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Is The Fed Going To Attempt A Controlled Collapse?
Originally posted at NotQuant.com,
As most Fed watchers know, last week was interesting because Janet Yellen, speaking at IMF came out and said something quite surprising. In a nutshell, she said “It’s not the Fed’s job to pop bubbles”. While many market participants immediately took this to mean, “To the moon, Alice!” and started buying equities hand over fist, there’s another possible explanation for Mrs. Yellen’s proclamation of unwillingness: The Fed could be preparing to do exactly what it said it wouldn’t.
Here’s a quick re-cap of events: In the recently released Annual Report of the BIS: Bank for International Settlements (commonly thought of as the “central bank’s central bank”) the BIS made a rather ominous recommendation to it’s member banks: Pop this bubble now. Their specific language wasn’t quite so direct, but the message was just as clear.
The risk of normalising too late and too gradually should not be underestimated… The trade-off is now between the risk of bringing forward the downward leg of the cycle and that of suffering a bigger bust later on .
Few are ready to curb financial booms that make everyone feel illusively richer. Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms,” …
“The road ahead may be a long one. All the more reason, then, to start the journey sooner rather than later.”
As we noted last week, there are a couple of fascinating things to note about this recommendation. First, for anyone who thinks that the concept of intentionally crashing the stock market is the stuff of conspiracy theorists, that notion is now dead and buried. It’s extremely clear from the BIS’ language, that the concept of initiating a collapse is openly discussed as a policy measure. This was a direct recommendation to bring on the crash – or as they say so colorfully, to “bring forward the downward leg of the cycle”.
More kabuki?
But what else is fascinating is that just days after the BIS report was released, Janet Yellen seemed to counter the BIS in her presentation to the IMF:
“At this point, it should be clear that I think efforts to build resilience in the financial system are critical to minimizing the chance of financial instability and the potential damage from it. This focus on resilience differs from much of the public discussion, which often concerns whether some particular asset class is experiencing a ‘bubble’ and whether policymakers should attempt to pop the bubble. Because a resilient financial system can withstand unexpected developments, identification of bubbles is less critical.”
What Yellen seemed to be saying — quite possibly in direct response to the BIS’s recommendations — is that the Fed isn’t in the business of popping bubbles, nor does it see a reason to intervene in their development.
So to summarize: The BIS publicly recommended popping the bubble now… and Yellen said no.
So what’s going on?
We could take all of this at face value if we chose: The BIS playing hawk, and the Fed playing dove. And that might well be the case — as to some extent Yellen is still something of an unknown entity.
But there is one more twist to the puzzle: Yellen has openly stated that she would not be offering clear guidance to the market as her predecessor had advocated. The age of Fed-glastnost is apparently coming to an end.
So indulge us for a moment as we present another possibility:
Yellen is going to orchestrate a controlled collapse. Or, at least one which we hope is controlled.
There are political considerations to be made, however: The Fed, which has not only come under intense fire for overt market manipulation, but which is also deeply concerned with market perception, simply cannot afford to be perceived as an instrument of the market’s collapse. To be seen as the instigator of a crash could do irreparable harm to the institution.
Pop bubbles? Who us?
So just maybe the Fed fully intends on heeding the advice of the BIS, and is strategically positioning itself as a stalwart dove to shield itself from the public fallout of it’s orchestrated financial calamity. A particularly sound play from a political perspective in the event that things don’t go as smoothly as planned.
One thing is certain at this point: An intentionally orchestrated crash is the direct recommendation of the BIS, per it’s annual report. That this action exists as a potential policy measure is now confirmed.
The remaining question is: Would the Federal Reserve pursue such a policy measure openly, or behind the same curtains from which most of their historic policies were enacted.
As we re-think Mrs. Yellen’s speech to the IMF, we are less certain that the Fed is as unwilling to intervene as Mrs Yellen would have us believe. Bringing forward the next leg of the cycle, may well be on the Fed’s agenda.
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Lol
I hate this "reading the tea leaves" bullshit.
Will there be dancing Israelis again?
"Yellen is going to orchestrate a controlled collapse."
There won't be any collateral damage.
I love you.
The Check is in the mail.
I won't cum in your mouth.
Yellen goes WTC-7 truther?
Grab your umbrella...and your ankles.
Your knees will be fine. It won't take long.
the rich will buy up real wealth for pennies on the dollar - the plan all along.
