Our Current Illusion of Prosperity

By Frank Hollenbeck – Re-Blogged From http://www.Gold-Eagle.com

President Obama and Fed Chair Janet Yellen have been crowing about improving economic conditions in the US. Unemployment is down to 5.5 percent and growth in 2014 hit 2.2 percent.

Journalists and economists point to this improvement as proof that quantitative easing was effective.

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