Banksters on the Move

The Federal Reserve is a Central Bank that is charged with a curious power to smooth out the blips in the banking system, keep stable prices, maintain moderate interest rates, and promote full employment. Noble endeavors no doubt.

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Some claim that the entire arrangement is designed to enrich a few due to special flows of information regarding the bank’s operations.

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The Fed and other Central Banks seem to operate at arms length to any arrangement of accountability. Because of this, these banks seem to self expand their powers and broaden their scope. If the environment is good, a blind eye is turned. If the environment is really good, both eyes are blind. Stocks are at all time highs.

Central Banks are buying the stock market. Do not question if this is in their mission statement or within the scope of their mandated operations. Stocks are up, all is good.

But if all is good, why do the Fed and other Central Banks feel the need to support what should be a self supporting stock market?

  American Thinker

Because they created a monstrous failing in the economic system, which affected them as well as the rest of the world, and now they’re looking to recoup?  Because there can never be enough money in their private accounts?  Because it is against their principals to leave untouched any available monies?

Central Banks buying stocks because they are being hurt by the low interest rates that they themselves create is a new event. They explain that because they aren’t getting enough of a return on their reserves they have turned to buying stocks. Since when is a Central Bank a for profit entity? It is a dangerous notion.

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One might ask, who at these Central Banks decide what to buy, and when? Who decides when to stop buying? [...] Would they ever choose to raise rates and perhaps harm their portfolio? Will they ever trim their equity exposure by selling out to unknowing buyers? How could that not happen? And how could that not be insider trading, manipulation, and just inherently unfair?

Ours is not to reason why.