Think of what happened to Russia under Yeltsin....
Funny how a tiny minority ends up being a solid chunk, if not the majority of billionaires in country after country, eh?
Thank the fiat/frac reserve money system and private central banking.
Not that TPTB are going to go after the private central banks or the mega "private" multinationals...
But the fiat is the key to their power.
That and control of the news and entertainment media, but you guys know that already.
Hmmm, my name is not on it:
http://theredpillnetwork.tumblr.com/post/91140903365/fascinating-graphic...
http://www.realstreet.co.uk/wp-content/uploads/2012/07/bilderberg_diagra...
Very interesting and honest analysis. However, while collapses that are limited to cultural or sovereign borders can certainly occur (because the oligarchs have place to run and hide) I venture that in a truly global collapse things will be very different.
Interesting times.
Who's gonna sell?
What else CAN they do? It is GOING to collapse, that much should be certain. So, why wouldn't they try and get behind it, to see if they can control it somehow?
The alternative would be to sit by and just watch it happen. They have to know they are going to get the blame anyway, so why not try and do something that MIGHT lessen the blow?
Really, the only question is who is going to be allowed to get crushed and buried beneath the rubble.
Lessen the blow? You think they want to lessen the blow? LMAO!!
She took the Who’s feast, she took the Who pudding, she took the roast beast. She cleaned out that ice box as quick as a flash. Why, the Grinch even took their last can of Who hash... [/How the Yellen Grinch Stole Christmas]
Unlike Buzz below (and I respect him/her), I do NOT believe that TPTB are willingly wanting to upset the apple cart that has delivered them the fruit.
Change is NOT static. One event leads to yet another event. While some PTB might not be all that bright I do not believe that this is the typical case: at some point they have to KNOW/UNDERSTAND that paper cannot protect them- the shield of "property rights" ultimately fails when starving humans turn toward their base animal instincts.
Yet another attempting to second-guess micrometer-thin nuances in official word clouds. Sincere good luck.
yellen believes the fed's job isn't to POP bubbles but rather to BLOW MOAR bubbles. we also know at exactly what level on the s&p the fed will defend with the impending great untapering. ye olde pump and dump. keep your powder dry bitchez.
The financial claims far exceed the potential production. Collapsing claims seems pretty sure to happen, or big inflation must ensue. Pick one.
I pick both. It has been my suspicion for a while now that equities will be allowed to collapse so that the CFPB or some similar such entity can step in and say to those with 401ks and whatnot "Since the stock market is no longer safe, and you've just taken a big hit, we're going to step in and 'save' you by mandating that a minimum percentage of retirement accounts be in MyRAs." On the other side of the equation, I see shadow banking coming unwound, again, and the only option to stop the financial system from locking up overnight is to print MOAR. This is the Kobayashi Maru for the Fed, and it ain't no Captain Kirk.
You do realize that a minimum percentage of all 401ks and pensions are already in the sovereign debt "market" right?
When the push comes, it won't be bonds you will be forced own, but something like an annuity that punishes the people who saved the most in 401Ks and IRAs, and rewards everyone else.
Yes, the Bigger Suckers!
And, as more and more people become disenfranchised they will have played those cards (and will no longer hold them). I have a feeling there far fewer "available" USDs hanging out in 401ks/IRAs than most realize: and if it were known THEN we'd likely see the need to panic...
The thought that there can be a "controlled collapse" is laughable to anyone that has a couple of brain cells to rub together (that leaves Yellen out). Any whiff by the masses that things are less than copacetic, and the whole system collapses and breaks. And all the king's horses and all the king's men will not be able to put it back together. It's going to be ugly.
The masses are called masses 'cause with both hands they can't find their asses
When their world collapses and goes up in flames
They'll look to the TV to find who's to blame
Hey Tyler, Take crazybob's que. Humpty dumpty should be a theme at ZH, and source of many a title for articles
And then there are the mid term elections
Ms. Banker elite please bring the leg of lamb forward.
No! I shant.
Tie her to the railroad tracks.
Music please.
IF it is controlled than it is NOT organic.
This implies a conspiracy to engineer and expropriation of assets via removal of monetary accomodtion or outright premeditated market sabotage.
Creating manias and panics certainly would make informed insiders who front-ran either transition phase very very rich indeed. Rich from expropriation; not through productivity or ingenuity or determined labors...
