Showing posts with label Quantitative Easing. Show all posts
Showing posts with label Quantitative Easing. Show all posts

Sunday, November 28, 2010

The Day The Dollar Died: 7 Minute Video

March 20 2009 Irish News
Red Scare

Karl Marx wrote this in 1867:

'Owners of capital will stimulate the working class to buy more and more expensive goods,houses and technology,pushing them to take more and more expensive credits until their debt becomes unbearable. ' The unpaid debt will lead to bankruptcy of banks which will have to be nationalized,and the state will have to take the road which will eventually lead to communism'

Via Campsie, SWR
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HERE.

Via Richard, SWR

Wednesday, November 10, 2010

Fed Will 'Self Destruct,' Policy 'Deeply Flawed'

The Federal Reserve is “self-destructing” through of its efforts to jump-start the US economy with more monetary easing, Rep. Ron Paul, (R-Texas), told CNBC Monday.

Paul said the Fed’s decision last Wednesday to spend an additional $600 billion in quantitative easing—buying Treasurys to lower interest rates—won't work and will destroy the dollar's value around the world.

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Check out the excellent video interview.

Sunday, November 7, 2010

Entire World Blasts Deranged Madman's Uncheckable Insanity

Yesterday's Ben Bernanke penned an Op-Ed in which he essentially said: "I am doing whatever I interpret my mandate to be, which right now means only thing: Dow 36,000. I am only accountable to the private bank that is the Federal Reserve, a few Wall Street CEOs, and no one else. Congress has no power over me. Try to stop me."

$23.05 For A 24 Oz Loaf Of Wheat Bread?

NIA Projects Future U.S. Food Price Increases
"NIA projects that at the average U.S. grocery store it will soon cost $11.43 for one ear of corn, $23.05 for a 24 oz loaf of wheat bread, $62.21 for a 32 oz package of Domino Granulated Sugar, $24.31 for a 32 fl oz container of soy milk, $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee, $45.71 for a 64 fl oz container of Minute Maid Orange Juice, and $15.50 for a Hershey's Milk Chocolate 1.55 oz candy bar. NIA also projects that by the end of this decade, a plain white men's cotton t-shirt at Wal-Mart will cost $55.57.

NIA's special U.S. food price projection report is now available to download for free by clicking here."

Via Tom