Showing posts with label the FED. Show all posts
Showing posts with label the FED. Show all posts
Monday, January 14, 2013
Thursday, January 10, 2013
''The 9 Step Process Bankers Use to Force Global Slavery Upon Humanity''
From smartknowledgeU via ZeroHedge
''Simon Johnson wrote about how bankers have taken over governments in his excellent article "The Quiet Coup". These two excellent articles, here and here, explain how banks directed state police and government surveillance agencies to crush all dissent and opposition to their criminal activities. The fact that state police and government agencies bowed down to the bankers like subservient servants proves that these countries in which such incidences are taking place have long been far more fascist than democratic. Mussolini or Pinochet could not have asked for better cooperation and greater obedience from state police and government surveillance agencies than the bankers received.''
read more
''Simon Johnson wrote about how bankers have taken over governments in his excellent article "The Quiet Coup". These two excellent articles, here and here, explain how banks directed state police and government surveillance agencies to crush all dissent and opposition to their criminal activities. The fact that state police and government agencies bowed down to the bankers like subservient servants proves that these countries in which such incidences are taking place have long been far more fascist than democratic. Mussolini or Pinochet could not have asked for better cooperation and greater obedience from state police and government surveillance agencies than the bankers received.''
read more
Friday, December 21, 2012
VOLCKER: ''The Triumph of Persistence''
''A Discussion of VOLCKER: The Triumph of Persistence featuring Paul A. Volcker, Former Chairman of the Federal Reserve Board and Professor William L. Silber, Marcus Nadler Professor of Finance and Economics
Moderated by Francesco Guerrera, Editor, Money & Investing, The Wall Street Journal''
October 15, 2012
Tuesday, December 18, 2012
Monday, December 17, 2012
''LBJ and the Destruction of American Currency''
From American Thinker
''Just two months after Kennedy's assassination, in his first economic report to Congress, Johnson recommended that America "expedite the release of silver from the coinage." Johnson discontinued the issuance of silver certificates in 1964, and the process of retiring the outstanding certificates began. As if that were not damaging enough, Johnson followed with his second major monetary reform in 1965, claiming that "the growing shortage of silver" had to be addressed.
On July 23, Johnson signed the Coinage Act of 1965, smashing the founders' Coinage Act of 1792. Whereas our Founders instituted the death penalty for debasing the currency of American citizens, Johnson arrogantly justified his move in the name of potential "coin shortages."
''Just two months after Kennedy's assassination, in his first economic report to Congress, Johnson recommended that America "expedite the release of silver from the coinage." Johnson discontinued the issuance of silver certificates in 1964, and the process of retiring the outstanding certificates began. As if that were not damaging enough, Johnson followed with his second major monetary reform in 1965, claiming that "the growing shortage of silver" had to be addressed.
On July 23, Johnson signed the Coinage Act of 1965, smashing the founders' Coinage Act of 1792. Whereas our Founders instituted the death penalty for debasing the currency of American citizens, Johnson arrogantly justified his move in the name of potential "coin shortages."
Saturday, December 15, 2012
''QE 4: Folks, This Ain't Normal''
From Financial Sense
By Chris Martenson
''The key point here is that the Fed is now actively running both monetary and fiscal policy because it will now be in the business of funding nearly 100% of all the new government deficit spending in 2013. And it is pumping a bit more than $1 trillion of hot, thin-air money into the economy as it does so.''
read more
By Chris Martenson
''The key point here is that the Fed is now actively running both monetary and fiscal policy because it will now be in the business of funding nearly 100% of all the new government deficit spending in 2013. And it is pumping a bit more than $1 trillion of hot, thin-air money into the economy as it does so.''
read more
Thursday, December 13, 2012
''BoE economist Spencer Dale warns on Mark Carney's ideas''
From The Telegraph
''Spencer Dale, the Bank of England’s chief economist, has raised questions about incoming Governor Mark Carney’s radical policy ideas to revive growth – warning that they could jeopardise the central bank’s credibility.''
