US Fed is a ‘mortician pumping formaldehyde’ into economy

International rating agency Moody’s has issued a debt downgrade warning to the entire world due to deepening global geopolitical uncertainty and risks. RT’s Keiser Report discusses the issue, noting that despite the rising turmoil the US Federal Reserve continues with its money-printing. “Certainly, we do have a zombie economy thanks to the never-ending parade of free money from the Fed and the growing pile of debt,” says Stacy Herbert. She recalls the words of Fed Chair Jerome Powell, who said recently “the debt is growing faster than the economy.” Max Keiser says that it reminds him of “the story of a mortician who is pumping formald

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Last updated : 26 Nov 2019 clock 05:40 PM

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