Rick Santelli rants against recent Fed statements and stock market dependence on the Fed’s buying of government debt known as QE.

The Federal Reserve creates money out of thin air then charges America interest on that money. To keep those interest rates down the Fed has been buying the debt itself. Some maintain that when the Fed stops buying that debt interest rates could skyrocket increasing the cost of carrying $17 TRILLION in U.S. debt, absorbing all of the government budget, collapsing the dollar and causing a worldwide depression.

Also please consider:

10 Things That Every American Should Know About The Federal Reserve

11 Reasons Why The Federal Reserve Should Be Abolished

The Giant Federal Reserve Scam That Most Americans Do Not Understand

Ben Bernanke Tries To Convince America That The Federal Reserve Is Good And The Gold Standard Is Bad

Inflation Is A Tax And The Federal Reserve Is Taxing The Living Daylights Out Of Us

Federal Reserve celebrates 100 years of enslaving America

Hugely Negative Real Interest Rates Fuel Another Housing Bubble

Has Obama Already Bankrupted America?

Is Government Lying About Inflation? Yes!

Fed Policy = Reckless Endangerment

10 Things That Every American Should Know About The Federal Reserve

Federal Reserve Constitutional or Merely Legal?

Bernanke’s Anti-Stimulus

Middle class savers and elderly hurt by stealth tax

 

 

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