there is no way in hell FED is exempted from all the rules and regulations.. American public can not and will not allow small group of bank cartels to manipulate US and world markets. there's no free markets, only manipulated stock prices and currency values... US economy, military and financial systems will be collapsed because of today's FED actions.... Wake up America...
What do you think an audit would uncover?
Maybe as many sets of books as barry has names?
Hay! Look at what this brogg stumbled upon. And it ain't hay..
The EIA notes,
Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just under 4% of income before taxes, according to EIA estimates. This was the highest estimated percentage of household income spent on gasoline in nearly three decades, with the exception of 2008, when the average household spent a similar amount."
And in 2013 gas prices have gone up even further.
Maybe the answer to were all the Walmart customers went to was the,,,,, Gas Station They didn't run out of gas, just money. .
Plenty of anecdotal evidence to place a bet, but the house controls the deal..
How about losing money on purpose when trading with the banks. On every trade they lose money with primary dealers. Only reason why they make money is ever increasing leverage and the payments from the treasury. Plus the fact that bond portfolio was pushed up. What happens when it reverses?
So explain how the Federal Reserve has made money on those bond purchases since September of 2012 when interest rates are above those levels by a wide margin as of today's close-Are you in denial? Apparently so and to the great detriment of your capital or should I say heavy margin account.