With the Washington Monument behind them, protesters cal for the end of the Federal Reserve, Sunday, Oct. 9, 2011. (AP Photo/Cliff Owen)

Blame the Federal Reserve, Not China, For Stock Market Crash

The Federal Reserve’s inflationary policies distort the economy, creating bubbles, which in turn create a booming stock market and the illusion of widespread prosperity. Inevitably, the bubble bursts, the market crashes, and the economy sinks into a recession.