Purposefully manufacturing panic and crisis specifically to personally benefit from the fear and chaos generated meets my definitions of sociopathology and treason.
This has all been setup through option manipulation... There is a reason VIX is so low while SKEW so high...
An "organic" mean reversion from a manipulated bubble to a more normal equilibrium is not necessarily an optimal result (think overshoot). I don't think they can control it, but I don't see any harm in trying (but no more printing -- please!) ....
Let the call selling by the insiders begin!
Controlled like a building demolition I suppose - so it will happen fast, but at least the rubble footprint will be localized. You know, like the WTC towers.
Which is why it will have to be soon. to avoid losing control in the chaos.
tick tock.
...and building 7, with all that treasury paper....
Those were controlled demolitions? You mean....? Noooooooo! It all looked so real.
And on the USD it says "In God We Trust," and has this really cool pyramid* on it. Geez, that HAS to mean that it's real!
* Ahem, folks don't seem to take note that the Note itself is a flaunting of the [Ponzi] Game!
The internal imbalance in the market was created over 24 months by using QE as infinite leverage and painting the tape through option manipulation (e.g. selling calls and driving them into the money while profiting from killing the puts). The "market" is almost perfectly positioned against fundamentals and the VIX is near record lows because the Fed and its owners know what they have done. Use their games to your advantage. Sell all float scams (MOMO stocks, with NFLX at the very top of the list), raise physical cash and buy gold. The Fed, BIS and all the rest of the instititions that have effectively stolen from the rest of us for generations (through financialization that has created orders of magnitude more financial assets than real ones...) are pinned if we can simply use our brain and act like investors again...
"if we can simply use our brain and act like investors again..."
When "investing" itself has always, in terms of "economics," been based on the growth Ponzi?
The internal imbalance in the market was created over 24 months by using QE as infinite leverage and painting the tape through option manipulation (e.g. selling calls and driving them into the money while profiting from killing the puts). The "market" is almost perfectly positioned against fundamentals and the VIX is near record lows because the Fed and its owners know what they have done. Use their games to your advantage. Sell all float scams (MOMO stocks, with NFLX at the very top of the list), raise physical cash and buy gold. The Fed, BIS and all the rest of the instititions that have effectively stolen from the rest of us for generations (through financialization that has created orders of magnitude more financial assets than real ones...) are pinned if we can simply use our brain and act like investors again...
Your "plan" only works if people start demanding physical.
It would be better, but GLD will work. It was the source of physical for China for the past few years as they sold gold futures to acquire physical at rock bottom prices. If demand for GLD goes up and there are inflows, then new baskets get created and they need to get physical. Legally speaking, short interest in GLD is limited, unlike futures... So, all people really have to do is take 1-2% of assets and buy GLD and TPTB will be in a world of hurt. Hell, NFLX alone (don't look at the fact that almost all cash flow has come from financing activity... and off BS liabilities are an issue) could buy most of the GLD. There are orders of magnitude more Scamopoly Stox (built on Bernanke Bux) than GLD. Even a small shift from the community on THIS BOARD would change the dynamic...
So who's the fallguy? Can't do the Kansas City Shuffle without a body. Somebody is going to take the fall.
If you look around the room and aren't seeing one...
I suggest that it's ALL OF US! We've been regularly programmed with the propaganda to turn on ourselves (as we protect TPTB [because we want to be like them- not be one of the dirt dwellers]).
I don't think they understand the definition of "collapse".
I can't stop laughing!!!...
mutually exclusive
bunch of oxymorons!
Yellen..."The FED was stabbed in the back!" That line worked once before...worked well for another high profile professional organization....can you guess my name?
If the FED pops the bubble then they become like the coach of the Carioca football club now at 0/6 against the Mannschaft.
Some collapses are unintended consequences of past decisions!
Mr Scolari, we want your head on the block. To be followed by Mrs Yellen!
Let the guillotine games begin!
It was several years ago that I, right here on ZH, put forward the hypothesis that the Fed would be the bagholder, that they would suck up all the bad debt and collapse. The Fed is "independent" from the US govt and would therefore end up being scapegoated by the US govt. The bankers, after being allowed to live all this time, will be pardoned (and saved from sure execution) by going down with the ship: of course, they won't be held responsible and will have their golden parachutes, free to rise again (if the opportunity should come to pass).
