Saturday, August 25, 2018

Atlanta Fed Releases Latest 3rd Quarter GDP Estimate – a Whopping 4.6

Via Billy

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The Atlanta Fed released their projection for US GDP as of August 24th and the results are very good for Americans –



    “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

    Thomas Jefferson

    Keep in mind our national debt is approaching $21,000,000,000,000.00 and will continue climbing. To top it off, the Federal Reserve, along with other reserve banks, are monetizing our debt as well as the national debt of far too many other countries. Oh, did I mention many reserve banks are also buying stocks and bonds of public companies?

    In addition, banks have been writing loans for auto for people who cannot afford them and are now writing home loans with 3% down....what could possible go wrong?

    Of course this does not mean one cannot make money in such a manipulated market but they must also remind themselves it is contrived and subject to the whim and agenda of the people manipulating it.

    Y'all have a nice day.