This is just one of the ways that the Fed is hiding the facts by shifting its QE out of the country to give the impression that its buy-back of indebtedness is “tapering”. Williams mentions that he doesn’t see QE being “tapered”, but this is one of the known ways QE remains at current levels, despite claims to the contrary by the Fed’s monetary authorities.
Quantitative Easing raises the monetary base and adds to inflationary risks. Williams points out that the consumer is already tapped out and can’t spend, so he expects a downturn in the economy that soon will have to be widely acknowledged.
Don’t you just love these Princeton/Harvard/etc terms invented by banksters? These people need to occupy jail cells where they can no longer do harm. Courts should make the possibility that central bank leadership will NEVER again engage in this type of theft with PERMANENT solutions that will dissuade future bankster theft. That should extend back to all living Fed Chairmen/women along with dissolution of the Federal Reserve Act. Of course, short of a revolution and a return to Constitutional rule, it’s never going to happen. People, including Williams and Hunter, are too afraid to suggest appropriate sanctions on central bank board members and their allies in the corporate and political world. They are far from alone, in that regard. When the hammer finally falls and evidence of where guilt lies becomes widespread we need PERMANENT solutions, and not stop-gap measures that will only mean a return to business as usual in short order.
Again, I make this suggestion to those who have found interesting Internet posts. Don’t make your readers hunt for your suggested articles if you want as many as possible to access your suggestion. Merely provide the title, in quotes, so there is no question about what you are referring to. It works as well as a link.