REAL WORLD EVENT DISCUSSIONS

The Goal Is INFLATION

POSTED BY: OUT2THEBLACK
UPDATED: Monday, April 10, 2023 05:05
SHORT URL:
VIEWED: 2346
PAGE 1 of 1

Friday, October 8, 2010 4:24 AM

OUT2THEBLACK


Federal Reserve Chairman Ben Bernanke from November 2002:

"U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

"By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services.

"We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation."

Problem is , Bernanke's theoretical strategies are not working well in the real world.

Sure , there's inflation , which the Fed likes to keep in the range of 1.7 to 2.0 percent per annum , to continually keep the wage-slaves running faster on the treadmill , and paying their 'dues' to the Fed and its evil twin , the IRS.

But , lack of confidence in the US 'dollar' Federal Reserve 'Note' is causing central bankers all over the world to stategize in keeping their own currencies cheap against it...

The race to the bottom is causing big inflation in the prices of critical commodities...

Stay awake , and stay tuned...

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 6:14 AM

DREAMTROVE


I think that Bernanke's plan is working quite well, but in the long run, the numbers don't really matter, it's the perception of what those numbers are that matters.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 2:41 PM

OUT2THEBLACK


Quote:

Originally posted by dreamtrove:
I think that Bernanke's plan is working quite well...



For whom ?

Bernanke ?

http://www.telegraph.co.uk/finance/economics/8043800/Banks-4-trillion-
debts-are-Achilles-heel-of-the-economic-recovery-warns-IMF.html

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 2:48 PM

OUT2THEBLACK


http://lib.store.yahoo.net/lib/realityzone/UFNBankOfJapanGold.html

"...The Bank of Japan just put Bernanke to shame with its latest announcement regarding quantitative easing."

Read more.

The Fed doesn't want the public to know all the facts...That's why they quit publishing the truth regarding the big picture of the 'money supply' years ago.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 3:55 PM

DREAMTROVE


They're moving to a new all international derivatives economy, where we, the little guys, will only own a decreasing share of a secondary currency. Meanwhile, Bernanke's statements seem to indicate that he wants to use the debt and the fiscal policy to pull strings to dictate policy in Washington. Since Obama has just handed the fed complete control over derivatives and the ability to create their own cash, I'd say it seems to be working out well for them.

And yes, of course the smarter nations of the world will not accept it, there will be more massive rejections than this, but they want to make it so that they can create cash and levy taxes outside of any official system, and do it internationally.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 4:59 PM

OUT2THEBLACK


http://www.project-syndicate.org/commentary/buruma42/English

'...Of course, many liberal Europeans are still alive and well. But first in Denmark, then in the Netherlands, and now in Sweden, illiberal, populist parties stirring up fear of immigrants – specifically Muslim immigrants – have managed to gain enough power to set, or at least influence, their countries’ political agendas.

These parties are not confined to Scandinavia and the Low Countries, but are part of a global wave of anger against political elites, who are blamed for all of the insecurities that come with global economics, the financial crisis, and living in more ethnically mixed societies. The psychology behind the Tea Party in the United States and the anti-immigrant parties in Europe is similar, even if their policies vary.'




NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 8, 2010 5:24 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!




Funny how the only people getting the $30-trillion Bankster Bailout are jews banksters.

It's all part of the Jew World Odor's Final Solution...detroy USA to create a global fascist dictatorship.

The New World Order Of Global Markets
http://www.forbes.com/2010/10/08/aig-rubin-summers-markets-stiglitz-so
ros.html


IMF Article Predicts New World Order
http://beforeitsnews.com/story/207/897/IMF_Article_Predicts_New_World_
Order.html

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 4:21 AM

DREAMTROVE


Those muslims were moved into Europe to create ethnic tension intentionally.. More than this, I'm not sure of, but I'm certain of this fact.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 7:19 AM

NIKI2

Gettin' old, but still a hippie at heart...


Aside from the movement of Muslims, I agree with everything you've said, DT.

The idea that it is "leftist, populist" forces which are doing this is incomprehensible to me, especially given that it is CONSERVATIVE parties who are the ones gaining power, and ultra-CONSERVATIVE positions which are ruling more and more. How "leftist" can even be put in the same sentence is "populist" is a dichotomy, for the same reason...it is right-wing politics which is becoming more and more 'populist' in many countries, including our own.


