Hoodwinked For 221 Years...

The stock markets are not legitimate components of a functional economy...the markets are just greater fool games that have over time been sold to you all as legitimate components of a functional economy...

They are not...They were just scams..from day one...All the so called stock markets in the world are just scams.

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time, a legal system that authorizes it and a moral code that glorifies it."--Frederic Bastiat

Really you all are so far gone it's amazing.

You are all asleep dreaming you are awake.

Income trusts is where most people were wiped out in the 29 crash...

They changed the name of them to Mutual Funds and got you all to throw your life savings away...again.




[Sorry, couldn't help myself! CLRH]


The market has zero money in it...as soon as you buy the seller gets your money and can basically blow it how they see fit.

That's why they want you all to keep sending them money...

They will keep sending you pieces of paper telling you how rich you are...

The markets are fractionally reserved...as long as there is not a run...the scam is not revealed...and any money you put in the markets is basically sucked right out again.

From 1950 to 2000 the money supply of the USA increased from 425 Billion to 27.1 Trillion dollars or roughly a 6300% increase

The DOW went from 199 to 10,000 or roughly a 5000% increase

From 2000 to now the money supply went from 27.1 Trillion to 51 Trillion or an increase of roughly 88%

The Dow went from 10,000 to 10,000 an increase of 0%

A whole lot of people have sent money to Wall street...Trillions has been extracted the past 8 years.

Since markets have been caving in from their highs...20 Trillion of equity globally has just vanished.

And as long as all the sheep don't sell...the scam will not be exposed...but if everyone made a run on Wall Street and demanded their money back...The markets would implode to zero in nanoseconds.

The stock markets are scams...right in front of your eyes...and the vast majority have been brainwashed into thinking they are legitimate components of a properly functioning economy...

They are just greater fool games.

Call the SEC...The owners of the stock markets/greater fool games created the SEC...to protect them...

Consumers are maxed out so if the Fed were to buy unsecured loans all it would do is buy some time since consumers can't service debt now regardless...

The banks will have no way to take this wholesale debt and sell it to consumers retail. It's like giving someone product without payment and then they sell it to obtain the payment but if they can't sell it...then game over...

The Treasury borrows money from the US money supply so ultimately what the Treasury or US government is doing is saying:

'Well you all don't want to request commercial banks to make more new money...we will do that for you then.'

But all that will do is keep the banks from imploding...It's not going to do anything to address the maxed out consumer/collapsing economy problem.

Consumers request commercial banks to manufacture money...period end of story.

They use their current income to back their requests for commercial banks to advance them their future income to the present.

There has been zero money creation outside of the commercial banking system since the Greenbacks of the civil war.

The FED does not set rates...and its ability to engineer short term rates is very limited...

You also need consumers that are willing and able to request the commercial banks to manufacture debt...and if they are maxed out...game over regardless of rates.

All that the FED is currently doing is lending banks credit using their current assets as collateral to keep them from imploding due to the lack of consumers requesting them to manufacture more new money.

The money supply is not showing any signs of growing. Because all the money in circulation has been requested by consumers to be manufactured by commercial banks...

The workers at the bottom slave to power the FEDERAL RESERVE the US Government and Treasury...

NOT THE OTHER WAY AROUND...

Sorry...

All that has happened up to this point is monetization of assets...Using the existing money supply of 51,000 Billion dollars or 51 Trillion dollars that US consumers have requested the commercial banking system to manufacture to past 64 years.

I see no evidence of any growth of the money supply.

The US consumer reached maximum potential in 2006 and the US real estate sector...the largest engine of inflation on Earth...began collapsing...around that same time revolving credit or credit card use accelerated...but by late 2007 Consumer requests for commercial banks to manufacture money began to rapidly collapse...by 42% by q2 2008...the largest drop in the daily growth rate of the money supply in 64 years.

Year to date the US economy is short 1.4 trillion dollars...and in 1944 at Bretton Woods the US Dollar was set up as the global medium of exchange and by default the US consumer became the demand...while the rest of the world became the supply for the US consumer and the demand of US dollars

The USA became the supply of inflation and the rest of the world became the demand..

That's why the whole global system is deflating currently.

The largest engine of inflation on Earth...the US real estate sector...due to the US consumer maxing out has collapsed...

Causing the supply of inflation that has been inflating the world for the past 64 years to slow down massively.

The whole global system will shatter and go feral.

It's not the FED...all the central banks in the system are a global branch network with the Bank of England in the City of London as main branch. Everyone has an easy money policy to sustain US consumer consumption or the USA implodes sucking the rest of the world with it...

All that is happening currently is that after 64 years the US Consumer has maxed out and can no longer sustain the inflation of the world...so game over.

The Russians and Arabs are in no position to take over as the supply of inflation the rest of the world is demanding.

No one can any more.

It's always been debt based. All that happened in 1971 was the world ran out of Gold to sustain global trade was all...

There was two choices...The USA stop trading and then implode to oblivion sucking the rest of the world down with them to oblivion or get rid of the gold requirement and postpone the implosion.

At the end of the 1933-1945 bankruptcy reorganization...Bretton Woods did nothing to address the actual cause of the 1929-1933 collapse of the global trade system.

Saving you say?...What if I constantly saved up 10,000 silver pieces a year and then lent them out for a year at 10%? for 75 years.

I would have 100 million silver pieces...Now imagine 10 people did that...and the money supply is 1 billion silver pieces.

In 75 years 10 people would own the entire money supply of a billion silver pieces and the only way the the rest of the population could obtain money is by renting it.

Really the 10 would lend out 1 Billion silver pieces and demand back 1.1 Billion silver pieces in a year...where's the other 100 million silver pieces going to come from? and then the next year...is more and more and more...

Well the owners of the money then start fractionally reseving it...issuing IOU's...that the 10 all agree upon to accept.

Eventually the total money supply shrinks more and more in relation to the IOU's in circulation.

That's what happens when you attach interest or rent to money...

The top did that many centuries ago...

The USA does coin money...The dollar coin, the quarter, the nickel, the dime, the penny...

A group calling itself "we the people" gave Congress the power to

"coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"

Just like the Constitution dictates...

The FEDERAL RESERVE does not coin money...or issue money...It issues credit.

There is nothing in the Constitution dealing with the commercial banking system's right to issue credit...

hint...The above group calling itself "We the people"...Were mostly rich and all were dependant upon the the compounding interest commercial banking credit system to finance their desires.

Just like all the rich people today.

Hoodwinked for 221 years.

Pegging currency will do nothing...Interest attached to the medium of exchange is the cause of the inevitable train wreck.

The world will cave in regardless of what is done and if the new system allows interest...All it will do is inflate to maximum potential and implode again.

Really this is how the top has been operating for 1000's of years...it's part of the normal opeartion of the system.

The system reaches maximum potential...and implodes...the top then hires the survivors to build the next one.

You are all just labor that the top either has a use for or they don't...period end of story...you get it yet?

All money is fiat...

Or by decree...The top says...this is money or else...period end of story.

Gold and silver are money until the supply/production is utilized to its maximum potential and then the top or owners of the money alter the construction of what they own...and since the top controls all the food production and distribution networks...You either use what the top says is money to buy food or starve.

It's the Supply of money and the Demand for gold...

The reason why the price dropped is because the rate of growth of the money supply caved.

Due to the US consumer maxing out in 2006 and becoming increasingly unwilling or unable to request commercial banks to manufacture the required amount of new money to sustain the existence of the previously requested money...

The daily growth rate of the money supply has dropped by 42% since late 2007...the greatest slowdown in 62 years.

Without inflation...the goldbugs are DOA...simple

You need constant inflation to sustain a price...There is not going to be...All I see is a doomsday spike up to maximum potential which the top will short to oblivion once the last mindless moron is in...

There is a 200 Trillion dollar equivalent money supply...with the US dollar making up a quarter of it.

So there is plenty of fuel available to power a a mindless moron blast up...but no way to sustain any mindless moron driven spikes for long.

Could have saved time by saying...I thought there was a magic printing press...It should have turned on to save my ass by now...something sinister is going on...

Ya there is no magic printing press...It was Ben telling the drones during a time when they were scared of deflation back in 2002 to not worry...the FED and Government have a secret weapon that can kill GOD...

But now it's been revealed that they don't...

Politicians?

Yes...the top hires them to hang from lamp posts...

The top maintains their position by giving the bottom what they want...If the US Government needs to be fed into a wood chipper to give you all what you want...

That's what the top will give you.

I don't think...I know...

I don't tell people what I think...I only tell people what I know...There is no way you will ever be free from ignorance by choosing to worship the Just think positive ignore the negitive religion.

That's why the freedom you believe in will never be obtained...It is a cherished delusion...Which is a lie you tell yourself and fall in love with.

What I point out is a threat to your cherished delusion and your post is a pathetic attempt to fight the threat.

You will not win because Truth is infinite and indestructible...

You can of course point out all the lies I'm telling...Because I'm not a web bot...

False information is a lie.

Whether I know I'm misleading you or not the consequences are the same...

A Lie is a lie.

The only way a just think positive ignore the negative drone can ignore the negative...Is by lying to themselves.

Really...You have the freedom to construct lies all you want...Unfortunately I have sad news for you...

You have zero freedom to escape from the consquences of all the lies you choose to manufacture.

No escape, No hope...sorry.

Really...

It's generally why in real life most stay away from me...because I end the games they attempt to play with me before they even start.

Sorry...the end...

Of course you have the freedom to cry like a baby all you desire.

Maybe if you stopped ignoring the negative you would see what the consequences of your actions are and could avoid smashing into brick walls and crying.

Sorry...hope is a total fabrication...a delusion.

Oh I sure Hope someone or something more powerful than me will shatter my cherished delusions and set me free.

Of course hope being one of the cherished delusions.

Not going to happen...You will fight to the death defending that which you cherish...

You are all going to go insane soon...

