This is What US Fed Member John Williams Told an Elitist Group

This is What US Fed Member John Williams Told an Elitist Group, by Robert Wenzel.

CNBC reports that John Williams will move from the San Francisco Fed to take over the job as New York Fed president [the most powerful position at the US central bank, after the Chairman]. …

I know Williams, he is a nice guy but a big-time money printing advocate. The banksters have what they want in Williams. He will push for running money printing “hot.”

BTW, Williams in San Francisco was featured at a meeting of a small group of elite globalists, maybe 12 people. As he was explaining to the group how the Fed operated, one of the elitists asked, “So you basically print money out of thin air?

Williams responded: “Yeah, it’s fun. Don’t you think?”

If creating brand new money is good for the economy, shouldn’t counterfeiters be lauded?

Central banks have almost limitless power to print paper money, extend credit and create debt, thus creating the illusion of prosperity where none exists.