Hippie Operative Nikovich Nikita Nicovna Talibani,
Contracted Agent of Veritas Oilspillus, code name “Nike”,
signing off




NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 7:24 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


n/m

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 7:36 AM

NIKI2

Gettin' old, but still a hippie at heart...


Oops, I just reread and realized I got it wrong. It's "illiberal, populist parties stirring up fear of immigrants..."

I retract what I wrote regarding that point; it's an accurate statement after all. My bad.

However, also note that what you underlined says supposed elites "are blamed for", not that they are actually guilty of...popular perception, and as the author said, "The psychology behind the Tea Party in the United States and the anti-immigrant parties in Europe is similar, even if their policies vary."

That I agree with as well; the idiotic politispeak about "elites" is so ridiculous, especially given that many on the right went to the same universities as those they categorize as "elites", are just as rich and powerful, and only play to being "regular folk" to manipulate the public's perception.

In other words, thank you O2B, for posting the valid truth of the matter. You seem to have misunderstood the author's points, which is strange given he starts right out with "Whatever happened to the good Europeans, those nice folks in small northern countries who liked to think of themselves as the world champions of liberty and tolerance?" and "They talk about Western liberties, including freedom of speech, but Wilders wants to ban the Koran and the burqa, and a Danish member of parliament has called Islam “a plague upon Europe", as well as "the illiberal populist parties pledge their support without actually governing, thereby gaining power without responsibility".

The entire article DECRIES the swing to the right in Europe; is that what you were trying to point out?

He writes: "The influence of these slick new populists, waging their war on Islam, goes well beyond their countries’ borders. Nativism is on the rise all over the Western world, and Wilders, in particular, is a popular speaker at right-wing anti-Muslim gatherings in the US, Britain, and Germany" and "The idea of a Tea Party candidate becoming US president is alarming, to be sure, but European populists could only be part of coalition governments."

His suggestion is to include these so-called "populists", thus "They would then not only have to prove their competence, but also moderate their attitudes" because "That is why the Danish model is probably the worst solution, for it requires no governing ability from the populists. As long as Wilders and his European counterparts stay out of government, they have no incentive to temper their illiberal rhetoric and stop stoking up hostility towards ethnic and religious minorities."

His conclusion is that "people must be convinced that without controlled immigration – and not just asylum for refugees – Europeans will be worse off. With falling birthrates, immigrants are needed to maintain European prosperity. At the same time, Europe’s economies should be less enmeshed in protective regulations, so that immigrants can find work more easily", and warns that "Europe will not be safer under politicians who claim that we are at war with Islam. On the contrary, their influence will make life not only less civilized, but a great deal more dangerous."

Were you just picking and choosing a quote for your own purposes, did you misunderstand the article, or are you agreeing with the author's negativity toward the "illiberal" right wing gaining power? Doesn't seem to me as if you would agree with that, so I'm confused.


Hippie Operative Nikovich Nikita Nicovna Talibani,
Contracted Agent of Veritas Oilspillus, code name “Nike”,
signing off




NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 10:09 AM

OUT2THEBLACK


Quote:

Originally posted by Niki2:
...Oops, I just reread and realized I got it wrong. It's "illiberal, populist parties stirring up fear of immigrants..."

I retract what I wrote regarding that point; it's an accurate statement after all. My bad.

However, also note that what you underlined says supposed elites "are blamed for", not that they are actually guilty of...popular perception, and as the author said, "The psychology behind the Tea Party in the United States and the anti-immigrant parties in Europe is similar, even if their policies vary."

...In other words, thank you O2B, for posting the valid truth of the matter. You seem to have misunderstood the author's points, which is strange given he starts right out with "Whatever happened to the good Europeans, those nice folks in small northern countries who liked to think of themselves as the world champions of liberty and tolerance?" and "They talk about Western liberties, including freedom of speech, but Wilders wants to ban the Koran and the burqa, and a Danish member of parliament has called Islam “a plague upon Europe", as well as "the illiberal populist parties pledge their support without actually governing, thereby gaining power without responsibility".

The entire article DECRIES the swing to the right in Europe; is that what you were trying to point out?

He writes: "The influence of these slick new populists, waging their war on Islam, goes well beyond their countries’ borders. Nativism is on the rise all over the Western world, and Wilders, in particular, is a popular speaker at right-wing anti-Muslim gatherings in the US, Britain, and Germany" and "The idea of a Tea Party candidate becoming US president is alarming, to be sure, but European populists could only be part of coalition governments."