While there could be cause for celebration it will only be short-lived as there will still be the issue of us being basically broke and in debt (and with environments in decline).
so pessimistic! tsk tsk tsk
There's clearly no bubble, and even if there was the greatly increased resilience of our proud finanical institutions (with their improved capital ratios), high domestic employment, and increased regulatory scrutiny -- all in the context of lessons well learned from previous downturns -- means there's really nothing to worry about.
/sarc (duh!)
when they use a word like resilience you know it means the exact opposite
Interesting question but my own opinion is we are in "cover-your-ass" territory now, which, briefly,
means alot of supposed experts, people in positions of authority, etc., are saying "this isn't/may
not end well", so that if/when things do fall apart again they will be in a position to say, "Well, I did warn
of this" and therefore maintain their professional credibility. It's a win-win situation really - warn of
dangers and if they do not materialize, no problem, no one will remember what you said anyway.
Warn of dangers and they do materialize and you can say, "See, I did warn of this."
A controlled landing of the Hindenburg Omen? With Global Death Cross blaring in the background !! DUDES!!!!
When reality leads to certain disaster then why not try fiction?
Send the Federal Reserve to rehab.
Her name is Janet, and she's a printing addict.
She cannot stop printing.
She hides the printing press behind the sofa.
Shame and guilt, Janet?
So, Janet, as your facilitators we, the govt, want you to hand over that printer to us where we will ensure that the "will of the people" will be adhered to...
Controlled collapse...no such thing. Soon after such a collapse, the march on DC would begin to oust the Kenyan and his tranny. They know it and we know it.
Makes sense.
Today, with inverse ETFs, you can make money as stocks tumble.
And those who find out just before (wink-wink) will be buying up these.
Could be ...
I offer this -- Just how far out of whack are relevant numbers now?!
Look shortly below the first chart here for -20% and -52%.
http://www.showrealhist.com/RD_RJShomes_PSav.html
And see the first four charts here.
http://patrick.net/forum/?p=1230886
Controlled collapse.
Then a zombie apocalypse, as the lower and middle class devour eachother.
And the wealthy escape as always.
Or do they?
To be continued.
Building 7.
SEC records bldg. Too many 3 letter orgs to list.
Ghoul headquarters.
Building What. Google it.
the chicken came to roost
THE FED IS NOT GOING TO BE RAISING RATES FOR YEARS! KAPICHE?????
The Fed is going to do exactly what they said they would do last year...wind down QE. THE END.
All that's left is HAMP and "the mellienium falcon" will blast off just before the whole hymie deathstar goes Kaplooey.
TOO BIG TO FAIL IS DEAD.
Everyone "called in their chips" in 2008...the State is now a rational actor...there will be no more bailouts. Obviously this is not what they're telling their clients on Wall Street...schmoozing this, sweet talking that...but Janet Yellen and the Fed are for all intents and purposes "setting sail for the promise land."
The actual grizzled veterans of Wall Street will tell you: "Wall Street rallies on policy certainty." That's aberration in the world of finance...and worth a bid. This recession...and indeed it is one...was not the Fed's fault.
No one keeps interest rates "too low for too long." That's friggin Wall Street GIBBERISH.
Unfortunately for you asshat, ZIRP and NIRP are far, far more destructive.
"the State is now a rational actor..."
'Rational'? 'The State'?
Do You mean the bi-partisan Dem/Rep administration and Congress that have been funding violent extremist foreign mercenaries, and allocating more money to be spent per interdicted illegal alien than the median per-capita annual gross income of the Citizenry, simultaneous with demanding the disarmament of the Citizenry?
The Administration and Congress that 'enjoys' the lowest approval rating in the history of polling such sentiment?
Vet, from a fellow Vet, what fucking planet did you come from?
false flag alert high
Regardless of what you name it the "Federal Reserve Nightmare" or the "Yellen conundrum", the box Ben Bernanke made when he painted both himself and the Federal Reserve in a corner remains. Bernanke has by passing the chairmanship to Yellen escaped from the QE trap but left the rest of us fully in its grasp.
