tag:blogger.com,1999:blog-32972305.post7624048098620732248..comments2024-03-20T18:35:40.565-07:00Comments on Hypertiger Wisdoms: Economic SuicideUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-32972305.post-40716826050359311852008-07-14T13:56:00.000-07:002008-07-14T13:56:00.000-07:00Hyper, I disagree with your premise that what was ...Hyper, I disagree with your premise that what was done since 1992 has kept the system on the tracks. While all Fiat Money will always go to zero, it's length till doomsday is determined by the actions of the theives in all their various forms. We could have continued with a modest yearly increase in the inflation of money and credit for many years if not decades, but the crooks in suits decided to let the animal spirits run wild. I certainly understand the concept of the exponential growth of money and credit in order to keep everything going, but the greed displayed by the suits killed the goose that layed the Golden Egg, and it was the last of it's species.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-26788689198811267972008-07-14T11:24:00.000-07:002008-07-14T11:24:00.000-07:00"Again, I don't disagree with your premise on Frac..."Again, I don't disagree with your premise on Fractional Reserve Banking and Fiat Money, but what was done since 1992 has sped this already speeding train right off the tracks."<BR/><BR/><BR/>What was done since 1992 has kept the train ON the tracks, without which we would have imploded.<BR/><BR/>There's no more tricks to pull out of the hat now.Cheryl-Lynné https://www.blogger.com/profile/04287413113144831041noreply@blogger.comtag:blogger.com,1999:blog-32972305.post-54605536704881684792008-07-14T09:54:00.000-07:002008-07-14T09:54:00.000-07:00This should be helpful insight into the debacle:Wh...This should be helpful insight into the debacle:<BR/><BR/><B>What (Really) Happened in 1995?</B> <BR/><BR/><B>How the Greenspan Fed Screwed Up in the Mid-90s and set the stage for the Greatest Financial Bubble in the History of the World.</B><BR/><BR/><BR/>http://www.itulip.com/forums/showthread.php?t=292Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-39550399200815300922008-07-14T09:43:00.000-07:002008-07-14T09:43:00.000-07:00Hyper, the rules/Law did a damn fine job for 80 ye...Hyper, the rules/Law did a damn fine job for 80 years. They knew exactly what they were doing in deep sixing the Glass-Steagall Act, and so the debacle has come to pass. I might add that Greensplat being a carnival barker on new fangled mortgages did his part, and then CONgress did their part again by changing the Bankruptcy Laws just in time for the melt down and servitude of borrows to their credit masters.<BR/><BR/>Rules/Laws work until those living when enacted are no longer here to warn the stupid borrowers that they are digging their own graves with shovels made in China.<BR/><BR/>Again, I don't disagree with your premise on Fractional Reserve Banking and Fiat Money, but what was done since 1992 has sped this already speeding train right off the tracks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-31291575199777021832008-07-13T17:49:00.000-07:002008-07-13T17:49:00.000-07:00The entire fractional reserve structure is not in ...The entire fractional reserve structure is not in any ones control, it is never has been. The Fed can only TRY to manage credit creation, but ultimately they do not control it. The wizard of Oz is about to be exposed.<BR/><BR/>Compound interest demands its payment. The system is inherently unstable and about to implode.<BR/><BR/>This collapse will be equivalent to the fall of the Roman empire. It will take many decades, perhaps centuries to come back from it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-68336136340564676072008-07-13T12:49:00.000-07:002008-07-13T12:49:00.000-07:00The Fed no longer has power over the economy. The ...The Fed no longer has power over the economy. The economy is now limited by energy which the Fed can neither create or destroy. Interest rates will now rise and there is nothing the Fed can do. The Fed Funds rate is a government propaganda tool like the CPI index.<BR/><BR/>It's going to be fun imploding to oblivion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-18992729584185542882008-07-13T10:59:00.000-07:002008-07-13T10:59:00.000-07:00"The last recession rates dropped from 6.5 to 1% a..."The last recession rates dropped from 6.5 to 1% and the one before that from 10% to 3%. and the one before that 18% to 9%."<BR/><BR/>Now its 5.25% to _____.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-22156879652599600582008-07-13T09:57:00.000-07:002008-07-13T09:57:00.000-07:00"Glass-Steagall did a damn fine job of controlling..."Glass-Steagall did a damn fine job of controlling free will and animal spirits. Once that Depression Era Law was done away with, so was the ability to control the greed that always and forever permiates Wall Street. The law was done away with under Bill Clinton, The NAFTA "let's give all our jobs away" under Bill Clinton, and last but certainly not least, the membership of China into the WTO under BIll Clinton. Dodd who runs the Banking Committee, got a sweetheart deal through Countrywide, but it's because he has good credit..."<BR/><BR/><BR/>All 'rules' to delay the inevitable. Once the inevitable day of reckoning was once again on the horizon, the rules were changed or repealed to again delay the inevitable. <BR/><BR/>The rules did nothing but slow the process by throwing a veil over it. 'See there's no inflation, this made in China doodad used to cost $25 - now it's $10 at Walmart!'<BR/><BR/>Without offshoring, that doodad would have cost $50 and even the blindest, dumbest, most worthless Americans would have known what was going on.<BR/><BR/>American greed was never controlled - it simply found other venues. Rules do not stop freewill - rules do not stop greed. <BR/><BR/>There aren't any 'rule' changes that are going to save us this time...Cheryl-Lynné https://www.blogger.com/profile/04287413113144831041noreply@blogger.comtag:blogger.com,1999:blog-32972305.post-52838350075577703592008-07-13T08:02:00.000-07:002008-07-13T08:02:00.000-07:00"In Germany the inflation took months to reach max..."In Germany the inflation took months to reach maximum potential (It's why hyper is added to the word inflation) while in the USA it took years and in the case of the current inflation to maximum potential...decades..."<BR/><BR/>The next inflation, after this one Hyper is discussing, will take centuries, just a little under ten "then he will be loosed for a little season" by people who again forgot. This one is being so well documented and catalouged, interpreted and argued, and will eventually be taught in home gradeschools and single mastery academies. But learning and holiness must be appreciated {therefore - remembered} to be nurtured.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32972305.post-30621529235042416992008-07-13T06:24:00.000-07:002008-07-13T06:24:00.000-07:00Freewill...rules do not stop freewill...attempting...Freewill...rules do not stop freewill...attempting to stop freewill with rules will never succeed...<BR/><BR/>The Hell it doesn't! Glass-Steagall did a damn fine job of controlling free will and animal spirits. Once that Depression Era Law was done away with, so was the ability to control the greed that always and forever permiates Wall Street. The law was done away with under Bill Clinton, The NAFTA "let's give all our jobs away" under Bill Clinton, and last but certainly not least, the membership of China into the WTO under BIll Clinton. Dodd who runs the Banking Committee, got a sweetheart deal through Countrywide, but it's because he has good credit...LOL!...are you f***ing kidding me?<BR/><BR/>Both political groups are actually organizzed crime families who provide protection for tribute. You have to be a moron to believe either group give's a rat's ass concerning J6P.<BR/><BR/>Go back to the old rules, and you f***ing get rid of all this nonsense. 2 and half to 3 times income, and 25% of gross on the house and 33% on all debt. Period and end of story.<BR/><BR/>I agree with you concerning where we are headed, but they moved the process along at warp speed with all the new fangled instruments. <BR/><BR/>We are totally screwed.Anonymousnoreply@blogger.com