NH Sen. Jeanne Shaheen and incoming Federal Reserve Bank chairman Janet Yellen met on Dec 11, 2013. We can be sure that money-printing was mentioned.
Shaheen and Yellen are two baby boomer gals who have been pushing globalization and multiculturalism for the entirety of their careers.
Integral to globalization is credit conjured out of nothing. The Federal Reserve Bank has used conjured credit to create serial asset-bubbles. Real estate, stocks, bonds, derivatives -- all have been pumped up to create the illusion of sustainable economic growth. Fortunes have been made by those who have accurately predicted the expansion and contraction of the Fed-created asset-bubbles.
Without the unsustainable Fed-created asset-bubble wealth effect, mass immigration and multiculturalism would never have been tolerated in the U.S. Since 1994, Yellen has been involved in some form or another in pushing globalization and multiculturalism. Shaheen, a baby boomer stooge politician for treasonous billionaires, will do all she can to force unwanted globalization and multiculturalism on the U.S.
Shaheen and Yellen are in a policy trap. They are very well aware that they can't stop the continuous credit conjuring that allows the current global system to operate. Without the money-printing that clouds with greed natural cultural perceptions, many more people would reject the corrosive ideologies of globalization and multiculturalism.
We are in the midst of a global financial implosion. There is nothing but more money-printing from Yellen and Shaheen on the way. Baby boomer functionaries such as Yellen and Shaheen do not have the guts to admit that globalization and multiculturalism are a civilizational disaster. Shaheen and Yellen can't admit that diversity is not a strength. As the financial system implodes, more people will publicly reject the failed ideologies of globalization and multiculturalism.
Shaheen and Yellen only know what has been done before. For 30 years, without cease, the answer has been asset-bubble inflation. For the last few years, Fed money-printing has been the only thing keeping a natural market correction from occurring.
Yellen is going to money-print like a monkey on speed. Shaheen will be egging Yellen on.
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