From sott.net
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Yet more BS Fedspeak, this time in the mainstream media:
In separate speeches, Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, warned that rising unemployment could crimp consumers, restraining the recovery. Consumer spending accounts for about 70 percent of economic activity.
That's because there is no real economic recovery at all.
So why is...
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