The Phaserl


The Recovery That Wasn’t

Only Thing “Improving” Is The Stock Market

by Nick Hodge, Outsider Club:

It doesn’t take much to grasp this concept…

The only thing “improving” is the stock market.

And I put “improving” in quotes, because it’s entirely predicated on continued money printing from the Fed — which is already destroying and will continue to destroy the value of the dollar, and could ultimately lead to its replacement as the world’s reserve currency.

By not tapering, the Fed told the world loud and clear that the U.S. economy is not adequately healing. And that means more money printing.

China is now calling for a “deAmericanized” global reserve currency. Fitch is talking about a ratings downgrade for the United States.

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