The Ongoing Global Financial Crisis, Central Bank Lies And A World Of Propaganda!
- The Ongoing Global Financial Crisis, Central Bank Lies And A World Of Propaganda!
by www.kingworldnews.com
On the heels of Mario Draghi proposing that the ECB spend $1.3 trillion to revive the sagging euro economy, today King World News is publishing a powerful piece that takes readers on a trip down the rabitt hole of the ongoing global financial crisis, central bank lies and a world of propaganda.
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By Tera Management
Did You Know That Central Banks Lie?
January 21 (King World News) – On January 15, 2015 the Swiss National Bank (SNB) suspended its 3-year old commitment to the Swiss franc-Euro peg, sending the Swiss franc’s volatility above the Ruble’s! Here is what happened to investors in the formerly “solid” Swiss markets:
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Swiss franc surged 39% against both Euro and USD, ending the day up 23% against Euro and 21% against USD.
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Merely ten days earlier, on January 5, SNB President Thomas Jordan assured the public that the peg was “absolutely central” to the SNB policy: “We do have very low inflation and are forecasting negative inflation for 2015, which is why the cap is absolutely central,” SNB head Thomas Jordan told SRF (Swiss TV) in an interview. (Reuters)
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Despite the consensus that the Global Financial Crisis (GFC) ended years ago, it is, in fact, ongoing and so are the lies.
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Reblogged this on TheFlippinTruth.