Consider the Source

By Tim Knight

On Monday morning, I was thumbing through the Wall Street Journal, and their featured editorial insisted that Powell heed Trump’s demands and stop raising interest rates. It was interesting to see how they described the bailout from the financial crisis of 2008:

Just look at those words – – “novel” – – “response tool” – – “stocked away for safekeeping.” Sounds sensible, prudent, logical, and conservative, doesn’t it? What a load of crap.

You would just as easily and honestly have described the actions that took place as “destroying the future in exchange for a brief period of artificial prosperity“, but when one reads anything, he must consider the source.

The two who wrote the editorial were Federal Reserve lackeys whose minds were already poisoned by the narrative trotted out by the Board of Governors. It’s just a good example that whether you’re watching Fox News, or Al Jazeera, or BBC, or reading The Guardian – – whoever is doing the writing has an agenda.

Support 100% ad-free by making a donation of your choice!

Or better yet, subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas to get even more bang for your buck. You can also keep up to date with plenty of actionable public content at by using the email form on the right sidebar. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at

Published by

Gary &