Michael Bolser on Fed intervention

The Federal Reserve is directly involved in manipulating the stock market. Fed wants the Dow Jones Industrial Average and other financial indicators to descend in a managed way. The Fed wants to drive the DJIA toward the 8,000 level, or below, in order to help create a deep recession which will have the effect of slowing consumption across the board and dampening the otherwise harmful effects of inflation.

A falling DOW is only one element of the recession effects of the excessive Fed-created housing and credit creation, whose bubbles are now bursting.

Without this recession, we would be on quick trip to hyper-inflation and the Fed wants to prevent this.

~ Michael Bolser, Founder, Interventionalanalysis.com, "Expect Fed to lower Dow to 8,000", Worldnet Daily, February 5, 2008