By Bill Holter:
Ben Bernanke testified last week about the Fed’s “exit strategy”. As I’ve written before, there is none, there can’t be one, and there never will be one! Every time in the past when the Fed let up (even just a little) on the accelerator the markets (and economy) would begin a hissy fit. Now, the Fed is even funding the European banking system as reported by Zerohedge .