"Disintegration of Global Finance Within Days" Updated

"Germany takes hot seat as Europe falls into the abyss
We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.
by Ambrose Evans-Pritchard
Last Updated: 11:05AM BST 06 Oct 2008

Star-crossed bankers: The European Central Bank played a shockingly destructive role
Investors will learn today whether the Paulson bail-out - fattened to $850bn (£480bn) by Congress - can begin to halt the death spiral in the credit system. So far, the response looks terrible.

Germany is now in the hot seat. The collapse of a rescue deal for Hypo Real Estate on Saturday threatens a €400bn (£311bn) bankruptcy that nearly matches the Lehman Brothers debacle for sheer scale.

Chancellor Angela Merkel has been forced to pull her head out of the sand, guaranteeing all German savings, a day after she rebuked Ireland for doing much the same thing. Reality intrudes.

During the past week, we have tipped over the edge, into the middle of the abyss. Systemic collapse is in full train. The Netherlands has just rushed through a second, more sweeping nationalisation of Fortis. Ireland and Greece have had to rescue all their banks. Iceland is facing an Argentine denouement.

The US commercial paper market is closed. It shrank $95bn last week, and has lost $208bn in three weeks. The interbank lending market has seized up. There are almost no bids. It is a ghost market. Healthy companies cannot roll over debt. Some will have to sack staff today to stave off default.

As the unflappable Warren Buffett puts it, the credit freeze is "sucking blood" out of the economy. "In my adult lifetime, I don't think I've ever seen people as fearful," he said.

We are fast approaching the point of no return. The only way out of this calamitous descent is "shock and awe" on a global scale, and even that may not be enough.

Drastic rate cuts would be a good start. Central bankers still paralysed by a misplaced fear of inflation – whether in Europe, Britain, or the US – have become a public menace and should be held to severe account by our democracies. The imminent and massive danger is now self-feeding debt deflation.

The lesson of the 1930s is that any country trying to reflate in isolation will be punished. The crisis will ricochet from one economy to another until every one is crippled. We are seeing it play again in this drama as our leaders fail to rise above their narrow, parochial agendas.

The European Central Bank – which raised rates into the teeth of the crisis in July – has played a shockingly destructive role in this enveloping slump. Its growth predictions this year have been, and still are, delusional. Neglecting its global role, it has vastly complicated the fire-fighting efforts of Washington.

It could have offered "cover" to the US Federal Reserve this spring when Ben Bernanke was forced by events to slash rates to 2pc. It could at least have signalled an end to monetary tightening. That is how an ally ought to behave.

Instead, it stuck maniacally to its Gothic script, with equally unhappy consequences for both sides of the Atlantic, as well as for China, Japan, and India. The euro rocketed yet further, which it turn set off an oil shock as crude metamorphosed into an anti-dollar with leverage.

The ECB policy was self-defeating, even on its own terms. It merely drove headline inflation even higher, while deeper forces of underlying debt deflation pulled the real economies of Germany, Italy, France, and Spain into a recessionary vortex.

Far from offering reassurance, the weekend mini-summit of EU leaders served only to highlight that nobody is in charge of this runaway train. There is still no lender of last resort in euroland. The £12bn stimulus package is risible.

Angela Merkel has revealed her deep limitations. It was she who vetoed French efforts to launch a pan-EU rescue package, suspecting that any lifeboat fund would prove to be Trojan Horse – a way of co-opting German taxpayers into colossal transfers of wealth to Latin Europe.

In that she is right, but it is too late now for dysfunctional EU political games. By demanding that those who caused the damage should pay for it, she crossed the line into caricature, or worse.

Her comments echo word for word the "we're alright Jack" attitudes of Euro-pols during the first US banking crises in 1930-1931, until the storm hit Europe and the entire cast was swept away by furious electorates, or simply shot. Thankfully, this EU stupidity is at last drawing serious criticism.

"We have to make sure Europe takes its responsibilities, like the US: action must be taken quickly and in a concerted manner," said IMF chief Dominique Strauss-Kahn.
As for the US itself, it has not yet exhausted its policy arsenal. It can escalate further up the nuclear ladder. The Fed can cut interest rates from 2pc to zero. If that fails, it can let rip with the mass purchase of US debt.

"The US government has a technology, called a printing press," said Fed chief Ben Bernanke in November 2002. (His helicopter speech).

In extremis, the Treasury/Fed can swoop into any market to shore up asset prices. They can buy Florida property. They can even buy SUV guzzlers from the car lots in Detroit, and mangle them in scrap yards. As Bernanke put it, the Fed can "expand the menu of assets that it buys."

There is a devilish catch to this ploy, of course. It assumes that foreign creditors will tolerate such action.

Japan entered its Lost Decade as the world's top creditor, with a vast pool of household savings to cushion the slump. America starts its purge with net external liabilities of $3 trillion, and a savings rate near zero. Foreigners own over half the US Treasury debt, and two thirds of all Fannie, Freddie, and other US agency bonds.

But the risk of a dollar collapse is one for the distant future. Right now the world faces the opposite problem. There is a wild scramble for dollars as a $10 trillion pyramid of global lending based on dollar balance sheets "delevers" with a vengeance.

This is a "short squeeze" on those who have used the dollar for a vast global carry trade. International banks are facing margin calls on their dollar leverage. It is why the Fed is having to provide $1.25 trillion in dollar liquidity for the entire global system, according to estimates by Brad Setser from the Center for Geoeconomic Studies.

The crisis engulfing Europe, Asia and emerging markets, makes life easier for Washington. The United States is becoming a safe-haven again.

The Fed can now hope to pursue monetary stimulus "a l'outrance" without being slapped down by the currency, debt, and commodity markets. Take comfort where you can."

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3141428/Germany-takes-hot-seat-as-Europe-falls-into-the-abyss.html


The global economic structure that is imploding is the 1944 Bretton Woods Global trade system.

In 1944 the US Dollar was made the global trade medium of exchange and by default the US consumer bacame the demand of the world...

Everyone else was the supply...The rest of the world wanted to rebuild at the end of the 1933-1945 Bankruptcy reorganization of the global system that collapsed 1929-1933...

Well if you needed something from the global market...then you needed US dollars to buy stuff from the global market....according to Bretton Woods.

Well then what is the source of US Dollars?

US consumers...If you need US Dollars ultimately you need to give something to US Consumers to consume...

So in the beginning there was a massive influx of cheap imports of raw materials into the USA to obtain US dollars so that the rest of the world could "inflate" out of the rubble...

And they did...by the late 1950's the rest of the world was mostly rebuilt and the flow of cheap raw materials began getting bid up in price due to increased global demand.

The cheap raw materials were becoming more expensive...But everyone in the world was dependant upon US consumer debt inflation exports to sustain their economies...

The US dollar was the global trade medium of exchange...but it was also fixed to gold at 35 Dollars an ounce...and all the rest of the currencies of the world were fixed to the US dollar.

How the plan was to work...Was any US Dollar reserves held in foreign Central banks could be exchanged at the FEDERAL RESERVE for Gold to balance trade.

But to balance trade the USA would have to cut imports into the USA to stop hemorrhaging Gold...or run out of Gold and stop trade anyways...and if the USA stopped consuming...it would collapse and the rest of the world that had become dependant upon US exports of inflation would collapse without US consumer debt inflation...the problem kept getting worse all during the 1960's...the gold kept flying out of the USA...In 1971 the rules were changed to stop the hemorrhage and to prevent (postpone) the implosion.

Now the US dollar would float against gold and all the currencies of the world would float against the US Dollar and all the dollar reserves could be exchanged for US Treasuries...

If that change was not made...the USA along with the rest of the world would have imploded to oblivion back in the 1970's

Zeigeist is a sales pitch...A just think positive ignore the negative delusion.

The vast majority of you would need to be eliminated from the equation...That is not mentioned.

The entrance would be the Ministry of Truth and Understanding...the exit would be a burning pit of diesel for most that were foolish enough to enter.

Plus, the guy is an idiot...the problem is that US consumers after 64 years have maxed out...They are no longer willing or able to request the commercial banking system to manufacture the required amount of new money to sustain the continued existence of the previously requested money.

That's the actual problem...All the rest are effects from that problem.

He says to drop all the rates in the world...

Consumers request commercial banks to manufacture money...when they do an the bank agrees...the bank creates an asset and a liability and attaches interest to it.

As the consumer pays it...the principle causes the liability and asset to shrink...the bank keeps the interest as profit.

Interest rates are driven by consumer demand...to sustain rates you need volume...

Dropping rates will do nothing if banks currently can't obtain a profit from current yields.

It's like an all you can eat buffet...you keep lowing the price and make massive profits as the volume increases but once everyone is full the volume collapses...You can offer to pay people to consume the food and they will decline.

The US consumer basically maxed out almost 2 years ago and is just now finally collapsing from the strain...(the just think positive ignore the negative religion is crumbling because the negative has become impossible to ignore any longer)

There is no action listed in the article that comes close to actually addressing the actual problem or the cause.

To Find Your Greatest Enemy...Look In The Mirror

The cause of this crisis is the attachment of interest to the medium of exchange or yield. Everything else is an effect...

Everything has been done in a desperate search to obtain more yield...

Commercial banks lend money they don't have to people that want money they don't have.

Save it up...can't wait?

Well then a commercial bank will advance you your future income to spend in the present.

Lets say $200,000...by creating an asset of $200,000 and a liability of $200,000

Which increases the money supply of the USA by $200,000 until you make your first payment of principle and interest...the asset and liability shrink by the amount of principle...the money returns into thin air/the money supply shrinks by that amount...and the bank keeps the interest...

That's why mortages are so important to the system...Because they allow the money supply to expand and stay expanded for a long term.

As defaults rise from exhausted consumers no longer willing or able to service previously manufactured debt...the banks are forced to keep cranking up yields to make up the difference...Eventually to maximum potential according to the rules in the Terms and Conditions of the credit cards.