...His conclusion is that "people must be convinced that without controlled immigration – and not just asylum for refugees – Europeans will be worse off. With falling birthrates, immigrants are needed to maintain European prosperity. At the same time, Europe’s economies should be less enmeshed in protective regulations, so that immigrants can find work more easily", and warns that "Europe will not be safer under politicians who claim that we are at war with Islam. On the contrary, their influence will make life not only less civilized, but a great deal more dangerous."

Were you just picking and choosing a quote for your own purposes, did you misunderstand the article, or are you agreeing with the author's negativity toward the "illiberal" right wing gaining power? Doesn't seem to me as if you would agree with that, so I'm confused.




Yes Niki , you are confused. Same as it ever was , so shall it ever be.

Sorry that you are so brain-blown that your partisan take on everything cripples your grey matter yet further.

I would really love to see your EEG right now...Probably looks like one of those famous Arizona electrical storms...You must be sitting in a corner ,
on the floor , just glitching and drooling.

Have someone bring you a Haldol , and shuffle off back to sleep , now , will ya ?

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 10:17 AM

OUT2THEBLACK


Two years ago, most Americans knew little - to absolutely nothing - about the Federal Reserve, and that's the way the Fed liked it. However, times are changing.

For over 30 years, Congressman Ron Paul has attempted to open up the Federal Reserve and shed sunlight on its books. Never before had his bill made it out of committee, let alone received a roll call vote in both houses of Congress.

The Fed and its enablers are becoming frightened of citizen outrage.

The Federal Reserve is now a household name and most people now recognize its actions as a cause of the recession rather than a solution, and its actions are frequently scrutinized in the media. No longer can the Federal Reserve go about its daily business without people asking questions.

...80% of Americans are now in favor of a full audit of the Federal Reserve.

It wasn't easy for the Fed to water down the audit. It took everything they had, including hiring a powerful and well connected ex-Enron lobbyist and circulating letters signed by so-called “renowned economists” who made it sound as if we would bring on the apocalypse itself if the Fed were subjected to an audit.

Even the Obama administration was forced to come out in opposition to the audit to help the Fed save face.
Ben Bernanke was reconfirmed with the lowest vote of any Fed Chairman.

Senators and representatives are now on the record as being either for or against transparency at the Fed.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 11:10 AM

NIKI2

Gettin' old, but still a hippie at heart...


Quote:

would really love to see your EEG right now...Probably looks like one of those famous Arizona electrical storms...You must be sitting in a corner , on the floor , just glitching and drooling.
Sad statement on you. Another example of your ilk being unable to converse, and I guess thinking that whatever you write affects me in some way?

No response to whether you thought this article backed up some anti-liberal stance of yours or whether you used it or misunderstood it. Or if you agree with it. Not important, but I'm pretty sure one of the former.


Hippie Operative Nikovich Nikita Nicovna Talibani,
Contracted Agent of Veritas Oilspillus, code name “Nike”,
signing off




NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 12:53 PM

OUT2THEBLACK


Judgmental much ?

Reflexive , reactive attack is your default mode.

Then you wonder why no one wants to play ?

You are right , this place has not ever been the same , at least since you showed up , shining your ass.

http://www.fireflyfans.net/mthread.asp?b=18&t=45646

Sorry , I'm not into wrassling with a pig. Lipstick lesbo or any other kind...

I don't like getting dirty , and you would just get your perverse jollies from it...

Hey , aren't you supposed to be sucking mud and something slippery off some kind of critter about now ,
or was that just another of your cons ?

"The modern definition of 'Independent' is someone who throws rabid Libs & Cons into a pit to watch them kill each other." --'Chrisisall'

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 3:56 PM

FREMDFIRMA



This is why nobody listens to you, O2B - you cannot make your case without being offensive, and as such, no matter how many decent points you make, no one wants to hear it cause you're such a dick.

Hell, even *I* won't talk to you no more, cause of that.

You try bein civil, maybe you'll get somewhere, elsewise you're wasting your breath and getting roundfiled with PNs ever present rantings.

-Frem

I do not serve the Blind God.

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 9, 2010 9:58 PM

OLDENGLANDDRY


bump

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 1:54 AM

MAL4PREZ


Quote:

Originally posted by out2theblack:
Judgmental much ?

Reflexive , reactive attack is your default mode.



