Thursday, October 4, 2012

Quantitative Easing

1 comment:

  1. Ben Bernanke can't print "money" fast enough. Or at least what he would have you believe is money. Helicopter Ben should just get his dumpy ass to the nearest airport, squeeze into the biggest helicopter he can find, load up massive amounts of fiat rubbish and then fly all over the nation, dropping his load all along the way. At least that way the common man could spend it all before it becomes worth even less. That's essentially what he's doing, except the benefactors are not you and I, but rather the banks. You know, the same banks that are fully responsible for our economic turmoil in the first place. The "Too Big To Fails."

    Here's how it works, and its actually quite simple. What happens to the price of oranges if there is an exceptional crop where massive amounts of oranges flood the market? That's right, the price of each orange goes down. Pretty basic, huh? It's no different with Ben's printing presses. The more dollars he creates, the less each dollar is worth. And how do you know when your dollars are losing value? Exactly, when you watch prices go sky high on the things you buy every day. People are mistaken when they perceive that the value of these items are going up. They are no more valuable then they were the week or month before. Their value has not moved. It is the value of the dollar that has moved. Its movement just happens to manifest itself through the perceived movement of product value. There is one thing that happens before those dollars flood the market and your prices go through the roof. Those dollars are put into the hands of the bankers. And what will the bankers do with it? They'll buy up every damn asset they can get their hands on while their newly "stolen" dollars are still worth something. That way THEY get the most bang for their brand new bucks. That's because while they buy up anything that isn't nailed down, the market hasn't quite caught up to being "flooded." But then, when the market realizes that it's overloaded with these dollars, there goes your grocery prices! There goes your clothing prices! There goes your power prices!

    So you and I get kicked in the crotch and our lives put at risk, while the banks essentially get free money (trillions) given to them by the Federal Reserve. And then the Federal Reserve doesn't do it free of charge so it is you and I that have to pay the money back. So here's what happens in simple terms.

    1. The Federal Reserve gives (almost) free money to the banks.
    2. You and I pay back the Federal Reserve for what the banks get.
    3. The banks wait for the economy to worsen.
    4. Small businesses and small farmers default left and right as the shit economy that the bankers caused puts them out of business.
    5. The banks come in and buy up every asset they can find, because they are the only ones with any money.
    6. You, me, the small farmers, and the small business men and women all go broke and into default even further, walking away from hard assets, while the banks continue to buy them all up for pennies on the dollar.

    What do you have when the dust settles? You have banks that own every frigging piece of our nation, and who hold every single bit of wealth, while you and I turn into paupers and haven't the finances or the means to stand up to our overlords. And what will follow in such a scenario? Tyranny. Plain and simple tyranny. You think your life is overly controlled by the Federal Government now? You ain't seen nuthin yet.

    And if you're new to all this, yes, go with your gut feeling on this one. It is, indeed, a scam. A big, fat, deliberately choreographed scam.

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