Understand the Federal Reserve Bank

QE2 (Quantitative Easing 2) has ended and we are already discussing whether QE3 is needed or not. So far FED has been printing about 1 trillion a year and inflation has not materialized. Deflationary forces are too great. Bank credit is still deflating. Even though FED has printed almost 3 trillion, total debt which is 65 trillion dwarfs the base money supply. FED's printing did not fix unemployment, did not fix housing. Home prices have reached new lows and are still going down. The question is, can FED's printing press prevent another major crash like 2008?

The Report FED Does Not Want You To Read

Our friends at Elliott Wave International have just released a free 34-page eBook, Understanding the Fed. It's the free report the Federal Reserve doesn't want you to read!

This eye-opening free report, which represents more than 10 years of research by Robert Prechter, goes beyond the Fed's history and government mandate; it digs into the Fed's real motivations for being the United States' "lender of last resort." In this 34-page report, you'll discover how the Fed's actions, combined with public outrage, may ultimately lead to its demise, plus much more about its secret activities and how it affects your money.


Download your free copy of Understanding the Fed eBook, here.