Wow. Clueless much O2B? You accuse Niki of being judgmental and reactive? After she put a fair amount of effort into posting on topic, and you replied to her with this:

Quote:

Originally posted by out2theblack:
Yes Niki , you are confused. Same as it ever was , so shall it ever be.

Sorry that you are so brain-blown that your partisan take on everything cripples your grey matter yet further.

I would really love to see your EEG right now...Probably looks like one of those famous Arizona electrical storms...You must be sitting in a corner ,
on the floor , just glitching and drooling.

Have someone bring you a Haldol , and shuffle off back to sleep , now , will ya ?



You obviously don't see this O2B, but you get yourself no where with being so blatantly, obviously wrong. All you do is convince anyone reading these threads that not only are you a dick, but you're a hypocrite.

Niki doesn't deserve this treatment. And if this thread you started dies an early death, you have no one to blame but yourself. Who would want to reply to your post or take you at all seriously, after you've mistreated someone who wanted to do nothing but talk on topic?

(Sorry if this is just more of the back-and-forth you hate, Niki. I got to thinking more about how this kind of stuff is bullying, and I can't help but call him out.)


-----------------------------------------------
hmm-burble-blah, blah-blah-blah, take a left

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:25 AM

KLESST


The goal of the Fed isn't inflation, it's the monetization of the US dept. They are printing dollars and using them to by our own Treasuries. Later when they sell the Treasuries they bought with phony money they will be fooling those buying these Treasuries into paying off the US dept. Unfortunately the most important buyers of treasuries are on to the scam and US tresuries will just drop in value to reflect the monetization. Any private businessman doing something similar would be thrown in jail, but if the plan works it might save the US economy.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:39 AM

DREAMTROVE


Niki,

This is not where we disagree. The difference between the thinking left and the thinking right is the nature of their solutions, not who they choose to blame for the various things that go wrong.

For instance, my opposition to socialism is that I don't accept it as a viable solution based on its track record as a system, and its centralized design which I think assumes leadership to have a moral and mental superiority over the people. I don't blame it for the mess we're in, I blame war, I blame war on the size of the govt, etc. But what I blame is not important. It's what solutions I think would work, or wouldn't. I don't believe the individual consumer would buy war, or bailouts, or the new world order. I suspect that they might buy moronic stuff like a fence in between the US and Mexico, so it's not a solution by itself.

As for Muslims in Europe, I don't have a problem with them being there, but it's fairly obvious to me that they were put there through manipulation. If I were to guess, I would say neocons, since they created both the wars and the changes to European immigration laws necessary to create the situation. If I were to guess at why, I'd say they probably assumed this would create conflict, and they wanted to rally Europe up against the Islamic world. Maybe a world war is in the mix, I don't know. It's a dangerous game someone's playing. Outcomes are far harder to predict than human reactions themselves. I don't think the Islamic Republic of Europe is in the neocon plans, but it could happen. Already I see the war losing support in Europe because muslims vote. The only thing you can truly expect is chaos.



Frem,

Alas, that statement could be made of most posters. I just filter out the attacks.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:42 AM

DREAMTROVE


Klesst

The Fed doesn't want rid of the debt, why would they? They own the debt. It's the weapon they use to manipulate US policy. They want the debt to grow. They can manipulate US policy to make the debt grow. That in itself is inflation

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 5:39 AM

OUT2THEBLACK


Quote:

Originally posted by Fremdfirma:

This is why nobody listens to you, O2B - you cannot make your case without being offensive, and as such, no matter how many decent points you make, no one wants to hear it cause you're such a dick.

Hell, even *I* won't talk to you no more, cause of that.

You try bein civil, maybe you'll get somewhere, elsewise you're wasting your breath and getting roundfiled with Frem's ever present rantings.

-Frem

I do not serve the Blind God.




Yeah , you do...One of you blind dogs is leading the other. You've acquired her stench , and you remain close upon her tail. How sad.

Time and again , one has to wonder if you ever bother reading the threads.

If you had , then you'd know it was Niki's own misperceptions , for which she blames me , causing her off-point rants. Her chronic modus operandi , that. Niki fancies herself some kind of gifted master-debater , it would seem.

At one time , you might've been something of an example , possibly even a leader , hereabouts.

But now , one just wonders if dementia has set its grip fast upon you , and Frem-that-was will not be seen again.

