The US central bank, the private Federal Reserve, continues to claim that the US economy is strong. But yet this past week it initiated monetary policy as extreme, as last seen during the worst financial crisis since the Great Depression.

Early morning Tuesday of this past week, the Federal Reserve sprung a 50 basis point cut supposed surprise on financial markets, only to have the debt market respond by further front running the Fed’s likely additional interest rate cuts likely back to zero upcoming.

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