Recently mainstream media has been dubbing the new culprit of the current state of economic affairs to “Predatory Lending”. The story is, too many financial institutions carelessly and purposely lent out credit to individuals they very well knew could not pay it off. Well, how is that a problem unless someone wants this created-from-thin-air credit back? In comes the Fed. They tightened the “spigot” sort of speak, by calling in the loans and demanding a pay up making the money supply real tight.

‘One thing experience has taught is that every notable market crash, panic, bear market or financial crisis is the result of careful planning and forethought by the monetary authorities. With trillions of dollars at stake, nothing happens without their tacit or explicit approval and there is simply no such thing as a crisis that happens by “coincidence.”‘

Read the insights of Dr. Crane on how the Fed creates a financial crises, much like the one you are witnessing today:

“In March 1929 there was a little meeting in New York. After that meeting, Bernard Baruch sells out [of stocks], the Rockefellers sell out, the Kennedys sell out, all of the big bankers sell out. The big people were out [of the stock market] by August. Then the Federal Reserve cut the money supply four times in a month. There were four drastic reductions in the money supply.

“Then one day in October the banks called all of their loans on all of their margins at the same minute. Every bank in the money desk - and these were call loans, callable on demand. People had their stock on margin, borrowing 90%. Now they went to the banks and the banks weren’t lending, they were calling. They run to the market and everyone’s trying to sell. The banks had shut the money off. The call desks were closed. The money desk shut down….and all these people were running around trying to sell because they had to sell 10% down and they were wiped out. All of the people who weren’t on the inside were gone.”

Full story at Safe Haven [Now We Know the Real Reasons For the Credit "Crisis"]

Learn even more by watching The Money Masters below.