Andrew Huzar Apologizes for QE

Andrew Huzar apologizes for Federal Reserve QE actions.  His statements should have you shaking in your boots.

Who is he, and what is "QE"?

Andrew Huzar  a senior fellow at Rutgers Business School, is a former Morgan Stanley managing director. In 2009-10, he managed the Federal Reserve's $1.25 trillion agency mortgage-backed security purchase program.

And the QE he speaks of is:

A monetary policy occasionally used to increase the money supply by buying government securities or other securities from the market. Quantitative easing increases the money supply by flooding financial institutions with capital, in an effort to promote increased lending and liquidity.

Here is the important part.

He wrote a piece in the Wall Street Journal yesterday.  PLEASE give it a real good read and try to understand it because your financial future in on the line whether you know it or not.  I don't mean "try to understand" in a condescending way.  This is not easy stuff for a person to wrap their brains around.  A great deal of finance is covered in filigree to mystify the common man so Money Changers can work the system, or to put it another way... Screw you over.  That is unless you fall into the "Too Big To Fail" class of people.  Underneath all that is some really basic finance which we can all understand.

I'm going to link you below to a few sites, plus a little something extra on how dangerous this is. 

This is a "must read", but if you can't,  just shoot down to the video for a pretty good understanding of the dangerous stuff that is going on at this point.
 
This is scary stuff.

If you own Equities on the Market you need to pay attention!

If you don't have a clue as to what Equities are or what the "Market" is, you need to pay attention too, because this is going to effect you also - BIG TIME.


Link 1 below to WSJ

http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884

Link 2 (is a brief on drawbacks and dangers of what the Federal Reserve is doing.

http://www.ecrresearch.com/world-economy/dangers-and-drawbacks-quantitative-easing

AND.........

If you just can't handle reading it all, or are short on time; see him interviewed here at this link

http://www.cnbc.com/id/101192690

Understand this at the very least...

The path we have taken is a very dangerous one.  I hope the Federal Reserve starts easing fast but at an extremely slow pace.  We have gone too far.  The market is going to move in bad directions real fast and so will a lot of financial products the working class needs to get by (loans, mortage, credit cards HELOC's, etc.).

If we ease out really slow, maybe the whole thing will not blow up in our faces.

Please pray with me, that those in control do what is right for all, and not only what they can do for the chosen few.  So far that has not been the way they are behaving.

I leave with a quote again...

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
- Henry Ford