Former Dallas Fed President Richard Fisher: "Fed At Fault" Finally the Truth from an insider!

Mr. Fisher admitted “What The Fed did, and I was part of it, was front-loaded an enormous rally market rally in order to create a wealth effect…” and followed with “The Fed is a giant weapon that has no ammunition left.”!!! I do want to point out the term “front loading” could be replaced with many other words such as “rigged, manipulated, supported or even forced” and the meaning would still be the same!

Why would he say this? And why now? I am sure these two questions, (the first in particular) are being asked all over in elite land. The “wizard” behind the curtain must be none too happy with Mr. Fisher’s confession! To bluntly answer the two questions, Mr. Fisher must have a guilty conscience and wants to separate himself from “blame” just as Alan Greenspan has attempted. Put simply, “he knows”! He knows what they (the Fed) did, he knows the result (bubbles everywhere you look) and he knows the “timeline” to the unwind (now)!

Please view the video for yourself as the entire seven minute interview is as inflammatory and full of truth as any interview I could do in 30 minutes. The phrases “over valued, unwind, front loaded, giant weapon, no ammunition, horrible crisis, over inflated, we went one step too far, we had already purchased $1 trillion in securities by March 2009, that was sufficient and we had launched the rocket, it was the Fed the Fed the Fed and other central banks …that’s not the way markets should be working, markets were juiced up by central banks” were all included. I could go on and on but you get the picture. Mr. Fisher in one 7:00 interview wrapped up and confirmed everything us “nutjobs” have been saying all along!

- - Bill Holter

[link to www.jsmineset.com]



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Last Edited by No Dhimmi on 01/07/2016 07:59 AM