Quote:
Originally Posted by onwebcam
They intentionally caused the Great Depression to get what they wanted and are doing it again.. Never had a crash?
1 Wall Street Crash of 1929
2 October 19, 1987
3 The Crash of 2008
4 May 6, 2010 Flash Crash
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The facts surrounding the crashes do not support your theories just like crashes before the Fed Reserve don't support your theory.
The big crash, people borrowed money THEN invested the money on inflated stocks. The market had more stocks sold on loan than the entire eco had in money in supply. When you buy inflated stocks with fake borrowed money, chances are it's going to fail, even more so when we didn't have the money to pay out on it.
Heck I think the quality of life greatly improved 'after' the creation of the Fed Reserve, fake or not.
Quote:
Originally Posted by onwebcam
Just to name a few and all due to the Feds monetary policy
And fresh off the press.
The bankster operative who helped destroy Glass-Steagall is back.
Larry Summers, Obama’s top economic adviser, has told Congress to “grit its teeth” and approve a fresh fiscal boost of $200 billion to keep growth on track, reports the Daily Telegraph. “We are nearly 8m jobs short of normal employment. For millions of Americans the economic emergency grinds on,” he said.
The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the stimulus boondoggle.
“It’s frightening,” professor Tim Congdon from International Monetary Research told the Daily Telegraph. “The plunge in M3 has no precedent since the Great Depression. The dominant reason for this is that regulators across the world are pressing banks to raise capital asset ratios and to shrink their risk assets. This is why the US is not recovering properly,” he said.
No precedent since the Great Depression. Meanwhile, the corporate media has the public obsessing over Lindsay Lohan’s court-ordered ankle bracelet.
The M3 is a measure of the money supply. It began tumbling last summer. The stock of fiat money fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6 percent. The assets of institutional money market funds fell at a 37 percent rate, the sharpest drop ever.
In 2006, the Federal Reserve stopped publishing M3 figures. The Fed said it did this to save money. Nonsense. It did this to stop you from understanding what the big boys are doing with the money supply. It allows them to more effectively cook the books and keep you in the dark. It allows them to portray the largest economic crisis in history as a recovery.
http://www.prisonplanet.com/fiat-mon...ion-level.html |
Nothing from prison planet is fresh off the press...
But let's play the game anyway. When a raw material is first found and some products created - at that point they first paid for. That's the "real value" - if you're shoe really cost $10 to make - that's it's "real value."
However because we have a recycling money supply (amount of money makes no difference) "WE the People" increase or decrease the value of the goods based on demand. Money is another good, and we effect it the same way however it's value is based on our ability to keep producing wealth (ie: moving money).
If you inject a huge amount of money into our system, it will simple cycle itself out because we as a society and world economy repurchase the same already paid for raw products, over and over again - much done on debt. It keeps the cycle of money moving, when it stops moving - then you have problems.
Which is why they injected more money into the eco after every major crash. They start the money flow again and the repurchase cycle starts back up and the eco fires over, jobs get created, etc.
I agree a 100 times over with ya it's nasty ass system. However the Fed Reserve and it's ability to allow you to create wealth is far beyond anything we could have ever had 100 years ago. So knocking it rather than working with it, is.... crazy.