Trump can either ‘bite the bullet’ now if he really wants to improve the American economy or he can ‘kick the can down the road’ like his predecessors have, noted financial commentator Peter Schiff tells MintPress. by Whitney Webb Part 4 - The real roots of the coming crisis: The Fed After the economic crisis in 2008, central bankers made it a point to blame everything but their own policies, largely focusing their critiques on financial deregulation as the primary cause. While deregulation was certainly a factor that allowed the crisis to unfold, it was the monetary policy of the Federal Reserve that formed the underlying structural cause of the crisis. In 2001, following the bursting of the “dotcom” bubble, the Fed lowered the federal funds rate a total of 11 times, creating a flood of liquidity in the markets. This liquidity, sometimes referred to as “cheap” money, spurred the flow of capital into high-yielding “subprime” mortgage loans. Soon after, a real est