quantitative easing explained

[tumoessence]

[idquest]

That was really good.

 

Too much focus on Bernanke though. There are other distinguished personalities in addition to him, who help this bizzare suicidal nightmare continue.

[Taomeow]

That was really good.

 

Too much focus on Bernanke though. There are other distinguished personalities in addition to him, who help this bizzare suicidal nightmare continue.

It's not suicidal, it's homicidal.

[Apech]

Depressingly accurate summary of desperate economic policy. I think the bankers think they are in a casino and not the real world.

[Ryan T.]

Depressingly accurate summary of desperate economic policy. I think the bankers think they are in a casino and not the real world.

 

But that seems to me where people have it wrong. The real world IS this made up world of economics. Capitalism, post-Feudalism, has been and will continue to be one big shell game/ponzi scheme. It is only when we are now coming so close to the brink of collapse that the veneer of this illusion starts to thin.

 

Quantitative easing is just more fiat currency. Fiat currency has no intrinsic value. All of our money has no intrinsic value.

 

The fact of the matter is that since these systems have been put into place there has never been such a real systemic threat.

 

Think of the U.S. economy over the past 25 years as an economic bubble that is now starting to deflate. Everything the Fed and the U.S. government have been doing the last couple of years is an attempt to stop the bursting of the bubble. Of course with mininal results.

 

I'm just waiting and wondering what the coup de grace will be.

[idquest]

Depressingly accurate summary of desperate economic policy. I think the bankers think they are in a casino and not the real world.

You almost accurately cited one of the major bankers, the owner of one of the systemic banks. When asked in an interview how he has fun like going to theatres or casinos he replied that he doesn't have to go to casinos as he has it five days every week on the job.

[Listener]

At this casino, if you're part of the right group, you can't lose. Even if you do you'll get a refund. If you're not part of the right group, you lose no matter what.

[manitou]

Is it just me, or does it appear that we're headed for one world economy?

[joeblast]

if george soros has his way, we sure will - exacerbating financial crises has been his hobby for decades, and his recent quote of "culminating his life's work" puts the US economy squarely in the same crosshairs as the bank of england in the early 90s.

 

he's going to make stinking amounts of money any way the pie's sliced, hopefully it doesnt all get sliced as part of global Statism

[Apech]

Is it just me, or does it appear that we're headed for one world economy?

 

They definitely want global economic regulation - they said so after the credit crunch in 2008 - that is the sub-text of all that is going on with the G20, the Eurozone, the Dollar and the emerging countries.