| Infinite Quantative Easing = infinite debasement | |
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| Topic Started: Sep 16 2012, 09:32 PM (904 Views) | |
| VoiceofReason | Sep 16 2012, 09:32 PM Post #1 |
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Infinite quantitative easing (QE3) now initiated; the final chapter of America's financial blowout has begun (NaturalNews) This is it, folks: the final chapter of America's great financial blowout has begun. The Federal Reserve's decision to announce "infinite" quantitative easing has now put us all on the path of infinite money creation. With up to $85 billion in monthly money creation -- including $40 billion a month in purchases of mortgage-backed securities -- the Fed is now wholly committed to the creation of new fake money to cover old fake debts. Mathematically, this financial death spiral can only end in sheer catastrophe. This massive money creation tactic is the Fed's last-ditch plan to desperately try to save the economy. "I think the country should have panicked over what the Fed is saying that we have lost control," said Ron Paul, "and the only thing we have left is massively creating new money out of thin air, which has not worked before, and is not going to work this time." Peter Schiff added, "This is a disastrous monetary policy; it's kamikaze monetary policy." (End Of the American Dream) And he's right. It's suicide. It's also highly offensive to anyone who can actually do math... which, sadly, isn't that many people these days. Steal from the poor to give to the rich Quantitative easing, you see, is essentially the Federal Reserve creating money and then handing it to the richest banks. Meanwhile, all that new money floating around erodes the value of the dollars in the hands of the working taxpayers. So their grocery bills go up. Their fuel costs go up. Their daycare costs increase and their utility bills creep ever skyward. But the rich banksters are simultaneously rolling in FREE Fed cash, and instead of actually lending this money out and doing something useful with it, they crank up their own executive bonuses to make sure they get paid while the rest of the economy crumbles. And why? It's simple: Because people are crooks, and if they get handed $40 billion a month in free money, they're just going to grin and say, "How can we get MORE?" Learn more: http://www.naturalnews.com/037223_quantitative_easing_Federal_Reserve_money_creation.html#ixzz26gc1bBjy |
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| The SOLE Controller | Sep 16 2012, 10:23 PM Post #2 |
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Quantitative Easing, is a facade. Check history, of how many Presidents have pulled the QE card, in order to kickstart an economy. |
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| Zechariah | Sep 16 2012, 10:27 PM Post #3 |
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Zechariah
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I think that it's understood that the life expectancy of america's financial system is coming to an abrupt end. Edited by Zechariah, Sep 17 2012, 01:14 AM.
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| Snidely Whiplash | Sep 17 2012, 12:57 AM Post #4 |
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Well folks, as I've stated often there is no limit to money being produced. It doesn't come from China or the rich or whatever nonsense they want people to believe. They gotta convince the masses of that while the wealthy and powerful take advantage of monetary operations and the ignorance of the masses. |
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| VoiceofReason | Oct 16 2012, 11:22 PM Post #5 |
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So....you're smart, as well as funny. |
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| Snidely Whiplash | Oct 17 2012, 12:21 AM Post #6 |
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Thanks. I'm just hoping to encourage critical thinking. Glad you followed up on this and I see you are paying attention. |
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| VoiceofReason | Oct 21 2012, 03:29 PM Post #7 |
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We can't keep printing money from nothing without it eventually catching up with us. How are you protecting the value of your cash? |
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| The SOLE Controller | Oct 21 2012, 03:58 PM Post #8 |
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TARP! The gift, that certainly keeps on giving. |
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| VoiceofReason | Oct 21 2012, 05:06 PM Post #9 |
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Unfortunately yes, down the negative side of the number line. |
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| Brodanny | Oct 21 2012, 05:34 PM Post #10 |
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I see massive inflation hitting us hard in about 3 years or so. |
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10:32 AM Jul 11