With a policy of loose and cheap money and an inflation target of just 2% the Federal Reserve continues to please those gambling that not fighting the Fed guarantees profits. As many Americans are forced to pay higher food, gasoline, and health insurance premiums, I wish someone would let the Fed know we are already there. Any thought that inflation is not higher has come from the false illusion brought from lower payments on things like auto loans and mortgages, this is a one off and will not continue. Trouble lurks ahead. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/06/exit-strategy-from-qe-remains-elu...
A controlled collapse by the FED???
Well lets see, they can create all the money needed, they can distribute it accordingly, they can generate all the propaganda necessary through a captive MSM, they own DC, and by most reports over 79% of the population just plain does not give a single shit.
So will it be a controlled collapse??? I bet not.............. By design, you gotta have fear to implement sudden radical change..
Desperation is setting in. Every monkey is coming on board for the crash straight UP.
If only i had some of that 70s acid im sure i will need it in the next few years.
I dont see anything that would cause the market to drop in half, but im seeing more each day thats starting to look like dow 40k. Just move the decmal point and you may see it too.
She will kill so many people.
san pedro
Slik Road, trippy.
"I dont see anything that would cause the market to drop in half,"
Of course not. The Market's shit don't stink!
And given that it's all funny numbers a decline of 50% or a doubling, the reality is that it makes no difference as it is certain that one day humans will ask: "what's "markets?""
The Fed can make dam sure who it falls on. In a crash only HFT gets out with anything.
Seems, however, that this is a Paper, Rock and Scissors world and that HFT only can come up Paper...
Moral of the story: going back to the Stone Age ain't necessarily going to be a bad thing (I don't think that we can create a Scissors Age?).
Once they have converted as much of their printed lucre into claims against real property, debt-fencing, they will pull the plug.
The crash will destroy the TP-dollar, but allow the banksters to steal more via "bail-ins." The banksters will then claim the real property loan-collateral from the now destitute sheeple.
Other debt will be forcibly converted to an SDR backed currency and then lorded over the poor, literally, sheeple for repayment.
"The guillotine is the ultimate in top-down debt reduction."
And so there they are, sitting on a bunch of shit that they can only trade amongst themselves? I'm thinking that w/o a big group of possible "bigger suckers" that their ability to maintain control is pretty much over.
Laws will mean shit. Paper world won't trump Rock World...
So they actually did realize that the market has to burn to be saved?
No, just to get rid of the bodies...
Top Down bottom up inside out
To not stand is to stand.
"Demolition Fail Compilation, best demolition failures":
http://youtu.be/DDuUR7l3bgc?t=4m36s
(cued up to the Fed's controlled collapse)
Yellen, our Little Jewish Princess! Gee, I wonder where she gets her Marching Orders from???
https://www.youtube.com/watch?v=8yDarQW7UZc
Mother Nature: "Thou shalt not engage in perpetual growth!" That's where the buck stops.
Controlling the collapse won't be as hard as controlling the revolution!
Uh uh! She's got that, 'I never saw it comin'' look again!
Every photo of her is like that, though.
Controlled collapse, just like 9/11? The Fed and Israel-firsters can pull it off again.
Bull Shit
"Orchestrate" presumes players who have mastered their instruments and can read music.
"Controlled" implys that the physics can be known and either encouraged or discouraged by known mechanisms.
"Collapse" indicates a breaking of supports and structures, this from a retarded bunch of posing, priviledged, self possesed, former class presidents east coast jews who never did an honest day's work? Fuck it!
They don't make the System work, the System works FOR them. And of course, the System requires that there be mass-hypnosis; that condition is going ot be a LOT harder when folks are all starving...
As Sir John Glubb discovered, reviewing over 3,000 years of history, that empires don't collapse due to ideological reasons. The take-away here is that this has happened to other high-level societies that were NOT controlled by Jews: as long as there are power centers you're certain to have groups vying for its control- if we don't like this then we ought to discourage the creation of power centers (even if they were only "small" ones).
Controlled collapse? HAHAHA!!!!! Good luck with that one. Have you ever witnessed a controlled economic collapse? Don't worry, your not alone, BECAUSE NO ONE ELSE HAS EITHER! EVER. There is no such thing. They think they could contain and manage such an event? Fools. Once the genie is out of the bottle, there is no putting it back. It would take on a life of it's own, No way they could account for all of the twists and turns. This would be the height of madness to even assume they could pull it off. Soft landing? Yeah, it is until it isn't. Within the first couple of hours the situation would spiral out of their control. "Never saw that coming" I can hear them saying now.