The companies just reclass the cardholders into universal default and crank yields up.

At some point they will have to stop all credit cards since people will just be maxing them out as the whole thing caves in with no possible way or desire to pay.

Once consumers can no longer request commerical banks to manufacture the required amount of new money to service the existence of the previously manufactured money...game over.

All that a compounding interest system can do is inflate to maximum potential and implode...period end of story...

Attaching interest to money is taking more than you give.

It's the same as cutting down trees faster than they regrow...it's inevitable that you will run out of trees and if your civilization needs the trees to sustain it's continued operation...It stops to operate.

The top lives off the yield from the bottom

When the bottom can no longer supply the top with the required yield...game over.

Simple...

The whole system implodes...

Because there is no way to sustain a system that constantly demands more and more and more...or a system that cuts down trees faster than they regrow.

The system you see in operation right now is the same system that has been in operation for centuries...

The compounding interest commercial banking system

The only difference is what the currencies are made out of...

The top owns all the money in circulation...and when the supply of gold and silver was utilized to its maximum potential...the owners of the money supply system changed the way it operated to keep it operational.

The top own the food distribution networks as well...So when they ran out of gold and silver to construct money out of to pay the labor they issued money constructed out of different materials...and said use that to buy bread...or die.

It's an absolute capitalist hierarchial food powered make work enterprise.

The top is the employer and all below are the bottom and the employees...

The top lives off the yield from the bottom.

A recession is the beginning of a deflation...or a transformation of a boom into a bust. It's up to consumers to reflate out of a deflation...If they can't because they are exhausted...

It's game over...there is nothing the Government can do to postpone the inevitable implosion for much longer.

A compounding interest commercial banking system can only inflate greater than previous inflation to maximum potential and then when maximum potential is reached...the system begins inflating less than previous inflation to maximum potential.

The deflation will continue until maximum potential is reached.

Basically from 1929 to 1944-46 was the inflate less than previous inflation phase that followed the last inflate greater than previous inflation phase 1919-1929

This boom is 6 times longer than the previous boom...1929-1933 was the only time in the last 100 years in the USA where there was any visible deflation.

A little deflation is like nerve gas to a compounding interest commercial banking system.

You need to pay a bill but the money supply has deflated to the point that you are a quarter short.

You will default.

Really go out and try to buy things and refuse to pay the full price...Say but I don't have that much money...You will not be able to buy anything...unless the supply of money you have increases somehow or the prices of the stuff you are buying drop.

That's what happens when consumers can no longer request the commercial banking system to manufacture the needed amount of new money to sustain the required inflation of the system.

You all want more and more and more...Where is this magic well of never ending fulfillment located?

It does not exist...Once the maximum potential of your demands for more and more and more is reached...

The mass delusion you all have deeply fallen in love with all these decades is shattered...

Basically when you attach interest to let's say Gold...the more Gold you need to service it year after year.

Let's say total supply of GOLD in the economy is 100 million ounces.

And the richest person has 10,000 ounces and keeps lending them out year after year at 10%

And passes on the "business" to his decendants and one day one of his decendants 97 years later is owed 103,535,780.16 ounces of gold from a supply of 100,000,000 ounces

Lets say that Gold mines produce 5% more a year

Then he would only OWN half the entire money supply and be renting it out after 97 years.

And that's just one person...imagine if all of you try to obtain yields...then everyone will be in debt to everyone else...

Imagine 10 Rich people doing the above...

Then it's 74 years to own half the money supply.

Well that process was done centuries ago and the owners of the money supply then did as they needed to sustain the rent payments...Fractional reserve banking was the solution...

Most don't know how a credit system actually functions...and that it's a compounding interest commercial banking system that sustains the modern technological version of the absolute capitalist hierachial food powered make work enterprise.

The compounding interest commercial banking system has been in operation for 600 years.

Without it...press the rewind button back to pre 19th century...or more.

But the double entry accounting technique that is key to the system was being used 1000 years ago...So go back that far to escape so called fractional reserve banking.

Autonomous absolute capitalist drones...Have reached their maximum potential to request commercial banks to manufacture the required amount of new money to service the continued existance of the previously requested money...Causing them to rapidly transform from assets into unfundable liabilities...

It's the consumer...the Consumers power this by requesting commercial banks to manufacture more new money...as soon as consumer consumption of real estate reached maximum potential in 2006 and began slowing revolving credit or credit card debt growth began to accelerate.

As the real estate sector topped and began heading down late 2007 the growth rate of the money supply began to rapidly decelerate.

The sub primes was the system scraping the bottom of the barrel searching for more yield to postpone the inevitable defeat.

Without those sub primes...money supply growth would have collapsed sooner...and this would have all been heading to the basement a year or so ago...

And it's game over...

Currently...Nothing really bad has happened...The downward plunge has not even started...all that you see happening is due to the yearly growth rate of the money supply dropping to 5.1% from 9.7%

Asia and the Middle East

Are already slowing down on the way to implosion...Just watch China and India go poof and Dubai go bye bye...When there is not enough US consumer inflation flooding the world to hide all the so called corruption in their systems and those idiots are saying effects are the cause...lol

Drop to your knees and pray for a miracle...Because soon the Just think positive ignore the negative religion is going to die in a fit of exquisite agony and the hyperinflationary messiah is going to be exposed as a false profit.

The number 1 consumer of Brazil's exports is the USA

The number 3 consumer of Argentina's exports is The USA

The number 1 consumer of Argentina exports is Brazil

Total trade between Argentina and Brazil is 22.7 Billion dollars...

It's pretty insignificant.

Reguardless...once the USA caves in US consumers will stop consuming Imports from the rest of the world...Brazil will cave in and Argentina will finish imploding to oblivion...

The USA is either the Number consumer of a countries imports or the number one consumer of their imports has the USA as their number one consumer.

Globally.

All these clowns have been crying for years about escape from the USA and none of them can because as soon as they begin...their economies crumble.

You either pull a North Korea or stfu.

Argentina is still alive because the top jumped in to to buy up the firesale...but when the top caves in...there will be no way to stop the cave in and Argentina will resume or basically finish off imploding to oblivion.

Like in the markets when the price collapses and then rallies...Argentina has just been rallying...

They are DOA...

Brazil is dependant upon the USA to consume its exports and Argentina is dependant upon Brazil.

Brazil goes poof...When the USA goes poof.

In 1944 the system was set up so that the USA was the demand and the rest of the world the supply and since then the world has become more and more dependant on the USA not less...

And it's too bad you can't deal with it but that's what was done back in 1944...and when the USA which is the demand of the global economy goes poof...the supply is toast.

Just like back in when the British consumer was the demand the British pound was the global trade medium of exchange...pre 1929.

Well it will be far worse...Because that bubble inflated for 10 years during the roaring 20's...this current one that you have no ability to comprehend is over 6 decades old...or the roaring 6 decades.

Just sit back and watch...not long at all now...

Russia?

Had the rest of the world to sustain it...or actually loot it/buy it up at firesale prices.

This time around...the top is going to cave in...there is going to be nothing to stop implosion to oblivion.

All the so called economic hijinx of the past 60 years were nothing...total jokes...minor occurrences.

yawn.

You all believe the Government or powers that be has/have some kind of magic powers...they don't of course and never did...

And you all have a front row seat for the revelation...

Imagine back in the old days when no one could see the hurricane coming and it looked just like any other storm...

And it just keeps getting worse and worse and worse...

That's exactly what you all (everyone on Earth) are in right now...

In the credit cycle consumers become exhausted and slow down and deflate into a recession on the way to implosion...Then they become desperate and speed up and reflate out...yay.

This exhaustion desperation cycle continues and each reflation out the consumers are in more debt than when they entered...

Eventually they maxout and no longer have an ability to reflate out then the next time they enter a recession...

They don't escape...

Thanks for showing up to planet Earth

All everyone has to do is cashout refinance and reflate out of this hole like last time...

Need a real estate sector that is not collapsing and rates on the 10 year treasury below 2.5% and..."massive volume"...but hard to get that volume when last recession the household debt to income ratio was 80% and now it's 120% and then factor in that since basically 2006 when Housing was topping and beginning to cave the credit card debt began increasing significantly faster meaning people have been making up alot of the difference using credit cards for almost 2 years now.

In 2007 US consumers were requesting commercial banks to manufacture on average 12 Billion dollars of new money/debt per day...

But by late 2007 and up until now the US consumer has slowed their requests for commercial banks to manufacture money...the daily rate of growth of the money supply/total debt has dropped by 42%...the most in 62 years...

That's kinda why you see all this stuff that needs 12 Billion a day to sustain inflation deflating now that only 6.99 Billion a day of new money/debt is being requested by consumers to be manufactured by commercial banks.

The Federal government BORROWS money from the money supply of the USA...By issuing Treasuries...

Money supply 51 Trillion...Public debt...lets say 9.5 Trillion...

Treasury sells 500 Billion dollars worth of treasuries into the market/money supply to borrow 500 billion of it...

Money supply 51 Trillion...Public debt...10 Trillion.

The money supply did not increase at all.

How is issuing 700 billion dollars of treasuries hyperinflationary?

Just since the start of the year the US economy is short 1.4 Trillion Dollars.

It's why banks are going bankrupt and Wall Street is tanking...

Consumers have since late 2007 slowed their requests for commercial banks to manufacture more new money basically by the greatest amount in 62 years.

Because they have maxed out and can no longer request commercial banks to manufacture the required amount of new money to service the continued existence of the previously requested money.

If production is not cut faster than demand drops...there is not going to be price inflation...

Everyone is in debt up to their eyeballs and will glut the market with firesaled inventory trying to get out/escape/avoid default.

It's consumers requesting commercial banks to manufacture new money that has been the cause of all the monetary inflation in the USA...For the past 64 years.

