be two more rate hikes in 2019, what has gone over everyone's head is exactly what I have been warning about. We are witnessing indeed not a Currency War that people claim over trade since I do not see any actual counter-trend manipulation attempts as was the case with the G5 back in 1987.

This is a brand new Central Bank War that nobody seems to get I suppose since I may be the only person who actually speaks to central banks outside the USA. All the various central banks and the IMF have been lobbying the Federal Reserve since 2014 pleading with it NOT to raise rates. I have stated many times that the rate hikes by the Fed have NOTHING to do with economic growth, inflation, or trying to stop a speculative bubble in stocks.

The lobbying behind the curtain against the Fed raising rates has been very intense. What is most interesting is that BECAUSE of what the New York boys did to me, outside the country it has been a badge of honor and a CONFIRMATION that I am NOT one of them and am independent. Hence, I meet with central banks outside the USA because I am someone who knows the real game behind the curtain, have 30+ years of real-world experience, and work internationally. That has made me fill a rather unique role with a front row seat to the world.


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