|
Post by HighProtein on Nov 5, 2010 21:43:57 GMT -5
*Warning - This is some heavy shit but very important* *I'm only typing this because I give a damn.*
Ok... I know that everyone has busy lives, families, hobbies, etc... and that most don't have time or desire to track trends, changes or to learn the maths/sciences of economics... Fortunately, this is a huge passion of mine that I research avidly.
I will attempt to formulate this a clearly and express this in a way that is as easily digestible as possible. I will be ranting from time to time to express extremeness of this matter.
This week the Federal Reserve en.wikipedia.org/wiki/Federal_Reserve_System (which is a private bank, owned solely by a few banker families, that this government does not own one share of, which has practically no transparency (won't allow a full audit), that this government has wrongfully outsourced the issuance of our currency to, etc etc etc...) has started what they called QE2. QE2 states for quantitative easing. Yeah, this term may sound like something that pepto bismol may do for you, but you'd be wrong.
To Be Continued in Next Post...
|
|
|
Post by HighProtein on Nov 5, 2010 22:00:41 GMT -5
Quantitative easing is the politically correct distortion of the term "debt monetization" en.wikipedia.org/wiki/Monetization#Monetizing_debt .
The action that is going to happen soon is that... The Federal Reserve bank will buy $600 billion(+) in long-term Treasuries over the next eight months.
WHY? Because our government which spends and spends and spends (our money), is running out of other governments that are willing to buy our government's debt instruments (bonds) which are what are used to fund this government's operations.
WHY does this MATTER? Because this $600 billion will easily be over a trillion and probably 2 trillion seeing as there is not full transparency with our government and practically none with the federal reserve.
and WHY does THAT MATTER? Because the fact that this is happening, after our nation was handed the fraud/scam called "the bail out" (which was supposed to solve everything, but didn't solve things, that actually has delayed solving all core problems) shows that they are not seeking to solve problems.
To Be Continued In Next Post...
|
|
|
Post by HighProtein on Nov 5, 2010 22:02:14 GMT -5
Evidence of this jacking things up instead of making way for us to return to future prosperity for the average citizen are a few of these things...
Dollar Value is on its way down vs all other currencies. Just look at the US Dollar index during the last 100 days...
Attachments:
|
|
|
Post by HighProtein on Nov 5, 2010 22:07:30 GMT -5
Inflation... Check out the price of all commodities. Pick your one of choice and it is up.
I'll give you oil as an example...
Attachments:
|
|
|
Post by HighProtein on Nov 5, 2010 22:09:04 GMT -5
Here is gold...
Here is silver...
|
|
|
Post by HighProtein on Nov 5, 2010 22:14:25 GMT -5
Here is the past 6 months of wheat prices...
Attachments:
|
|
|
Post by HighProtein on Nov 5, 2010 22:19:14 GMT -5
I must stop at this point and not going into to many more details. But I'll point of that this debt monetization is horrible for people who have money in savings or get paid in us dollars but has proved tasty to those with US stocks...
Attachments:
|
|
|
Post by HighProtein on Nov 5, 2010 22:25:36 GMT -5
End of the tale is this... Save > Spend Get efficient > Wasteful Spend time with friends/family > Morons and Losers Get prepared for inflation (higher prices) > Wishing for cheap shit Buy Quality > Cheap Shit Invest > Whatever else may be a novelty hobby in life. Get Real > Wishful thinking, praying and or believing things are fine
We're all in this together. It'd be cool if someone gained some added awareness out of this of the 100s of views that this forum gets currently on a daily basis. Frankly, I don't need any validation on this thread or these posts as the evidence is a clear as day and I've been up on this for years, but if you see this get worse and know any details on this then add to this thread.
Be well, be safe and prepare for the least-best!
|
|