Zero Hedge: The confluence of factors that influence market prices are vast and variable. One moment patterns and relationships are so pronounced you can set a cornerstone by them.
One fallacy that has gained popularity over the last decade is the zealot belief that the Fed disappears risk from markets. That by expanding and moderating the money supply by just the right amount, and at just the right time, markets can grow within a pleasant setting of near nonexistent volatility. Some even trust that when there is a major stock market crash, the Fed, having the courage to act, will soften the landing and quickly put things back upon a path of righteous growth.
Believers in the all-powerful controls of the Fed have a 30 year track record they can point to with conviction. Over this period, the Fed has put a lamp unto the feet and a light unto the path of the stock and bond market. But what if the Fed’s adventures in fabricating a market without risk are approaching the end of the road? more …
Opinion: The Federal Reserve’s 2008-11 quantitative easing (money printing) experiment at this point looks like a roaring success.
Formula for the future: Economy sinks into recession – print counterfeit money and bail it out, rinse, repeat.
It worked, and with the itsy-bitsy exception of trillions of dollars of debt, the Fed is now confident it can work in perpetuity, unless something happens that virtually few expect that will change everything.
The scene: Tens of millions of people disappear without explanation (1 Cor. 15:51-52; 1 Thess. 1:16-18). Society breaks down and nothing will ever be the same again.
Top religious leaders left behind concoct lies to explain why they are still here when so many religious nut job types are gone. The US having been the #1 Christian nation on the planet is the hardest hit.
A confident world leader who helped negotiate a peace treaty with Israel and her neighbors comes forward with all the right words (Rev. 6:1-2) that soothes a panicked world. The time of Jacob’s trouble (Jer. 30:7) is about to begin and there are few who know what is about to happen.
Wars and rumors of war dominate the headlines (Mat. 24:6; Rev. 6:3-4).
The US economy, the engine of the global economy, is shaken to its core and a recession the likes of which has never been seen before begins to grip the world. The US dollar, world reserve currency, is virtually worthless overnight and the rest of the world’s currencies follow suit.
Hyperinflation begins (Rev. 6:5-6) and 2 Peter 3:3-4 is fulfilled:
“knowing this first: that scoffers will come in the last days, walking according to their own lusts, and saying, “Where is the promise of His coming? For since the fathers fell asleep, all things continue as they were from the beginning of creation.”
(see Bible Prophecy 101 chapter 10 ‘Unfulfilled Prophecy’ here)