In the aftermath of more incredibly turbulent trading this week, today King World News spoke to the man who has been focused on uncovering sensitive government and market information for over 15 years. What he had to say will fascinate KWN readers around the world. Chris Powell covered everything from secret government agreements, to market manipulation, gold, and a coming new financial system. Below is what Powell had to say.
Eric King: “Chris, this historic Fed decision not to taper — what are your thoughts?”
Powell: “It was a confession of complete and utter failure by the Federal Reserve for its quantitative easing policy. It has not revived the US economy and it doesn’t seemed to have done much for the rest of the world either.
It is also a repudiation of Fed Chairman Bernanke’s so-called ‘forward guidance’ policy. They have been telling us for months that they were likely to taper, and then when it came time to do it they decided they couldn’t do it. I think this is really a disaster for the Federal Reserve as an institution….
Continue reading the Chris Powell interview at KING WORLD NEWS