Basically for the USA's entire history...Except for the Greenbacks of the civil war.

The national debt is just the money the US Government has borrowed from the 51 Trillion dollar money supply of the USA but since the system in the USA is a credit system...the 51 Trillion dollars is also the total consumer debt currently outstanding.

In 2000 the money supply or total debt of the USA was 27.1 Trillion and the amount of the Public debt or the amount that the Government borrowed of the 27.1 Trillion was...5.7 Trillion or 21% of the money supply

from then to now....US consumers have requested the commercial banking system to manufacture another 23.9 Trillion dollars of new money or debt

While the US Government has borrowed another 4.4 Trillion of the money supply or total debt for a total public debt of 10.1 Trillion or only 19.8% of the money supply or total debt of 51 Trillion dollars

Now, the Treasury issues treasuries in the amount of 700 Billion

First off the commercial banking system is where all the money creation takes place...

Consumers request commercial banks to manufacture money...

Like let's say you want to buy a house but don't have $200,000...Well then if you are able to service a loan of $200,000 then the bank sucks $200,000 of future income foward for to you blow right now...

Poof the Money supply of the USA just increased by $200,000

The money supply of the USA is currently 51 Trillion Dollars.

The Treasury offers X amount dollars worth of treasuries in exchange for X amount dollars of the 51 Trillion dollar money supply of the USA.

If they need money.

But as far as I can tell the Treasury is exchanging Treasuries or perfoming debt for assets that have collapsed in price and are basically non performing debt.

So nothing much would happen except an increase of the public debt ultimately and the cost to service 700 billion at current yields is under $200 per worker per year.

But this so called bail out is not going to prevent the implosion from happening...at best postpone it a bit longer

The FED didnt keep rates artificially low...

Consumers did...

Consumers request commercial banks to manufacture money...that money then is blown into the economy and ultimately finds its way into the bond markets...

If the supply of bonds is growing slower than the consumers are requesting commercial banks to manufacture money...the Bonds will be bid up and yields will drop.

A cycle forms in all credit systems...desperate consumers cause a spike of liquidity to flow into bond markets which causes bonds to be bid up and yields down...but once consumers become exhausted the flow of liquidity slows and the bonds are bid down with yields rising.

The FED measures this and follows along...the consumers dictate the bond markets...

The FED's ability to engineer short term rates is almost non existent and its ability to engineer long term rates is limited.

There's a chart showing that the bond markets move before the FED does...due to the above mentioned desperation exhaustion wave.

I doubt these so called economists even look at relevant data...somewhere along the line somebody said...the FED sets rates...and he believed it and never ever in his life checked to see if it was true.

Because it's all a lie...

The problem is consumer exhaustion...

All the money in circulation minus the coinage of the USA or 51 Trillion dollars was created by consumers requesting commercial banks to manufacture it...

By creating an asset and a liability...

Let's say for a house that the buyer needs $200,000 for...well if the bank thinks the person can service it...they increase the money supply of the USA by $200,000

That's where money comes from...that's how it works.

And consumers have been due to the collapse of the real estate sector in the USA 2006 slowing their requests for commercial banks to manufacture more new money.

The daily growth rate of the money supply...or total debt went from 12 Billion dollars a day in late 2007 to 6.99 Billion a day currently.

A 42% drop in the rate of growth...the largest in 62 years.

The banks have an unlimted ability to manufacture more new money but US consumers have a limited ability to request the banks to manufacture it and service it.

You think the economy is based on banks lending to each other?

They are not lending "excess reserves" to each other because they know that the US consumer is maxed out.

The only lending they are talking about is overnight lending.

"In the United States, the federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances (federal funds) at the Federal Reserve to other depository institutions, usually overnight"

"Federal funds are overnight borrowings by banks to maintain their bank reserves at the Federal Reserve. Banks keep reserves at Federal Reserve Banks to meet their reserve requirements and to clear financial transactions. Transactions in the federal funds market enable depository institutions with reserve balances in excess of reserve requirements to lend reserves to institutions with reserve deficiencies. These loans are usually made for 1 day only, i.e. "overnight." The interest rate at which these deals are done is called the federal funds rate."

It's overnight lending...between banks in the FEDERAL RESERVE SYSTEM.

There are 8,437 FDIC Insured Institutions

2,451 are commercial banks that are in the FEDERAL RESERVE system and are FEDERAL RESERVE MEMBER BANKS

Another 4,731 commercial banks...are not members of the FEDERAL RESERVE System.

826 savings associations that are not members of the FEDERAL RESERVE system

"A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks."

419 savings banks...that are not members of teh FEDERAL RESERVE system.

11 insured U.S. branch of a foreign chartered institution...Not members of the FEDERAL RESERVE system

Of the 8,437 FDIC Insured Institutions operating in the USA only 29% are even in the FEDERAL RESERVE system as member banks.

All the largest commercial banks of course are member banks...

All the banks outside of the big money centers are not "jammed" up

They are not lending to each other because they all know consumers are exhausted...or NOT BORROWING.

Big money center banks basically borrow from the FED short term at wholesale rates and lend to Consumers long term at retail rates.

But if there are not enough consumers willing and able to sign on the dotted line for enough to make a profit.

Game over.

Again 10.1 trillion is just the public debt...The amount of the money supply the Federal Government has "borrowed"

All the money in circulation got there by consumers requesting commercial banks to manufacture it...so it's all debt.

An the money supply or total debt is 51 Trillion dollars...right...now.

The cost to pay the interest due on the 51 Trillion dollars is hidden in the cost of everything...

but since the public debt is borrowed from the money supply...technically the population owes 51 Trillion + the public debt.

Lets say the 51 Trillion was paid off...There would be no more money except the coinage left...

But the entire public debt would still exist. And there isn't Trillions of dollars worth of change...

That's why money is not made out of gold and silver anymore...Impossible to keep up with demand.

Best kind of money is worthless money...that way people are constantly trying to get rid of it...

Once every one starts saving it up...It doesn't circulate unless it has to...

Every country on Earth has the exact same set up...all their money supplies are debt and their public debts are borrowed by the Government from the money supply.

China, India...the EU..etc you name it...All in debt up to the eyeballs and totally oblivious...billions of oblivious drones that haven't the foggiest clue how the compounding interest commercial banking system operates.

Once the USA caves the entire global system will implode and mind boggling chaos will erupt in every country on Earth.

There are 154 million workers in the USA roughly and that works out to about 60.8 Trillion dollars of total debt the population is servicing day in a day out.

Or about $394,805 per worker.

Except the public debt is special...there is no real requirement to pay principal so it's just a small interest payment per year ultimately...of $3,200 or so per worker on 10 Trillion dollars at 5% and the current treasury rates are lower than 5%.

Consumers sustain the banks...

The problem right now is that consumers are exhausted and are either unwilling or unable to request the commercial banks to manufacture the required amount of new money to service the continued existence of the previously requested money.

That's the cause of the credit crunch.

The slaves have basically been slaved to the point that they are finished...

The mark to market problem is another case of an effect being sold to the oblivious masses as the cause.

The exhausted consumer is the cause of the mark to market problem.

False information basically causes mental damage...

The USA is just the brawn of the Global empire...the brains are in Europe...looking helpless and innocent.

The top maintains their position by giving the bottom what they want...Or at least what they think they want when you factor in all the anti-American social engineering that has been taking place outside the USA for decades and the high level that is currently evident inside the USA lately.

The top never ever planned to sustain this all...it was doomed to implode...so when you all destroy it...you will get what you want...At least you will think you are...

It's how social engineering/brainwashing works.

The Internet was created by DARPA...

The Defense Advanced Research Projects Agency.

Free speech?

First off you are singing like canaries...far easier to identify and locate potential threats when they foolishly think they are safe.

Second Rebroadcasting...mass social engineering each other.

The top controls everything...the top allowed the Interent...It's their tool...they handed it to you all...for free at first to get you all hooked then they started charging...

You all didn't create it.

Who taught you how to read?...do math?...write?

Think?

The top.

When are all you idiots going to stop the talking and start the walking...

Look in the mirror to find your greatest enemy.

GLOBAL SLAVERY CRISIS

"Billions of morons, poorly educated and conditioned to believe that the glory of the universe is best spent making $hit we don't need bought with money we don't have borrowed from a$$holes who own us all anyway.”

[Warning - graphic language!]

The Owners Of The "Free" Market Decide How Free It Is

It's like in the olden days before there was any hurricane detection...a massive storm beyond your abilities to comprehend just all of a sudden showed up and you are just another leaf caught in the maelstrom...and maybe you will survive.

The vast majority of the poor unfortunate souls currently alive are all quite oblivious of what is about to smash into them at full mindblowing force.

The total debt is 51 Trillion dollars currently...It's also the money supply of the USA.

The money supply in 1944 was 355 Billion dollars...and since then to now US consumers have requested the commercial banking system to manufacture 50.6 trillion more new money...

The Public debt..Or the amount of the money supply or total debt the US Government had "borrowed" in 1944 was 201 Billion.

Meaning that the US Government had borrowed 56% of the money supply of the USA to basiclly run WW2.

But since then the US Government has "borrowed" another 9.7 Trillion dollars of the money supply of the USA.

Meaning that from 1944 the US government has "borrowed" 19.4% of the US money supply.

700 more Billion would mean borrowing another 1.3% of the money supply of the 51 Trillion which is the total debt or money that US consumers have requested the commercial banking system of the USA to manufacture from 1944 - present.

The US Government is in far less debt now than it was 64 years ago based on % of the total money supply.

Eliminate that and press the rewind button back to pre 1900...

The 700 Billion is just to buy enough time to reach the point that the top wants to pull the plug...

US consumers are maxed out...It's not that they can't request commercial banks to manufacture more new money...they can...the problem is the US consumer can no longer request the required amount...last year the average daily amount of new money the US consumer requested the commercial banking system to manufacture was 12 Billion.

