Bernanke and the Federal Reserve Blowing Bubbles into Housing, Bonds, Stock Market, Bank Reserves

Think the Fed is your friend? Read on…

1.        "The Erosion Of The U.S. Economy In Two Words: Jobs And Wages | Zero Hedge  http://bit.ly/13PKDh5

-      adjusted for official inflation, real wages are down by 7% - 8%.

2.       Low interest rates, Over 20 Million Houses Sitting Vacant | Greg Hunter’s USAWatchdog http://bit.ly/Ye1HbM

-          the economy is being helped by “shadow stimulus.”  It’s coming from millions of underwater homeowners who have stopped making mortgage payments. 

-          Calvo says, “Money that would have been otherwise allocated towards a housing payment is going into consumer spending.” 

-          The Fed is also propping up housing by suppressing interest rates.

3.       "U.S. Already in Technical Default-Gregory Mannarino | Greg Hunter’s USAWatchdog" ( http://bit.ly/13PRJCj

-          Image below depicts Fed buying treasuries when no one else will, en masse, creating a bond bubble

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4.       The Fed Is Blowing A Dangerous Bank Deposit Bubble http://www.testosteronepit.com/home/2013/2/21/the-fed-is-blowing-a-dangerous-bank-deposit-bubble.html

-          Courtesy of Wolf Richter

5.       "Fed Injects Record $100 Billion Cash Into Foreign Banks Operating In The US In Past Week | Zero Hedge" ( http://bit.ly/13PTijI