Wednesday, July 13, 2011

Federal Reserve Talks More Stimulus

The private bankers who control America's money supply, know as the Federal Reserve, may launch another round of stimulus.

A new stimulus program is in the works that will entail additional asset purchases, the clearest indication yet that the central bank is contemplating another round of monetary easing.

Bernanke said in prepared remarks that the economy is growing more slowly than expected, and should that continue the central bank stands at the ready with more accommodative measures.


Printing more money and devaluing your dollar, which isn't helping the economy, is coming in other words.

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