By Michael Snyder
The unelected central planners at the Federal Reserve have decided that the time has come to slightly taper the amount of quantitative easing that it has been doing.
8 ways that “the taper” is going to affect you and your family:
1. Interest Rates Are Going To Go Up
2. Home Sales Are Likely Going To Go Down
3. Your Stocks Are Going To Go Down
4. The Money In Your Bank Account Is Constantly Being Devalued
5. Quantitative Easing Has Been Causing The Cost Of Living To Rise
6. Quantitative Easing Did Not Reduce Unemployment And Tapering Won’t Either
7. The Rest Of The World Is Going To Continue To Lose Faith In Our Financial System
8. The Economy As a Whole Is Going To Continue To Get Even Worse
Read more>>
We’ve removed the ability to reply as we work to make improvements. Learn more here