Year to date...6.99 billion...the difference from last year is 5 Billion a day X 10 months...or 1.5 trillion dollars less money flooding into the US economy...banking system and Wall Street.

Which has caused the banking system and Wall Street to show visible signs of imploding.

Whether the deal goes through or not...the USA along with the rest of the world is going to implode.

It's all over...jigs up...the only thing 700 Billion dollars is going to do is postpone the acceleration of the implosion for a month or so.

Pretty sure the FED is after the Treasuries...

That's what the plan ultimately does...allow the Treasury to issue 700 Billion dollars worth of treasuries.

The FED needs treasuries to operate...

This crisis is ultimately caused by attaching interest to the medium of exchange...Nobody alive really is the cause...

I will lend you x as long as you give me x +5% back.

Meaning the system must inflate by the required amount forever or it implodes.

The money supply in 1944 was 355 Billion.

The entire circulating money supply in a credit system is ultimately composed of debt owed to the top.

355 Billion at an average interest rate of 7.76% for 64 years equals 51 Trillion dollars.

The actual average interest rate is lower because people request the commercial banking system to manufacture money to buy houses and cars..etc...not to pay the interest due on all the previously manufactured money.

And the cost to pay the interest due on the previously manufactured money?

Is hidden in the cost of everything...Everyone utilizing the system is ultimately forced to demand more and more and more...

Until like currently when the maximum potential is reached and then they can no longer demand more and more and more and are forced to demand less and less.

Unfortunately this thing you all call civilization is not designed to function in reverse...so it basically just implodes...poof.

Truth is not decided by a vote...or on the battlefield

If everyone on Earth agreed that 1+1=3

It would not change the fact that 1+1=2

On the Internet you are paragons of courage...In real life you are paragons of cowardice.

It doesn't matter...All another needs is more power than you and then its function as required or die.

Here's a hint...

You can manipulate the Universe however you desire as long as you don't attempt to break LAW.

Human beings have no power to make or break LAW.

All that human Beings have the power to do is make and break rules and call them LAW.

But if the rule attempts to break LAW then LAW will break the rule.

The Idiots that dreamed up Basel II are unaware of the above.

Ultimately the current generation are just the smartest stupid people that have ever existed.

Buy low sell high...You don't get rich by buying and holding...

You all bid the price up...and the top sells...

Oh look the price has caved...what a great opportunity to bid the price up...so that the top can sell.

The top sells strength and buys weakness.

The top owns all the production and distribution networks (markets) so that when the economy caves...they will just sell you stuff and you all will eventually give them back all the gold and silver...

Unless you go Grizzly Adams or bury all your gold and silver and forget where you buried it.

As soon as you need to spend it...the top gets it.

The big money or top does all the buying and selling...the bottom just speculates.

The top is not looking to see where it's going...they already know where it is going...the top is not suffering from the brain damage that the bottom is suffering from...The top is not the victim of the lies they are telling the bottom that the bottom thinks are truth.

The bottom supports the top and the top knows when the bottom has reached the maximum potential and can no longer support the top.

The top knows that the implosion was and is inevitable...

The bottom do not...

The bottom thinks that inflation lastes forever.

The top knows that it's impossible to sustain inflation greater than previous inflation forever.

They are already positioned for the inevitable implosion that the bottom hasn't the foggiest clue about.

The top owns the markets...

It's supply and demand...

When you are ripping people off...you laugh...but when you are being ripped off...you cry...

Oh you don't rip people off? Well guess what? All the people you claim are ripping you off say the same thing.

It's so sad that you don't know how markets work...

Get rid of the speculators and set the market up so that only people that are going to use the material to produce something are allowed to buy it.

But the top would not like that at all...Because without speculators to bid up the price...the top could not extract the massive profits they enjoy currently.

Plus if demand dropped for the products...then the silver producers would go out of business...and it's the top who produce the majority of the silver...the top owns all the mines.

This is the great part...you all would fight to sustain the system the way it is...the top doesn't have to manipulate you all in the slightest.

The owners of the free market decide how free it is...

Store of value...

In the ancient days...cities and farmers used to keep multi year supplies of grain...but instead of storing 2 short tons of grain...wouldn't it be easier to sell all the grain and just store 1 ounce of gold...

Until the crops fail...then the Gold is not such a great storage medium.

Lets say you control the land that the farmer is growing the food on...then the Farmer has a use for Gold.

To pay the rent...

The current US Government gold price is $42.2222 and ounce...

Do any of you know how a gold standard works?

Who cares...as long as someone says that it's going to cause the price of gold to rise...Im in...lol

The price of gold to rise in relation to what? the price of gold?

So you have a bunch of gold miners...and a bunch of farmers...

The gold standard...

The farmers slave in the fields all year to produce enough food to feed the gold miners and the gold miners toil in the mines all year to produce enough gold to pay the farmers.

What do the farmers use the gold for?

I know what the miners use the food for..they eat it to survive...

What do farmers need the gold for? You know...how is the exchange for mutual benefit supposed to work?

Must be something you are missing????

Who cares...as long as someone says that it's going to cause the price of gold to rise...I'll believe it...lol

The cause of the crisis is the inability of the consumers to continue requesting commercial banks to manufacture new money to service the existence of the previously manufactured money.

There are trillions of dollars of transactions that take place in the global economy every 24 hour period.

These multi 100 billion dollar injections are into global liquidity flows that at peak times hit can easily spike up to 1 Trillion dollars in an hour for brief periods.

The ECB liquidity injections are like trying to put out the sun with a water balloon.

The world went bankrupt 1929-1933...then went into bankruptcy reorganization 1933-1945 and emerged reorganized but still bankrupt and the problem was not corrected at all the past 63 years.

The world has been bankrupt for decades...The Banking system has been bankrupt for centuries.

Basel II...It's a joke manufactured by over compensated brainwashed morons.

As long as interest is allowed to be attached to the medium of exchange...The criminals will still be able to legally plunder.

Paulson, Bernanke, and Greenspan are effects of the compounding interest commercial banking system not the cause of the compounding interest commercial banking system.

Of course when push come to shove the top will throw some of the useful idiots to the masses to be ripped apart...

A Massive Pile Of Oblivious Puppets

The mass social engineering is designed so that the next installed puppet will have the benefit of blaming the previously installed puppet for all the wonderful austerity measures the US public will have to accept.

It's all over...the top takes effects that the bottom is being exposed to and then says they are causes and because the bottom has no real ability to think...Accepts the lie as truth.

The USA has been hyperinflating for 64 years...It's just been hidden with accounting tricks...Yes that's 51 Trillion Dollars...because the USA like all countries on Earth has a credit system...the money supply of 51 trillion dollars is also the total debt that everyone owes.

And every country on Earth basically has a doomsday spike like the below.

The daily growth rate of that green line that hyperinflationists need to keep going up faster and faster forever? Slowed by 42.6% from the end of 2007 to now.

The largest slowdown of the daily growth rate of the US money supply in 62 years

Yes a sure sign that the hyperinflation of the world the past 64 years is on track.






The only hyperinflation I see is if producers cut production quicker than demand..until that doesn't work and the strongest cave in...In the case of gold...The production is already insignificant.

All gold needs is an increase in demand...Nothing significant can be done on the production end.

But huge spikes up and down will make it so that nobody can accurately value gold so only dealers short of supply and speculators gaming it will be playing with it...

At some point that will just shut the market down.

Tighter financial regulation would have just accelerated the implosion to this point sooner.

All these morons haven't the foggiest clue what the cause of this is...it's not about regulations.

Wait until India begins imploding as the inflow of consumer debt inflation from the rest of the world dries up...then they will be bawling too.

The banks have an unlimited ability to create credit...Unfortunately consumers have a finite ability to request the commercial banks to manufacture and service it...

All the money pumped in the markets today is not going to fill in the hole left by the consumers who have for the past year become more and more exhausted...it's to keep the banks from collapsing due to the drop in inflation the consumers are no longer supplying to the bank to keep them inflated.

It's too funny...it's the workers/consumers which power the banks...but you morons think it's the other way around...

The banks are not "lending" because consumers have borrowed all they can and are "unwilling" or "unable" to borrow any more...

The top lives off the yield from the bottom...Until of course the bottom can't or refuses to continue servicing it.

Then all the people holding you up...let go and you all fall down.

The real estate sector and markets and bankings system collapses once the hyperinflation reaches maximum potential...not before...

Hyperinflation is the investment the top got you all to BUY AND HOLD onto...

Certainly things inflate better if you are all brainwashed into thinking inflation is the bet to place all your chips on...Because if deflation was the bet you all put your chips on...the system would implode.

Ben said he would print money in 2002 so that all you morons would think hyperinflation was a done deal...and you all believed it...and when the consumers of the USA caould no longer sustain power to the hyperinflation salvation delusion...it shattered.

They are all singing the same tune...

The Wall Street corruption/toxic debt/deregulation is not the cause...those are effects...

The top take effects and market them as the cause to the mass of braindead morons and you all lap it up.

The cause is the attachment of interest to the medium of exchange...which basically forces all below to request the commercial banking system to manufacture more and more new money.

Until the bottom reaches their maximum potential to request the commercial banking system to manufacture more new money...then the system implodes.

All the effects are then marketed to the public as the cause and and since they are oblivious drones are forced to accept the official fable as truth...

At this point you are all just a massive pile of oblivious puppets.

It's easy to find who the pretenders are...when you tell a whole bunch of people that they are oblivious drones...the ones that bawl the loudest are the the ones who have been outed.

In 1990 Japan collapsed...and since then all the Japanese car producers have been subsidized by the Bank of Japan with 1% loans..Japan has made emission standards so high that almost no car can pass after 5 years...

The Japanese devalued the yen so that US consumers would buy Japanese imports...

Japan has been on US consumer Life support for 18 years...