Even a slight sense of fairness would require you to see that giving in kind is the proper due toward the Nik ftard. Stop indulging her victimhood , you perpetual exacerbaters , it just reinforces her negative behaviors.

Now , back to the regularly-scheduled discussion , amongst the intelligent , non-sycophants passing through the forum.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 5:46 AM

OUT2THEBLACK


Quote:

Originally posted by Klesst:
The goal of the Fed isn't inflation, it's the monetization of the US dept. They are printing dollars and using them to by our own Treasuries. Later when they sell the Treasuries they bought with phony money they will be fooling those buying these Treasuries into paying off the US dept. Unfortunately the most important buyers of treasuries are on to the scam and US treasuries will just drop in value to reflect the monetization. Any private businessman doing something similar would be thrown in jail, but if the plan works it might save the US economy.



You and Dreamtrove are seeing both sides of the Federal Reserve Accounting Unit 'Dollar'.

It IS a Fraud , and it really should land the perps in prison.

They've fooled folk into imagining it to be 'money' for nearly 100 years. The scheme has worked so completely that the eventual result may be irreversible.

The inflation induced during this timeframe has extracted nearly all the real value out of the people's medium of exchange.

Every one of the Fed 'notes' created induces more chronic , un-retireable debt.

Quote:

Originally posted by Klesst:
The goal of the Fed isn't inflation, it's the monetization of the US dept. They are printing dollars and using them to by our own Treasuries. Later when they sell the Treasuries they bought with phony money they will be fooling those buying these Treasuries into paying off the US dept. Unfortunately the most important buyers of treasuries are on to the scam and US tresuries will just drop in value to reflect the monetization. Any private businessman doing something similar would be thrown in jail, but if the plan works it might save the US economy.



The goal is both inflation , and monetization.

Both methodologies enable firmer control.

The monetization enables the privatization of wealth , while facilitating the democratization of debt. In other words , the peons are made to pay the debt , and can never get off the treadmill to serfdom , and are kept busy with the wage-slave attention-diversion systems.

Meanwhile , the wealthy get richer by gaming the system. They get to 'make money' on the upside or the down. A 'recession' is just a fire sale for the rich. Take note of how commodity prices are soaring , while a significant portion of potential foodstuffs are being diverted to ethanol production. The wealthiest do not run businesses , or even groups of businesses , they run entire economies...

Adding more energy to that system just enables a bigger , badder system.


NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 11:37 AM

FREMDFIRMA


Sure, like I said before - be a dick, see what it gets ya.

Makin enemies instead of allies results in swinging in the wind no matter how good your intentions are.

-F

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:01 PM

OUT2THEBLACK


Quote:

Originally posted by Fremdfirma:
Sure, like I said before - be a dick, see what it gets ya.

Makin enemies instead of allies results in swinging in the wind no matter how good your intentions are.

-F



Those who know , do. Hey , didn't you just say you weren't gonna talk to me no more ?

Quote:

Originally posted by Fremdfirma:
Hell, even *I* won't talk to you no more, cause of that.



Yep , you did say that...Is your memory that short , due to the dementia ?

This ain't the first time you've gone off half-cocked like that , and meanin' well won't excuse you.




I'm not in the habit of giving advice , because the wise don't need it , and the stupid won't heed it.

Do , or do not. There is no 'try'.

Sure , it's nice to make friends , but among Folk to whom that concept is anathema , there's no point in attempting it...

Haven't Folk noticed that it's always the same gang that want to cry 'foul' , when what they've been serving gets lobbed back at them ?

Niki comes into the thread , makes a long list of assumptions , then chases her tail while going in circles a while , then wants to say it's my fault ?

Funny as that is , what's even funnier is the coprophages coming in and lying facedown in her 'contributions' , while they sport broad grins...

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:12 PM

OUT2THEBLACK


Quote:

Originally posted by Niki2:
In other words, thank you O2B, for posting the valid truth of the matter.



Finally , a little gratitude...

You are welcome. Please don't abuse the privilege.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Sunday, October 10, 2010 2:21 PM

OUT2THEBLACK



NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Friday, October 15, 2010 4:03 PM

OUT2THEBLACK


http://news.yahoo.com/s/ap/20101015/ap_on_bi_ge/us_bernanke

'...Bernanke also indicated that Fed policymakers are trying to craft a plan to lift inflation from super-low levels. He made his remarks in a speech at a Fed conference in Boston.

