Martin Armstrong Warns: The Fed Just Made The Same Mistake As It Did In 1927

Martin Armstrong Warns: The Fed Just Made The Same Mistake As It Did In 1927

Secret meeting and the Fed agreed to lower US rates

by Martin Armstrong | Zero Hedge | September 18, 2015

The Federal Reserve yielded to international pressure making the very same mistake that it made during 1927.

Back then, there was a secret meeting and the Fed agreed to lower US rates to try to help  Europe and thereby deflect capital inflows back to Europe.
The exact opposite unfolded in the aftermath and even more money abandoned Europe and flowed directly into the US share market.



http://www.infowars.com/martin-armstrong-warns-the-fed-just-made-the-same-mistake-as-it-did-in-1927/