It's so funny...Somehow the population has been socially engineered to destroy America by worshiping Japan...

Really Americans spit on their own country...

Everytime a US consumer buys an Import...They are slowly committing economic suicide.

Cry and moan all you want.

There is no salvation coming...The just think positive ignore the negative religion strikes again...

The system will at some point implode way past the Great Depression...

This excitement will transform into terror when you all forced to wake up from the daydream into the nightmare.

All the pumping is just short term loans that have to be paid back...90 day loans...

Reguardless the cause of all this is the inability of the US consumer to continue requesting the commercial banks to manufacture new money...it works like this...

In 2007 US consumers were requesting commercial banks to manufacture 12 Billion dollars a day of new money.

Bank prime average this time last year was 8% roughly.

What was the discount window rate at that time? 5.5%

Borrow short term at 5.5% and then sell to consumers long term at 8%

The FED is not pumping...consumers are requesting.

But the discount window was only overnight back in 2007 and then the rules were changed...now it's been extended to 90 days because consumers have become exhausted and can no longer request commercial banks to manufacture 12 Billion a day like in 2007...now they can only on average request 6.99 Billion dollars a day...

A shortfall of 5 billion dollars a day...meaning the banks are borrowing from the FED just to sustain operations...

Because the consumer can't...The 42% slowdown in the daily growth rate of the money supply/total debt of the USA is the largest in 62 years.

It's like this...you are running a business that costs 1000-1200 dollars a day to operate but the customers are only spending 700 dollars a day to support it...and you decide to borrow the difference you need to keep from having to go bankrupt for 90 days in the hope that everything is going to turn around in that time.

And in order to do that...borrowing from the FED...all these banks and financial institutions need collateral...assets...

Without consumers willing and able to service greater and greater amounts of debt...like they have been doing the past 64 years...it's game over.

The bottom supports the top....the top does not support the bottom at all...and when the bottom reaches the maximum potential to support the top...game over.

There's the rider...top and the horse bottom...and the rider whips the horse over and over trying to get the horse to ride straight up faster and faster...but the horse is exhausted won't move and eventually drops dead from the whippings...

The rider then runs to congress and demands they change the regulations making it illegal for exhausted horses to refuse to do what the master wants them to do.

Problem solved...

At some point they will have to shut everything down...

Stages of a compounding interest commercial banking system.

Stage 1

Inflation of debt and the destruction of savings

Stage 2

Deflation of debt and the destruction of equity

Stage 3

Bankruptcy of the banks, collapse of the economy/division of labor, and the consolidation of power.

Attaching interest to the medium of exchange bacially forces the population to request more and more new money to be manufactured by the commercial banking system until maximum potential is reached...then the population either can't or refuses to request more new money to be manufactured and the system cannibalizes itself and implodes.

There are 1000's of banks in the USA that are going to implode...

The FED is pumping?...Like your heart pumps when you are bleeding to death...

Taking More Than You Give Is Stealing

The FED is after the Treasuries...The FED needs treasuries to keep rates from imploding...lots of treasuries.

I ran the numbers again last night. Basically since the start of the year...The yearly growth rate of the money supply of the USA these last 2 quarters was 5.1%

Last time the yearly growth rate was that low was 1991 and before that 1956.

The daily growth rate was 6.9 Billion a day...the daily growth rate in 2007 was 12 Billion dollars a day a drop of 42.2%...in the past 64 years...that is the greatest drop...

Think of the USA as a machine that keeps the world inflated and that it survives by consumers requesting commercial banks to manufacture more fuel...

In 2007 it was producing up 12 Billion dollars a day or 700 Billion every 58 days...of consumer debt inflation.

But now it's slowed down massively and is only pumping out 6.9 Billion a day or 700 Billion every 101 days.

The 700 Billion will do nothing...the problem is that US consumers have become exhausted...

The banking system bascially has an unlimited ability to manufacture credit...or issue credit...People or the consumers have a limited ability to request commercial banks to manufacture/ issue it.

That what the numbers are showing...consumers make the numbers...the banks don't...It's all the workers/consumers of the the USA that drive the economy...

The banks and other financial institutions along with Wall street are powered by the workers/consumers...It's why The banks and other financial institutions along with Wall street are crumbling...US consumers have become exhausted.

Now that the banks and other financial institutions along with Wall Street have become exhausted and need a 700 Billion shot of Red bull.

This 700 billion is to buy time...a small amount of time to get past the elections as far as I can tell...to prevent a recession? Dream on.

Not a chance...

Because according to the numbers and estimation...year to date...the economy is short 1.2 Trillion dollars...and almost none of the 700 Billion is going to the consumers/workers...

The Eurozone is about to enter recession...China and India are going to cave soon...their real estate sectors will implode...

Just like the USA when the inflation required to keep the game going didn't show up...poof game over.


Dollar reserves are whats left over after the Dollars the US consumers send to China are converted...If there is a surplus. Those Dollar reserves according to the rules can only be used to buy US Treasuries.

Prior to 1971 they could also be used to buy gold.

The top economy is the demand and the rest are the supply.

Prior to the 1929-1933 collapse...the British were the demand and the British pound stirling was the Global trade medium of exchange...and when the collapse came...the flood of Pounds stopped flowing into China...and it imploded.

Same thing is going to happen this time...in 2006 the bad debt in the Chinese banking system was 40% of GDP...Easily as much or more than in the US banking system.

Without the massive inflow of consumer debt inflation to keep the game going...All the corruption in the Chinese system will be revealed...

It's going to be ugly.

I can lend someone 1000 Dollars...Which they then blow into the economy...and other people that didn't borrow from me can be holding money that belongs to me.

The few at the top own everything...all of you at the bottom rent...and because everyone is paying the rent or in debt to the top...it's hidden in the cost of everything.

Money is a food substitute...food is power.

Ultimately power is the medium of exchange.

The entire global banking system is going to implode.

There can easily be a 50% collapse of the US economy...and since the 1944 Bretton Woods global trade agreement made the US Dollar the global trade medium of exchange...By default the US Consumer became the demand of goods, services, and the supply of US Dollars while the rest of the world became the supply of goods, services, and the demand for US Dollars.

Meaning that when the USA implodes the rest of the world will as well.

Social consequences will be massive beyond your current abilities to comprehend.

This bailout is just to get past the elections...The global system has reached maximum potential and is going to implode reguardless...There is nothing that can be done...the system must inflate by the required amount or it implodes.

Think of the banks and Wall Street as the rider and the worker/consumers of the USA as the horse.

The rider wants the horse to do a full gallop straight up faster and faster but the horse can't or won't...The rider has already broken the whip across the horse's rump and now has pulled out the 700 Billion whip...and ultimately the rider is going to just whip the horse until it drops dead.

The consumers/workers of the USA have to produce enough inflation to sustain the system...if they don't...game over...

Wall Street and the banks don't produce inflation...both depend upon the workers/consumers of the USA to power them...when the workers/consumers of the USA become exhausted and can no longer supply the required power to the banks and Wall Street...the banks go bankrupt and Wall Street begins crashing...

Seen any banks go bankrupt lately? how about Wall Street? any losses?

The 700 Billion is the Rich rider whipping the poor exhausted horse...that is going to drop dead reguardless.

Allow me to take more of another's power than I give and I care not who makes the rules of the game you are all playing. Because I will eventually suck all the power from the hands of the many into the hands of the few or one.

And then they who have the power will make and break the rules of the game you are all playing.

Who am I...

I'm the Top and you are the bottom.

Attaching interest to the medium of exchange is...taking more than you give.

Taking more than you give is stealing.

Really...Oh you think otherwise? Criminals do too...

I get it...Someone else has to tell you all what is right and wrong...YOU ALL HAVE ZERO ABILITY TO THINK FOR YOURSELVES...

You all can't figure out what is right and what is wrong...amazing.

Who tells you all what is right and what is wrong...Hey I know...the people who make and the rules of the game you all play...

THE TOP...

Money is a food substitute...and food is power.

Power is the medium of exchange.

But you know the current congress decreed money...The Dollar coin, The quarter, the dime, the nickel, the penny, the gold and silver coinage.

That's the actual money of the USA...

All we have to do is attach Interest to all the money that we loan to the bottom...higher than the rate of production of the money...And "we" at the "top" will steal it all back again.

Own the whole money supply...We will just keep relending it back into circulation and you all will just keep paying the rent.

And if attaching interest to the medium of exchange is not against the rules of the game...Also if it's not against the rules of the game to take more than you give...THEN IT'S OBVIOUSLY NOT STEALING.

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time, a legal system that authorizes it and a moral code that glorifies it." --Frederic Bastiat

Plunder is taking more than you give.

Allow me to take more of anothers power than I give and I care not who makes the rules of the game you are all playing.

Because I will eventually suck all the power from the hands of the many into the hands of the few or one.

And then they who have the power will make and break the rules of the game you are all playing.

Who am I...

I'm the Top and you are the bottom.

Starting to see how to top becomes the top and the bottom becomes the bottom?

No It just can't be...

When The Last Of The Morons Are In...The Whole Thing Caves

It was manufactured by worshipping the compounding interest equation...

All those that believe in attaching interest to the medium of exchange as the path to salvation...all those that desire to take more than they give are the engineers...

The top know that all that such a system that needs constant inflation can do is inflate to maximum potential and implode.

The top just capitalize on the implosion that all below who are mindless morons that need someone else to do the thinking for them are totally oblivious of.

In 1944...When Bretton Woods was accepted making the US Dollar the global trade medium of exchange and by default the US consumer the demand of the system...the implosion was inevitable...

The system would have hyperinflated and imploded to oblivion in the late 1980's if the wage inflation was allowed to run it's course...The plan was to export the majority of manufacturing out of the USA into low wage and slave wage zones like China.

Anyone that had the slightest idea how a compounding interest system worked would know that all it would do was inflate to maximum potential and implode...poof.