Bernanke said the Fed must both weigh the risks of a Treasury-buying program and determine how the debt purchases should be paced. The Fed's bond purchases would be intended to lower long-term interest rates to stimulate buying and spending and help lower unemployment.

Those Treasury purchases would inject many more dollars into the financial system. And that poses a longer-term risk: High inflation...'

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 16, 2010 4:05 AM

OUT2THEBLACK


http://www.globalresearch.ca/index.php?context=va&aid=21415

'...Finance has become the new mode of warfare – without the expense of military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy global real estate and natural resources, infrastructure, bonds and corporate stock ownership. Who needs an army when you can obtain monetary wealth and asset appropriation simply by financial means? Victory promises to go to the economy whose banking system can create the most credit, using an army of computer keyboards to appropriate the world’s resources.



The main hurdle confronting this financial Lebensraum drive is that it requires the central banks of targeted economies to accept electronic dollar credit of depreciating international worth in payment for national assets. U.S. officials demonize countries suffering these dollar inflows as aggressive “currency manipulators” for what Treasury Secretary Tim Geithner calls “‘competitive nonappreciation,’ in which countries block their currencies from rising in value.” Oscar Wilde would have struggled to find a more convoluted term for other countries protecting themselves from raiders trying to force up their currencies to make enormous predatory fortunes. “Competitive nonappreciation” sounds like “conspiratorial non-suicide.” These countries simply are trying to protect their currencies from arbitrageurs and speculators flooding their financial markets with dollars, sweeping their currencies up and down to extract billions of dollars from their central banks.



Their central banks are being forced to choose between passively letting these inflows push up their exchange rates – thereby pricing their exports out of foreign markets – or recycling these inflows into U.S. Treasury bills yielding only 1% with declining exchange value. (Longer-term bonds risk a price decline if U.S interest rates should rise.)



The euphemism for flooding economies with credit is “quantitative easing.” The Federal Reserve is pumping a tidal wave of liquidity and reserves into the financial system to reduce interest rates, ostensibly to enable banks to “earn their way” out of negative equity resulting from the bad loans made during the real estate bubble. This liquidity is spilling over to foreign economies, increasing their exchange rates. Joseph Stiglitz recently acknowledged that instead of helping the global recovery, the “flood of liquidity” from the Fed and the European Central Bank is causing “chaos” in foreign exchange markets. “The irony is that the Fed is creating all this liquidity with the hope that it will revive the American economy. ... It’s doing nothing for the American economy, but it’s causing chaos over the rest of the world.” '

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Saturday, October 16, 2010 5:47 AM

OUT2THEBLACK


While the controlled demolition of the economy continues , NYPD conducts 'terror drills' in the financial district of NYC.

http://abcnews.go.com/Blotter/terror-alert-continues-nypd-holds-drill-
prep-mumbai/story?id=11879452


'Police Commissioner Ray Kelly addressed the media before the drill, which began with two large explosions. "This is what we do," he explained. "We think the unthinkable." The drill simulated multiple bombs and shooters, including a bomb under a vehicle, and police responded with helicopters, dogs, automatic weapons and an armored car...'


NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Monday, April 10, 2023 5:05 AM

JAYNEZTOWN

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
Russia Invades Ukraine. Again
Wed, November 27, 2024 17:47 - 7510 posts
What's wrong with conspiracy theories
Wed, November 27, 2024 17:06 - 21 posts
Ellen Page is a Dude Now
Wed, November 27, 2024 17:05 - 238 posts
Bald F*ck MAGICALLY "Fixes" Del Rio Migrant Invasion... By Releasing All Of Them Into The U.S.
Wed, November 27, 2024 17:03 - 41 posts
Why does THUGR shit up the board by bumping his pointless threads?
Wed, November 27, 2024 16:43 - 32 posts
Joe Rogan: Bro, do I have to sue CNN?
Wed, November 27, 2024 16:41 - 7 posts
Trump, convicted of 34 felonies
Wed, November 27, 2024 16:38 - 43 posts
Elections; 2024
Wed, November 27, 2024 16:36 - 4845 posts
Biden will be replaced
Wed, November 27, 2024 15:06 - 13 posts
Hollywood exposes themselves as the phony whores they are
Wed, November 27, 2024 14:38 - 45 posts
NATO
Wed, November 27, 2024 14:24 - 16 posts
In the garden, and RAIN!!! (2)
Wed, November 27, 2024 13:23 - 4773 posts

FFF.NET SOCIAL