Economics 1.01: "The more dollars there are in circulation, the less they're worth."
It can't be much fun working for the Federal Reserve as a printer these days. For one thing, you get close to zero time off and are practically chained to the galloping machinery, and for another, you have to endure the acrid smoke billowing from the red-hot presses as they race to churn out hundreds of billions of additional dollars to prop up Amerika's crumbling financial system.
Periodic recessions are unavoidable in capitalist economies. They are GUARANTEED to occur from time to time, so it's totally bizarre that the government is taking such crazy, crazy risks with future inflation in order to try to stave off what is after all, only natural and inevitable. To have slashed interest rates AND pumped ENORMOUS sums into the system at precisely the same time as food/commodity prices around the world are heading skywards is, on the face of it, utter madness. Talk about pouring gasoline on the fire!
But we have to remember that these people may know something we don't, in addition to NOT having our interests at heart. Standing back a few paces and looking at the whole dreadful picture, it's hard not to see it as blatant, economic sabotage. Every time another dollar goes into circulation, each of us becomes a tiny bit poorer; inflation is stoked, and we become cheaper and cheaper for foreigners to buy out. Factor in the sheer scale of the current rampant reflationary measures and the parallels to a certain southern African country become striking.
During the Second World War, the Nazis contrived a plan to counterfeit Bank of England notes in huge volumes and drop millions of them on the country from the air. These were without doubt, the best forgeries ever seen up until that time and had the plan succeeded, it would have brought the British economy to its knees. This plan was of course, outright, deliberate, economic sabotage - - a novel and ingenious weapon in a wider war - yet incredibly, it is exactly what the US government is doing to its own country today.
'Zimbabwefication' is the term I have come up with that best describes what is currently going on. The sums involved in this bail-out are vast indeed and WILL have inflationary consequences. Maybe we won't see the 100,000% per annum inflation that Zimbabwe now has, but nevertheless, you and I will continue to pay more and more for less and less; our standard of living will continue to collapse as Amerika's decaying economy goes through its terminal convulsions. But take heart, gentile reader, for the money to fight Israel's wars and prop that 'country' up will continue to be found from somewhere. Even if we're starving in the streets, we can still count on our government to deliver on its commitment to the Jews.
Subscribe to:
Post Comments (Atom)
8 comments:
An oldie, but a goodie:
Voltaire (1694-1778) “Paper money eventually returns to its intrinsic value ---- zero.”
"Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose."
Ah hell, look at all of the famous quotes on how were getting screwed:
http://www.fame.org/NotableQuotes.asp
But the Israeli economy is doing fine and by god, that's what matters.
No sacrifice is too small or big for our bestest buddy in the ME, Israel.
NO matter how many "false-flag" attacks they pull on "Uncle Sugar", we'll still stand by our little buddies.
And after our economy crashes--but Congress will still find money for Israel--after it crashes and people are living on the streets, having lost their homes due to the financial chicanery of the Rothschilds and Warburgs of the Federal Reserve, well, those homeless ones of fighting age can find a new home, in either the US Army or Marines, where they'll die a glorious death, fighting a never ending series of wars for Israel.
Welcome to the United States of Israel.
How much longer must we be expected to tolerate this madness? What do the Jews constitute - about 2% of the world's population? Yet EVERYTHING is don't for THEIR exclusive benefit. Enough already.
Alan Greenspan elaborates:
Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.... As the supply of money (of claims) increases relative to the supply of tangible assets in the economy, prices must eventually rise. Thus the earnings saved by the productive members of the society lose value in terms of goods. When the economy's books are finally balanced, one finds that loss in value represents the goods purchased by the government for welfare or other purposes with the money proceeds of the government bonds financed by bank credit expansion.
- Alan Greenspan, Gold and Economic Freedom, The Objectivist, July 1966 (10)
From idealist to NWO Ho'
"Every time another dollar goes into circulation, each of us becomes a tiny bit poorer; inflation is stoked, and we become cheaper and cheaper for foreigners to buy out."
Right on Phaedrus! Inflation is the mother of all hidden taxes, the most insidious, and we are being spoonfed lies by the usual cast of characters.
And it started out with "infusions" last year of 20 billion here, 20 billion there. Now we have brazen, exponential "infusions" of 400 billion at a time by our federal beast/Zionist masters.
What a f**king tragedy for the American cash-cow middle-class whom are tapped out, and struggling to keep their heads above water. The Jewish financial pirates who benefitted royally from the subprime debacle are NOW conspiring to piggyback those unfathomable losses (precisely as they did the Mexican bailout and the Savings & Loan fiasco as they laughed all the way to their Grand Cayman/Litchenstein wire transfers) onto the beleagured American taxpayers.
Atlas has FINALLY shrugged under the weight of unsustainable debt and the massive welfare state. Two things are distinct givens: at some point our govt. is going to default on its dizzying obligations, and the disasterous post World War II hyperinflation like Germany experienced is unfurling and just revving up. The middle-class is finished.
We can only hope the American people WILL finally awaken from their centuries-long coma and IDENTIFY the slimy organisms who engineered this planned failure of a mighty nation and unprecedented fleecing.
Voir Dire
This incredible story was just posted on Rense. We can only hope that such a possibility is fomenting. We are, the only Western/White country in the world whose brilliant founding fathers provided the provision (Article V) in our Constitution for overthrowing our stinking, rotten treasonous plutocracy beholden to the racial supremacist Zionists. Let the revolution UNFURL...!
"Confidential Doc Warns Of
Conflict Or Revolution For US
Wayne Madsen Report
WMR has learned from knowledgeable sources within the US financial community that an alarming confidential and limited distribution document is circulating among senior members of Congress and their senior staff members that is warning of a bleak future for the United States if it does not quickly get its financial house in order. House Speaker Nancy Pelosi is among those who have reportedly read the document.
The document is being called the "C & R" document because it reportedly states that if the United States defaults on loans and debt underwriting from China, Japan, and Russia, all of which are propping up the United States government financially, and the United States unilaterally cancels the debts, America can expect a war that will have disastrous results for the United States and the world. "Conflict" is the "C word" in the document.
The other scenario is that the federal government will be forced to drastically raise taxes in order to pay off debts to foreign countries to the point that the American people will react with a popular revolution against the government. "Revolution" is the document's "R word."
The origin of the document is not known, however, its alarming content matches up with previous warnings from former Comptroller General David Walker who abruptly resigned as head of the Government Accountability Office (GAO) in February of this year after repeatedly publicly warning of a "financial meltdown" disaster if America's $9 trillion debt was not addressed quickly. Financial experts have warned that the national debt, corrected for inflation, could reach $46 trillion in the next 20 years. A month earlier, Walker warned the Senate Banking Committee about the reaction of creditor nations in Asia and Europe if the U.S. did not address its debt problem."
http://www.rense.com/general81/conflict.htm
Voir Dire
Post a Comment