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Monday, December 10, 2012
ZeroHedge: ''What Fed Exit?''
great comment section on this article....................From ZeroHedge
''Bloomberg's Joshua Zumbrun has released a much overdue, MSM apocryphal, somewhat realistic outlook on the endspiel of Bernanke's central planning: i.e., the unwind of the Fed's balance sheet that from just under $3 trillion will reach $5 trillion by the end of 2014. We say "somewhat" because the conclusion in the article is that there is some hope still for an orderly wind down of the Fed's assets without a complete market collapse. The reality is that there is no such hope.''
read more
''Bloomberg's Joshua Zumbrun has released a much overdue, MSM apocryphal, somewhat realistic outlook on the endspiel of Bernanke's central planning: i.e., the unwind of the Fed's balance sheet that from just under $3 trillion will reach $5 trillion by the end of 2014. We say "somewhat" because the conclusion in the article is that there is some hope still for an orderly wind down of the Fed's assets without a complete market collapse. The reality is that there is no such hope.''
read more
Tuesday, December 4, 2012
''Hyperinflation and the Pernicious Myth of Modern Monetary Theory: Dollar Vigilantes''
From Jesse's Cafe Americain
''Overt monetization only works for a protracted period in a system in which one has political control over everyone who uses that currency. The logical outcome of a global dollar regime with unilateral monetization is an eventual bid for a one world government where a false vision of reality can be enforced with -- force. Force and fraud are the perennial instruments of economic tyranny.
Hence we are in what is called 'the currency war' wherein the US dollar monetarists are attempting to increasingly impose their will on the rest of the world, and a portion of the rest of the world defers to accept that arrangement.''
read more
''Overt monetization only works for a protracted period in a system in which one has political control over everyone who uses that currency. The logical outcome of a global dollar regime with unilateral monetization is an eventual bid for a one world government where a false vision of reality can be enforced with -- force. Force and fraud are the perennial instruments of economic tyranny.
Hence we are in what is called 'the currency war' wherein the US dollar monetarists are attempting to increasingly impose their will on the rest of the world, and a portion of the rest of the world defers to accept that arrangement.''
read more
Monday, December 3, 2012
''Treasury Scarcity to Grow as Fed Buys 90% of New Bonds''
nobody else wants to buy/hold our debt????..............From Bloomberg
''Even as U.S. government debt swells to more than $16 trillion, Treasuries and other dollar fixed- income securities will be in short supply next year as the Federal Reserve soaks up almost all the net new bonds.
The government will reduce net sales by $250 billion from the $1.2 trillion of bills, notes and bonds issued in fiscal 2012 ended Sept. 30, a survey of 18 primary dealers found. At the same time, the Fed, in its efforts to boost growth, will add about $45 billion of Treasuries a month to the $40 billion in mortgage debt it’s purchasing, effectively absorbing about 90 percent of net new dollar-denominated fixed-income assets, according to JPMorgan Chase & Co.''
read more
''Even as U.S. government debt swells to more than $16 trillion, Treasuries and other dollar fixed- income securities will be in short supply next year as the Federal Reserve soaks up almost all the net new bonds.
The government will reduce net sales by $250 billion from the $1.2 trillion of bills, notes and bonds issued in fiscal 2012 ended Sept. 30, a survey of 18 primary dealers found. At the same time, the Fed, in its efforts to boost growth, will add about $45 billion of Treasuries a month to the $40 billion in mortgage debt it’s purchasing, effectively absorbing about 90 percent of net new dollar-denominated fixed-income assets, according to JPMorgan Chase & Co.''
read more
Saturday, December 1, 2012
''The Cashless Society is Almost Here – And With Some Very Sinister Implications''
h/t infocyde................From Global Research
''In the summer of 2012, at the height of the European Central Bank (ECB) ritualistic raping of the Greek economy, financial expert Max Keiser, alongside Mexican billionaire Hugo Salinas Price, traveled to Athens to promote the idea of a silver Drachma as a parallel currency to the ever-failing euro. In theory and in practice, this parallel currency was ‘sound money’ for individual Greeks and would allow them to retain some say in their financial destiny, and also allow them to accumulate real wealth. It should have caught on. But this great idea did not go down well with media moguls and technocratic elites loyal to their overlords in the ECB, Wall Street and the City of London. Still, too many people are remain unaware of how money is created, entered into circulation and how their private central banks control inflation, and Greece is no different.''
