By Chris Rossini
Central bankers like to live in the shadows. When light is beamed in their direction, they run like it's a prison break. The mainstream media then steps in to deflect attention away from The Fed. With the latest market break, the target was China. Americans were instructed to look to the Chinese as the source of America's financial panic.
Ron Paul, on the other hand, correctly pinned the blame on the real source: The Federal Reserve.
But Americans aren't supposed to even think about The Federal Reserve. It's just supposed to be there, like oxygen. You don't sit and think about the oxygen that you breathe, and you're likewise not supposed to think about the puppet-master moneychangers at The Fed.
However, much to central banker dismay, more and more people are thinking about The Fed. Individuals around the world are picking up a copy of End The Fed, and are experiencing quite the awakening by reading its contents. Meanwhile, the average American may still be in the dark as to what The Federal Reserve actually does, but more and more are getting a feeling that it's not good.
Naturally, central bankers want none of this. They'd much prefer to lurk in the shadows.
Former Fed Vice Chairman, Alan Blinder, says:
“There shouldn’t be this intense interest in a quarter-point increase, and there shouldn’t be this intense interest in whether it comes in September or December. But the Fed remains the center of the financial universe. People stare at it like they stare at the North Star.”
The Fed definitely wants to be the center of the universe, but it doesn't want everyone staring at it.
Right now, everyone is not.
However, when the time comes that everyone does, The Fed may finally be forced to hang-up that "Sorry, We're Closed" sign.