You are in the New World Order right now...it always implodes and the top just hire the survivors to build the new New World Order...

All the information you all know about the New World Order is from the program used to brainwash the top's helpers...the inevitable implosion that the top's helpers are oblivious of is taken as a sign that the plan is working...

It's like knowing when a solar eclipse is going to happen...but no one else does...and you capitalize on that ignorance to then claim to be LORD...

Your acceptance of the lie that the top controls the bottom is the only control the top has over you all...

This has all been going on for 1000's of years...It's a wave...

You all dupe yourselves.

The FED doesn't have unlimited amounts of money...The 700 Billion will be in the form of treasuries. That's what the FED is after...If the authorities fail to engineer some kind of fix...the system will stop inflating and begin deflating.

Right now the rate of growth of the US money supply per day has slowed by the most in 62 years and the yearly percentage rate of growth of the total money supply has slowed down the most in 52 years.

You know all the recessions in the USA the past 50 years? The conditions leading into them were not as bad as now.

You all told me that the FED has the power to just print money in unlimited quantity and I've said they don't have such an ability...

And here we are...proof that the FED can't...

It's like this...I have servants that slave for me...because they are in debt to me and must slave to earn a living so they can continue to service the debt...

I can just keep lending them more and more and more because I can create "debt" out of thin air...

But one day...all my slaves reach the point where they are unwilling to or can no longer service the debt...

Then no matter how much debt I can create for the slaves to eat...they can't or won't

Thats the situation now...It was the situation in Germany 1924...It's how all inflations end.

But in order to keep all you slaves slaving...you must not know there is an end...

You all have to religiously believe that inflation greater than previous inflation lasts forever.

It doesn't.

Maybe that is the key piece of information you continue to fail to understand...The FED has no ability to create money out of thin air...they only have an ability to create debt...

And at this point...the US Treasury has a very limited ability to actually manufacture money...

The people have to agree to service the debt...or the system stops growing and collapses.

And there always comes a point where the people or workers refuse or can no longer service the debt

The criminals responsible are all of you...This is a credit crunch...consumers are maxed out meaning they are unwilling or unable to request the commercial banking system to manufacture the required amount of credit to sustain the continued inflation of the system.

A consumer credit crunch is the cause of a liquidity crisis. If the the consumer wouldn't have maxed out and stopped...the housing and banking sector would still be chugging along just fine.

The money supply has to grow fast enough to sustain profits

Monetary inflation = profit.

Monetary deflation = loss.

Lets say the total production of resources needed to sustain the empire grows by 5% a year but the Empire needs a growth rate of 10% a year to keep from imploding?

Well look at Rome or Athens etc

It's like this you all want more and more and more...until it becomes impossible to obtain more..then game over.

By attaching interest to the medium of exchange or taking more than you give...Is the same as chopping down trees faster than they regrow.

The top knows this...but the top maintains their position by giving the bottom what they want...

All the top is doing is giving you all what you want...more and more and more...until it's impossible and they are forced to give you all what you don't want...then you all flip and demand justice.

The top then lies and says it's wall street corruption that is the cause and you all believe it...

The top gives you what you want...

Wall street? If you want it to be destroyed...the top will allow you to destroy it.

Because eventually you all will want something like it back again and the top will hire you all to build what you all want.

This is a credit crunch...consumers are maxed out meaning they are unwilling or unable to request the commercial banking system to manufacture the required amount of credit to sustain the continued inflation of the system.

Attaching interest to the medium of exchange is the cause of the demand for more and more...

Chopping down trees faster than they regrow can not be sustained.

It's the same as taking more than you give

Its the same as attaching interest to the medium of exchange.

You are all fools...really...and until you all wake up and realize it...you will continue to be fools.

It doesnt matter...you can choose to get into debt up to your eyeballs or refuse to...the system then stops growing and collapses...

The system has to keep chopping down trees faster than they regrow or the system implodes...

That's how the system was set up and thats how it operates...

1944 the money supply was 400 Billion and at 7.5% interest on average per year it's now 51 Trillion dollars...

If you stop chopping down trees faster than they regrow then the system implodes at that point.

At any point in the past 64 years the system could have stopped and imploded to oblivion....you all just refuse to service the cost of the continued existence or can't...jigs up.

But it didn't...because you all don't want it to...

It's imploding now because reguardless of what you all want...the system can't continue inflating...you all can't keep it up...

There's a maximum potential...You all basically ran out of trees to chop down.

Like anything...Gold will only inflate to maximum potential and then implode...

You have to sell high but when is it going to be highest? and what to buy after you sell it?

Well in the markets the top does all the buying and selling...they know...the bottom doesn't do all the buying and selling and doesn't know...they can only speculate.

At the end of a hyperinflation the top would short at the top and cover at the bottom.

Like on TV...when they are saying omg buy buy buy or you are an idiot...the top who own the program are selling.

And when the last of morons are in and the spike up is all out of moron gas...the whole thing caves in.

The People Will Demand Blood...

From Bush's speech:

"Well, most economists agree that the problems we are witnessing today developed over a long period of time. For more than a decade, a massive amount of money flowed into the United States from investors abroad, because our country is an attractive and secure place to do business."--George W. Bush

The money that foreigners are sending to the USA are US Dollars...What you say...where are they getting these Dollars?

Well a US consumer goes to a commercial bank and requests that bank to manufacture money...and if the Bank agrees...the consumer gets money...

Lets say to purchase a House that requires the bank to manufacture 200,000 dollars.

And the house is bought...

Basically blowing all the money into the US economy that is dependant upon imports of finished products from places like China (Foreigner) who is in turn dependant upon the US consumer to buy all that China exports to the USA because China is dependant upon 300 million US Consumers since they export to the USA and world based economy with the US hands down by far the largest consumer on Earth...

Well why do they send US dollars to the USA?

To buy treasuries...nifty thing about bonds...when they are bid up in price the yields drop...and the bond markets set the rate at which commercial banks lend...

So bid bonds up...yields drop and American consumers can sustain their consumption of massive imports from China and the rest of the world so that the Chinese workers can sustain their employment so that they can buy houses and cars.

Sounds wonderful...stack up all my chips on that bet...

but wait...

What if US consumers request all the money they can possibly request commercial banks to manufacture and instead of more and more money at lower and lower interest rates the US consumer is forced to request less and less...

To make a long story real short...The USA along with China and the rest of the world stops inflating after 64 years and implodes to oblivion...

OMG then we better sign on to the 700 Billion Bail out...

In 1944 US consumers were requesting the commercial banking system to manufacture 8 million dollars of new money a day...

At the time the total money/debt supply was 400 billion.

By the year 2000 The money supply or total debt had inflated to 25 Trillion and US consumers were requesting the commercial banks to manufacture 5.8 Billion dollars of new debt/money a day.

By the end of 2007 the money supply or total debt was 49.7 Trillion and US consumers were requesting the commercial banking system to manufacture 11 billion dollars of new money/debt a day...

Seen the growth in China? That's where most of this money is being exported to...

And right now q3 2008 the total money supply or debt is 51 Trillion dollars and US consumers were requesting the commercial banking system to manufacture 5.6 billion dollars of new money/debt a day...

Stop the presses...the money supply growth has slowed right down...to below the level that existed back in 2000.

5.2 Billion less/day than the end of 2007...for a loss of 270 days x 5.2 Billion or 1.4 Trillion less money flooding into the economy than in 2007

1.4 Trillion - 700 billion...= still 700 Billion short and the deficit is growing by 5.2 Billion per day

And it's going to keep growing because...after 64 years the US consumer has requested the commercial banking system to manufacture the maximum potential amount of new money possible...and are now being forced due to the construction of the Universe to request less and less and less new money.

What does that mean.

What if US consumers request all the money they can possibly request commercial banks to manufacture and instead of more and more money at lower and lower interest rates the US consumer is forced to request less and less...

To make a long story real short...The USA along with China and the rest of the world stops inflating after 64 years and implodes to oblivion...

But if Bush were to have said anything like that the whole world would have caved in at that point...

Good thing nobody knows anything about economics.

You all are in debt up to your eyeballs...

The total money supply of the USA is 51 Trillion dollars...of debt. It works out to $331,168 of debt for every worker in the USA. The cost to service the continued existance of the money supply of the USA?

Is hidden in the cost of everything.

If you can't produce your own food then you are certainly in debt to the farmers...how about light? you are in debt to the power companines...

And the top owns all below so unless you are the top you are in fact in debt...

And since you are logged in...you certainly are not running free in the wilderness...

Attaching interest to the medium of exchange is the encouragement...The cause of the excessive borrowing.

The FED is just a facilitator.

You all want more and more and more...and if someone were to say no you can't have any more...You would get rid of them and find someone that would give you more and more and more.

The cause of a credit crunch is not excessive borrowing...

The cause of a credit crunch is not enough borrowing...

Not enough demand.

Not enough consumers requesting commercial banks to manufacture the required amount of money needed to sustain inflation.

Why...interesting thing...there is such thing as maximum potential...due to the construction of the Universe inflation greater than previous inflation has a maximum potential...so does inflation less than previous inflation...or deflation.

No amount of malinvestment of energy into thinking positive can breach the maximum potential barrier.

Here's the best part...Regardless of how much more you all want...there comes a point where it is impossible for an individual human being or all of humanity to obtain any more...

When the consumers max out...that's it.

game over...fantasy over...

And that's what the cause of this is...

It's a credit crunch...The banks have plenty to give to consumers...

Unfortunately consumers are maxed out and can no longer request enough money to sustain the inflation of the system.

The result is that it's deflating now...

The below from The Guardian, Saturday August 23 2008

"Bernanke called the combination of a financial storm and rising inflation "one of the most challenging economic and policy environments in memory", admitting that despite substantial cuts in the official cost of borrowing the turbulence had not abated. The effects of the credit crunch, he added, were now causing slower growth and rising unemployment."