read more
''In the summer of 2012, at the height of the European Central Bank (ECB) ritualistic raping of the Greek economy, financial expert Max Keiser, alongside Mexican billionaire Hugo Salinas Price, traveled to Athens to promote the idea of a silver Drachma as a parallel currency to the ever-failing euro. In theory and in practice, this parallel currency was ‘sound money’ for individual Greeks and would allow them to retain some say in their financial destiny, and also allow them to accumulate real wealth. It should have caught on. But this great idea did not go down well with media moguls and technocratic elites loyal to their overlords in the ECB, Wall Street and the City of London. Still, too many people are remain unaware of how money is created, entered into circulation and how their private central banks control inflation, and Greece is no different.''
read more
''Gibson's Paradox - Revisited''
From GoldSeek
By Chris Gilbert Waltzek
''While preparing for this week's Goldseek.com Radio, my attention was drawn to a little known economic theory proposed by a British economist 90 years ago. In 1923 Alfred Herbert Gibson published a paper regarding the negative correlation between interest rates and inflation in Banker's Magazine (White, 2011). John Maynard Keynes later coined the term Gibson’s Paradox in 1930 (Keynes, 1930). Unlike his contemporaries, Keynes embraced Gibson’s finding as one of the most established and profound in the field of economics. I concur Gibson’s Paradox deserves to be recognized as an economic law, not merely a theory.
Subsequent researchers proposed that Gibson's Paradox explains much of the price movement in the gold market (Summers & Barsky, 1988). Research indicates that the gold price and real interest rates are highly negatively correlated - when rates go down, gold goes up. It has been rigorously back-tested and stands the test of time via not only theoretical evidence, but empirical research. In fact, regression analysis reveals a very high f-statistic which adds statistical support to the notion - when real interest rates are below 2%, a bull market in gold is virtually certain.''
read more
By Chris Gilbert Waltzek
''While preparing for this week's Goldseek.com Radio, my attention was drawn to a little known economic theory proposed by a British economist 90 years ago. In 1923 Alfred Herbert Gibson published a paper regarding the negative correlation between interest rates and inflation in Banker's Magazine (White, 2011). John Maynard Keynes later coined the term Gibson’s Paradox in 1930 (Keynes, 1930). Unlike his contemporaries, Keynes embraced Gibson’s finding as one of the most established and profound in the field of economics. I concur Gibson’s Paradox deserves to be recognized as an economic law, not merely a theory.
Subsequent researchers proposed that Gibson's Paradox explains much of the price movement in the gold market (Summers & Barsky, 1988). Research indicates that the gold price and real interest rates are highly negatively correlated - when rates go down, gold goes up. It has been rigorously back-tested and stands the test of time via not only theoretical evidence, but empirical research. In fact, regression analysis reveals a very high f-statistic which adds statistical support to the notion - when real interest rates are below 2%, a bull market in gold is virtually certain.''
read more
Thursday, November 29, 2012
''The International Banking Cartel''
''Bank of Japan Posts Whopping ¥233 Billion Loss As Its Soaring Balance Sheet Hits Record ¥156 Trillion''
From ZeroHedge
.................''the Bank of Japan, just reported that in the quarter ended September 30, the Japanese central bank reported an operating loss of ¥183.4 billion, and a net loss of ¥232.9 billion. As a comparison, the loss in the same period in 2011 was "only" 91 billion. This is a harbinger of the total collapse that is the utterly meaningless capital tranche of all central banks will go through before the terminal phase of the global Keynesian experiment is finally completed.''
read more
.................''the Bank of Japan, just reported that in the quarter ended September 30, the Japanese central bank reported an operating loss of ¥183.4 billion, and a net loss of ¥232.9 billion. As a comparison, the loss in the same period in 2011 was "only" 91 billion. This is a harbinger of the total collapse that is the utterly meaningless capital tranche of all central banks will go through before the terminal phase of the global Keynesian experiment is finally completed.''
read more
Tuesday, November 27, 2012
''China dismisses Brazil currency proposal at WTO, criticizes QE''
From Reuters
''China blamed quantitative easing for damaging emerging economies and rejected Brazil's proposal of using world trade rules to compensate for currency misalignments, during a debate at the WTO on Monday.
