from USA Watchdog:
Real estate expert Fabian Calvo says forget about the Fed’s recent announcement that it was ending its QE, or money printing program.
Calvo contends, “Anyone who thinks the Fed is not somehow fueling the money printing through currency swaps taking place in Japan or in Europe right now is just fooling themselves. This economy has not gotten any better. The only thing that’s changed is the unprecedented scale of the money printing that is being injected into the economy.”
So, why is the U.S. dollar gaining in value against other currencies? Calvo says, “I actually think the dollar rising is another huge manipulation forward, and I think it is a last ditch effort by the Fed to keep the dollar as the world reserve currency.
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