The below from some pdf talking about the 1991 recession

"Bernanke and Lown (1991) define a credit crunch as a decline in the supply of credit that is abnormally large for a given stage of the business cycle. Credit normally contracts during a recession, but an unusually large contraction could be seen as a credit crunch."

"Bernanke and Lown attribute this reduced lending activity to demand and supply factors. Loan demand has been weak because borrowers’ balance sheets have been weaker than normal, and as a result, borrowers have been less credit worthy than usual."

A nice way of saying borrowers or consumers are full up and are unwilling or unable to request any more new debt...money ...credit.

Since in the current system...money debt and credit are basically the same thing.

And don't worry about bank failures the whole global system is going to implode to oblivion this time around reguardless what any idiot or group of idiots do.

Reserve bank credit is based on supply and demand...the greater the demand for withdrawls the greater the supply of credit that is needed....when the money supply increases the amount of reserve bank credit had to as well...or if there is a chance of an increase in withdrawls.

Y2K there was a risk of bank runs due to the threat of a panic starting from a rumor...that's the huge spike..the little one to the right is the panic after 911.

The lastest spike up is to guard against bank runs...In reserve banks

The current situation is a credit crunch...A credit crunch happens when consumers become exhausted and are either unable or unwilling to request commercial banks to manufacture the required amount of money to sustain inflation of the economy.

Now perspective

The USA like every other country/economic zone on Earth has a credit system...

That people call money...and ultimately credit is debt.

The FED calls the money supply "total credit market debt"

And in 2000 the total money supply or debt of the USA was 27.1 Trillion dollars.

Top sucks from the bottom so ultimately that is what the bottom (all below the top) owe the top...

The Reserve Bank Credit at the end of 2000 was 578 Billion

Which is 2% of the total debt or money supply of 27.1 Trillion dollars

well since 2000 until now...

US CONSUMERS HAVE REQUESTED THE COMMERCIAL BANKING SYSTEM TO MANUFACTURE ANOTHER 24 Trillion dollars of new money...credit...debt.

and the Current money supply or debt of the USA is 51 Trillion dollars.

We are in a credit crunch...a credit crunch is when the consumers become exhausted and are unwilling or unable to request commercial banks to manufacture the required amount of new money to sustain the inflation of the system/economy.

Money supply 2000 was 27.1427 Trillion

2001 29.3278 Trillion

Growth rate per day 2000-2001 roughly...6 billion dollars a day.

What does that mean?

That means on average US consumers requested the commercial banking system within the USA to manufacture 6 Billion Dollars of new money per day...and the money supply of the USA increased from 27.1 Trillion dollars in 2000 to 29.3 Trillion dollars in 2001 as a result.

Guess what? Since the same system is in operation within every other country/economic zone on Earth...their money supplies are all increasing in the same way...

Ok 2002 31.8294 Trillion Dollars

Growth rate per day 2001-2002 roughly...6.8 Billion dollars a day.

2003 34.6065 Trillion Dollars

Growth rate per day 2002-2003 roughly...7.6 Billion dollars a day.

Just a taking a break for more perspective...The total money supply of the USA was 400 Billion in 1944 and US consumers were requesting the commercial banking system to manufacture 8 Million dollars a day...

The growth rate of the total money supply of the USA from 2002-2003 was 1000 times more per day than it was in 1944...amazing...no?

Dang where does all that there hyperinflation go?

One other tid bit...what about the recession 2001-2002 in the USA?

Well that was caused by a drop in the rate of growth of the money supply per year from 11% to 6.5% per year...and doesn't even show up in the current method in which we are looking at money supply growth.

But now...Back to money watch...

2004 37.8082 Trillion

Growth rate per day 2003-2004 roughly...8.8 Billion dollars a day.

2005 41.2515 Trillion

Growth rate per day 2004-2005 roughly...9.3 Billion dollars a day.

2006 45.3470 Trillion

Growth rate per day 2005-2006 roughly...11.2 Billion dollars a day.

Ok just in case your head is hurting and you don't comprehend...

Ever asked for a loan or used a credit card...you know signed on the dotted line?

All this new money that makes the money supply grow...is requested into existence by US consumers whenever they ask for a loan...

Like a consumer wants to buy a house or car but doesn't have the money and requests a loan...and if the consumer meets the requirements and signs on the dotted line...the money or "credit" is issued to the consumer...simple.

for example...from 2005 to 2006 US consumers requested the commercial banking system in the USA to manufacture on average...11.2 Billion Dollars of new money a day...causing the total money supply of the USA to grow from 41.25 Trillion dollars to 45.35 Trillion dollars.

That's where money comes from...It's been like this for over 100 years in the USA.

Just so you know...the last time the Government of the USA issued money outside of the commercial banking system...or printed money with no backing were the Greenbacks of the civil war 140 years ago...

2007 49.7608 Trillion dollars

Growth rate per day 2006-2007 roughly...12 Billion dollars a day.

2008 which we are only 2 quarters or 6 months into...51.0190

Growth rate per day 2007-to q2 2008 roughly...6.9 Billion dollars a day.

Hold the presses...

The growth rate of the money supply of the USA...has...slowed down to what it was over 6 years ago...

The recession of 2001-2002 was due to a slow down that doesn't even show up...and now poof...the money supply of the USA which has been growing faster and faster for basically 64 years has all of a sudden slowed...massively.

Well compared to last year...by how much?

First 2 quarters in 2007 was 47.3495 Trillion dollars

Growth rate per day 2006-to q2 2007 roughly...11.1 Billion dollars a day.

11.1 Billion - 6.9 Billion = 4.2 Billion Dollars a day less new money being requested by consumers to be manufactured by the commercial banking system...

To Oct 2008 using those numbers to estimate...1.260 Trillion less money flooding into the economy of the USA compared to last year...1.260 less growth of the money supply.

consumers have slowed their requests for commercial banks to manufacture new money...dramatically.

A reminder if you forgot...

The current situation is a credit crunch...A credit crunch happens when consumers become exhausted and are either unable or unwilling to request commercial banks to manufacture the required amount of money to sustain inflation of the economy.

Oh one other thing...

"Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation."--Ben Bernanke

The money supply is clearly not growing as fast as it was the past 6 years...

I can remember back in 2002 when Ben said...don't worry children...we have a magic weapon that can slay GOD...

And you all believed Ben...because you are sheep that haven't the foggiest clue how the economy or banking system operates...

The presses were not turned on or anything...from 2002 till now it was US consumers requesting commercial banks to manufacture all that new money...

Hell from 1944 to now it was was US consumers requesting commercial banks to manufacture all that new money see chart below.

All Ben said was...

"But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost."

And you all believed it...

I did not because unlike you all...I KNOW HOW THIS SYSTEM ACTUALLY FUNCTIONS.

I know there is no magic printing press...only sheep believe that myth.

I have to listen to you all rebroadcast the lie...year after year now.

700 Billion is the bailout but to date the growth deficit is 1.2 Trillion.

Your dreams of hyperinflationary slavation are going to transform into the nightmare of deflation one way or the other...

At this point there is still hope...

Because hyperinflation is still possible (It must be...you clowns are still waiting for it to show up)...and once it reaches maximum potential will be followed by a hyperdeflationary implosion.

or there is no hyperinflation and we just crumble from here and suffer a hyperdeflationary implosion.

Below is a chart shows the hyperinflation of the total money supply of the USA 1944-2008 that you are all unaware of...

The Hyperinflation caused by consumers requesting commercial banks to manufacture new money.

Where does all that hyperinflation go?







The hyperinflation shows up in places like China where it's exported to...

China implodes without the USA to pump it up.

The USA inflates the world due to it being made the demand of the world in 1944 with the US dollar becoming the Global trade medium of exchange...





"A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of an SEZ structure is to increase foreign investment. One of the earliest and the most famous Special Economic Zones were founded by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years"

That's some pretty massive hyperinflation...

"Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province, situated immediately north of Hong Kong. Owing to China's economic liberalization from the policies of reformist leader Deng Xiaoping, the area became China's first - and ultimately most successful - Special Economic Zone."

Guangzhou is the capital and a sub-provincial city of Guangdong Province in the southern part of the People's Republic of China.

"In August 1980, the National People's Congress (NPC) passed "Regulations for The Special Economy Zone of Guangdong Province" and officially designated a portion of Shenzhen as the Shenzhen Special Economy Zone (SSEZ)."

First consumers maxed out...causing the crunch...Which lead to the banks having to turn down businesses that were unaware that the US economy was caving in by looking at their business plan.

If the business is asking for money based on a business plan that is not taking into account the slowdown...then a bank can't supply a business with any money...or at least shouldn't.

But the bank can't tell people that a slowdown is in progress since they could cause an acceleration of it.

An the banks are not lending money...they manufacture money...actually credit...that is debt.

That's what commercial banks have been doing for 600 years...

Its just in the last 60 or so years that the peasants have started to become aware of it.

Rich people appear to run the show...last I looked.

It's kinda obvious...To me...long ago.

Have ruled for 1000's and 1000's of years...like try 6000 or so...

I keep showing the evidence and the nifty accounting tricks...the whole thing...but you all seem to think someone or something else runs the show...

Ah....because you all want to be rich...no wonder you all can't take it from there...

The top funds all sides so all the players are being positioned on the game board...

War is great cover for the collapse of the global trade system...Sorry people we must accept these austerity measures...

maybe they need the 700 billion to put the finishing touches on the scapegoat...

It's like this...spread some money around which will cause a very short term prosperity fooling people into thinking the bailout worked and that the economy is onto the road to recovery...then all you need to do is cause the war before the prosperity ends...

Then say dang...everything was going great...but then (Insert name of culprit here) caused (insert incident) and the economy is imploding...and we have to institute all these austerity measuries...what a rip...

The population will fall for it and demand blood...basically a replay of the solution to the 1929-1933 collapse of the global trade system.