Showing posts with label QE. Show all posts
Showing posts with label QE. Show all posts

Monday, May 9, 2011

Krugman proving once again what a grade A moron he is

http://krugman.blogs.nytimes.com/2011/05/08/the-inflation-monster-under-the-bed/



One time consumer price increase?
say what? so all the money printing that never ends and ends up going into commodities is a one off event?
Seeing as we are are on QE2 its now the second time and as you know there will be QE to infinity therefore infite inflation until the whole system collapses ala Weimar.
We have the worst possible environment. Prices go up but wages stay low. hmm but thats ok with you?
Your'e a moron or a prostitute for the Bernanke, which is it?
I hope you and Bernanke go to jail where you both belong.
If you actaully had to work for a living in the real world I do not think you could say what you do.
What was the one off payment you made for your qualification as a professor?
you and all Keynesians should have been shot at birth
You think its ok to mess with the natural business cycle I think its ok to mess with the gene pool and take people like you out of it

Saturday, April 23, 2011

QE explained for dummies



This has to be watched by everyone on the planet right now to understand what is going on.
I know for some people they believe everything they read in the MSM and are told QE is ok
but the TRUTH is something far different. QE is money printing. Nothing more or less

hyperinflation or Deflation?

This is the key question right now.
This is the biggest credit bubble ever blown in the history of the world and thus it will be the biggest bust
ever known. Forget what the Keynesians clowns like Krugman tell you about deficit spending etc
the truth is that once a bubble has burst there is really nothing you can do other than blow a knew one.
The truth is that bubbles should not be blown in the first place. The bubbles are the problem , the depression/recessions are the solution to correct for excesses and malinvestments. But oh now we cannot allow the market to act in the way  it should. Let the debtors and those loaning out  money that
cannot be reapaid to take their medicine. Oh no that would mean people like Jamie Dimon and Lloyd Blankfein would be doing a real life trading places. We can't have that can we, after all they are doing gods work and besides they promised their wives  a knew pad in the Hamptons. So to prevent the correction they print money and give it to these banks at near zero cost to keep stocks afloat and the banksters bonuses intact.
Thats right these banks have now produced record profits not from lending money but from being given free money to trade with on the open markets with their high frequency trading computers, and thus inflate assets and then sell off to some unsuspecting dupe who believes in the recovery story. Nice work if you can get away with it and they do. We all have to work for a living but the TBTF banks get given money for free
to gamble and do "gods work" with. What a sick joke but unfortunately the jokes on us as the citizens of the US are about to find out as their dollar becomes worthless. Thats right ! If QE continues then the dollar is toast and we will have a hyper inflationary depression.IF QE stops then market forces take over and stocks and assets crash leaving the dollar strong. Thats the choice as I see it. I think the latter one is better for all of us. Stoneleigh at Automatic earth and Bob Prechter still  believe in a debt based system that the latter will prevail anyway and I hope they are right. As long as you have an income and savings then in a deflationary depression people will be ok. Indeed that the only morally correct thing to happen as then people learn  not to take on too much debt, the savers get rewarded and buy up the assets of the imprudent. Thats how things are meant to work in a capitalist system but we live in a system that has been hijacked by the big banks and corporations who have also hijacked the economics profession to say we need Keynesian stimulus with shills like Krugman. Thus as long as the privately owned FED is in charge the n they will continue to print money IMHO, thus expect hyperinflation.
What can you do about this?
Buy Gold and silver as they have always been a store of value and given all currencies look debauched at this moment, Gold and silver provide the only safe haven. Indeed if you follow Max Keiser you will know that JP Morgan hold vast amounts of naked shorts in Silver. This was exposed by Andrew Maguire http://news.silverseek.com/SilverSeek/1288625817.php so we can get our revenge by buying PHYSICAL SILVER. This will crush the naked short holders.
Or failing that REMOVE the FED FROM POWER.
The people of the US need to wake up to this fact

Friday, April 22, 2011

No Mention of the real criminal

Obama must think we are a bunch of c*nts with no independant thought.
http://globaleconomicanalysis.blogspot.com/2011/04/team-obama-targets-oil-traders-and.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
Blaming the oil price rise purely on hoarders and speculators.
No mention of the real reason IE the Chairsatan , the Bernank is printing trillions of dollars.
He is printing more than Mugabe ever did.
What does this do the the dollar? It drives its value lower of course but all commodities priced in dollars
have not lost their value hence they rise in dollar terms. This is simple economics/maths, obviously too much for the empty suit who promised change.
That is why we have the revolutions around the middle east now
People cannot afford to eat because of the FEDS mandate to bailout all the banksters at any cost by printing money (QE) and giving it to the banks . Of course they then speculate on the markets but its Obama and the FED who promote it. These people then riot and as its in oil rich nations such as Libya the price of oil then rises even further. A vicious circle. Heh but we then have to protect them right ? Yeah thats right we then have to spend even more tax payer money that we don't have to protect the very people that riot
BECAUSE OF THE WESTS MONETARY POLICIES.
If you want to stop the rise in commodities such as oil and stop the wars then remove the FED from power
stop printing money, and let the markets find their true value.
Thats right and let the market set interest rates and not a Zionist puppet in a suit hiding behind academic books in a central bank