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The Miracle Cure...?
Where and how is all of this going to end? We don't know, but we doubt the end will be anything but painful for all around.
The problems that were caused by too low interest rates and way to much credit and money creation are supposed to be cured by not merely more of the same, but by veritable wagon-loads of more of the same, for as far as the eye can see. It can and will do lots of things, but what it won't do is 'work'.
Money is not capital.
Creating more and more of it cannot help society at large, it can only lead to more malinvestment and capital consumption. For a while, it feels good, we won't deny that – but the amplitude of the boom-bust cycles keeps growing. At some point something will go very wrong, and when it does it will probably happen in a manner that indicates 'control has been lost'.
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Death to the criminal Federal Reserve.
and their shareholders, lackeys and mouthpieces.
Also, the spineless politicos who perpetuate the ponzi.
Dr. Antal Fekete has written extensively on how ever-lower interest rates destroy capital. I guess they just don't care.
The Fed and .gov don't care about you!
Prepare for impact.
They care about themselves and nothing for us, unless we have something they want that they can't just simply take.
Fed Res printed confetti is not capital, regardless of semantics like "interest rates".
fuck.
The problem is that the criminal s will be long gone when the shtf in 10 yearz. I feel they have so much power, the can keep this thing going for a decade. God I hope I'm wrong. Otherwise ill be in a mental institution
Learn Morse Groundhog. I'll thump messages to ya from the next cell. With my head, on the padding.
Author of this article should read Krugman more.
There's something about Paul Krugman that I find very disturbing. Especially those pictures of him holding his pussy.
Capital? Whats capital? There hasnt been capital in this sustem since . . .
We really need some capital...
punishment.
Arrest Janet Yellen.
"Uncle"
Or at least call Animal Control --- aren't they the ones who usually deal with rabid dogs?
Don't let her die a natural death.
An absolute shitfest of a hearing from our newest FED overlord and it is overshadowed by the Obamacare mess. Pretty sad day for America.
Miracles are all we have left to hope for. Our country is run by cowards and liars.
With your permission, might I add...
Sociopaths and thieves.
And savages our best and brightest:
http://www.fakenation.info/please/millennial-casualties-of-2013
The trouble with America is that you can still tell the truth, but afterwards you have to go hide out in Russia to avoid the American gulags.
waiter, moar hookers and blow for mr. blankfein's party. put it on the poor people's tab, table 7.
"Creating more and more of it cannot help society at large,"
It was not meant to help society at large. It was never meant to help society at large and never will be meant to help society at large. Society at large will do as society at large has always done, Suffer!
'But we just gotta pay 'our debts'. Even if the kids are starving and cold, and we're all wearing chains.'
The miracle would be if everyone just woke the fuk up, and stopped being naive, manipulated suckers. People forge their own chains and don't even know it.
The psychopaths have been taking advantage of that fact for centuries.
As an example, as LBJ used to board AirForce One, as soon as he got to the door way, but out of earshot - he'd grin from ear to ear to the crowd and say "You dumb sons of b*tches, I piss on all of you."
That's what they think of the people. Do you think the gangsters who snuck in the 'federal' reserve act on Dec 23 1913 felt any different about the American citizens when they did that ? Do you think O, or Bush before him, or Clinton before thought any different ?
They are psychopaths without conscious who love to manipulate, control, and hurt people.
Yeah, even the one you thought was 'your guy'.
BOJ was buying equities last night.....BOJ is bid equities tonight!!!
Japanese will bid EVERY LAST EQUITY SHARE and look you in the face and tell you-"All is well-Nothing is wrong"..............then stick a knife in his/her stomach and let YOU sort it out and fix the mistake!!!
We have to see Japan implode first.
A good old fashion currency crisis should take care of the fed.
The merry-go-round ponzi. BOJ and ECB buys US treasuries with fiat, the US Fed buys Euros and Yen, and the ECB buys yen. One huge circle-jerk.
Nothing to see here folks, just a dead economy, move along please ....
Where's my fucking interest bitcezzzz
u didn't earn that.
looky looky over there gold is getting a bid.
not to thread jack off, but just sayin...
back on subject; a fuckin disaster in the making.
workin a forty in the middle no where and the wifey is all in.
enough of the facts and she gets it.
thank the spirits of survival she can sew, can and kick some ass.
we be good steaden semi off da grid and livin it up!
power to the good people that will rise up and take this mess back
long trees, lamposts or anything firm and stable 8 feet up with a hoizontal limb ot just a knob will do...
long hemp for rope too.
blood.
a spot here and there or a pool?
spots can be interesting.
where the trail ends is when it gets interesting...
Authority, when first detecting chaos at its heels, will entertain the vilest schemes to save its orderly facade.
V
well said 'bro...
alright enuf of this non-sense; see what friday brings.
ramp to da moon; dow 16k caps out to the printer
s and p 1800 shirts. shit 20k 2000 by 2014...
vramp this bitch bitcheez!
(via Pater Tenebrarum's Acting-Man blog)
With due respect to the blogosphere...
"At some point something will go very wrong, and when it does it will probably happen in a manner that indicates 'control has been lost'."
When those with a voice and audience consistently fail (refuse?) to address corrupt points of control as a priority, and therefore effectively sit back and watch, it is certainly guaranteed that all sorts of things will eventually go very wrong.
There is something pathetic going on here.
"The whole Fed Ponzi doesn't crash until the fat lady sings...."
With Yellen we have the fat lady, all we need is for her to sing.
Is this a junior high school essay?
seriously….
jb
Capital we have in OVER supply. There is a persistant 20% overcapacity to produce in the US itself. Idle workers and idle factories are the calling card of this truth.
What we do not have is DEMAND. And you cannot have demand if the wealth from ever more efficient production systems fails to aggressively share the wealth with the workers and the overall society.
This is the central paradox of a capitalist system. And it always get's smoothed out in the end through bloody revolution.
Its not true capitalism until there is a cost of capital or market driven interest rates. We live in the land of zero borrowing and a fed that is printing 30% of what the gubbmint is spending. With that much govt intervention capitalism is dead n buried RIP...
"What we do not have is DEMAND."
What, you think we're all Shaolin Monks or something here?
Tommy?