"We, together with many other countries, have been critics of this irresponsible and beggar-thy-neighbour policy," China's deputy permanent representative to the World Trade Organization, Zhu Hong, said, referring to the monetary stimulus policy often shortened to QE.''
read more
''China blamed quantitative easing for damaging emerging economies and rejected Brazil's proposal of using world trade rules to compensate for currency misalignments, during a debate at the WTO on Monday.
"We, together with many other countries, have been critics of this irresponsible and beggar-thy-neighbour policy," China's deputy permanent representative to the World Trade Organization, Zhu Hong, said, referring to the monetary stimulus policy often shortened to QE.''
read more
Gary North: ''Gold-Bugs And Anti-Gold-Bugs''
From ZeroHedge
''There is one overwhelming reason why the mainstream media ridicule gold as an investment and also gold as a monetary standard. To buy gold is to vote against the Federal Reserve System.
These days, we read that "gold is too high, so don't buy it." Did even one of these supposed investment experts on gold publicly tell people to buy gold when it was under $300? Of course not. Bill Bonner of Agora Publishing did in 2000. I did in October of 2001, immediately after 9-11.''
read more
''There is one overwhelming reason why the mainstream media ridicule gold as an investment and also gold as a monetary standard. To buy gold is to vote against the Federal Reserve System.
These days, we read that "gold is too high, so don't buy it." Did even one of these supposed investment experts on gold publicly tell people to buy gold when it was under $300? Of course not. Bill Bonner of Agora Publishing did in 2000. I did in October of 2001, immediately after 9-11.''
read more
Monday, November 26, 2012
''Marc Faber Explains Unintended Consequences Of Money Printing & Favors Gold''
From GoldSilverWorlds
''Marc Faber is one of the very successful investors on earth. He recently explained his view on the monetary policies of the developed regions in the world. Obviously he is no fan of the Keynesian way of thinking which is applied by the central banks in the developed regions.''
read more
''Marc Faber is one of the very successful investors on earth. He recently explained his view on the monetary policies of the developed regions in the world. Obviously he is no fan of the Keynesian way of thinking which is applied by the central banks in the developed regions.''
read more
Friday, November 16, 2012
''Why Bankers Rule the World''
From Global Research
By Ellen Brown
''In the 2012 edition of Occupy Money released this month, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our gross domestic product.
That helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get progressively richer at the expense of the poor, not just because of “Wall Street greed” but because of the inexorable mathematics of our private banking system.''
read more
By Ellen Brown
''In the 2012 edition of Occupy Money released this month, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our gross domestic product.
That helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get progressively richer at the expense of the poor, not just because of “Wall Street greed” but because of the inexorable mathematics of our private banking system.''
read more
''A (Federal Reserve) bank run: German style''
From Gold Money
By Gabriel M Mueller
''Call it wishful thinking, but a small part of me thinks that the real reason why German officials are starting to ask tough questions about their gold reserves is because it is losing confidence in our monetary system. (And could you blame them? The Europe Union has a majority of countries in deep economic and political decline, and the United States government only knows how to borrow and spend trillions of dollars a year. It’s only a matter of time before everything falls apart.)''
read more
By Gabriel M Mueller
''Call it wishful thinking, but a small part of me thinks that the real reason why German officials are starting to ask tough questions about their gold reserves is because it is losing confidence in our monetary system. (And could you blame them? The Europe Union has a majority of countries in deep economic and political decline, and the United States government only knows how to borrow and spend trillions of dollars a year. It’s only a matter of time before everything falls apart.)''
read more
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