The Fed "simply cannot afford to be perceived as an instrument of the market’s collapse."
Oh? Why is that? I think the Fed can "afford" to do things that the financial public is uncomfortable. The problem is that under Greenspan and then Bernanke it has been too interested in the "opinions" of their peers.
I can only hope Yellen is cut from sterner stuff.
Yellen does not need the job or the money and certainly does not want to preside over the total catastrophe of the inevitable collapse without trying to diffuse the gambling house "irrational exuberance". But she does not want to cause a riot of investors "running for the exits" either.
Can this needle be threaded?
What will Yellen do to start deflating the market? What are the mechanisms? End QE is certainly number one.
What about the housing market bubbles? What happens when mortgage interest rates shoot up to 6% making those McMansions all accross the land unaffordable?
What will presage the rise of mortgage interest rates and how will that rebound back on the stock market as investors loaded with bullshit amounts of cash attempt to preserve "wealth"?
Yellen is a Keynesian. That's all you have to know. At the first sign of a collapse she will respond with MOAR of what hasn't worked.
Eye, you simply have no idea what "Keynesian" means. I wish you did and were not so lazy as to just parrot back the circus clown economists here.
Oh? Really?
Keynesianism in an Economics based upon an unsustainable Growth Model, upon a Criminal Ponzi Pyramid, upon FRAUD and DECEIT.
As Tricky Dick "I am not a Crook" Nixon sez..."We are all Keynesians now."
Let's go hunting.
"based upon an unsustainable Growth Model"
Ahem, the very notion that there can be sustainable growth is false/an oxymoron. I have yet to hear from ANYONE ANY "solution" that is not predicated on or defined w/o it being based on growth. Well and good to point out that Keynesian economics is flawed, but to pretend that other economics don't also suffer the same basic (perpetual growth) flaw?
Seer, you are throwing Pearls before Swine. Thanks though!
For the sake of argument:
An economy heavily reliant on art could be and exception.
-or-
You can have sustainable "perpetual growth" in your economy when new tech and equipment and gadgets are cyclically created and replace lesser, older tech. The new tech is has more utility/higher value and so represents higher wealth. Old tech certainly can recycle into new. This can go on and on and on.
They will pop the bubble right before the next pres. election. The Kenyan will executive-order us into martial law, and declare himself as puppet-for-life. No more distracting elections.
I don't think that triple power super glue could hold this house of cards together that long.
Eventually, fed policies will collapse.
goood
bring the motherfucker on.....we need a good douching of the parasites.....
Lot of risk is such a sudden Red Dawn. Better to lull everyone to sleep, make them even more dependent.
Great, another name-calling moron getting a bunch of up-votes!
If I had a dollar for every fucking time I've heard this one roll around the block...
Steeped in Party-Pussy-ism. Caught swming naked!
The real adults in the room will recognize that it has NOTHING to do with the POTUS (the entire fucking globe's economy is tanking).
The coming 'bad' guy is jpm.
pick up the gun...
no "controlled" after all this. obama wants blood and real americans want blood. let's have it out.
Underneath it all that's pretty close to the coming reality. Wars are always about trying to hide the sins with blood-letting.
A big Yellen fart is long overdue...
https://www.youtube.com/watch?v=nQQqYb4CIEE
Controlled collapse. First thing that popped into my head was building 7.
Exactly. And it just might turn out to be the "best case scenario" (at least for them, to keep things relatively under control from all hell breaking out, i.e. revolution, etc.), LOL.
Dirty bomb next to NY FED building. BHO, and now Cheney, have already alluded to it. A smoke screen to con China out of their gold.
I bet there were about 1300 folks who would have appreciated knowing on 9/10 that the WTC buildings were designed to pancake in on themselves. We'll learn about how the market was rigged to blow . . . after we've had a week or two to mourn the losses.
They collpased WTC7 and 13 years later most Americans still haven't heard of it. They must beleive it will be a piece of case to collapse the market and economy and fool most people -Not so sure they are right. I think people are slowly 9very slowly) waking up. When it hits their pocketbooks in a big way, they may be more receptive to the truth this time. Remember that during the great depression 60 million Americans were listening weekly to Father Coughlin railing on the Internationlists who caused the great depression -henry Ford's "International Jew" was very popular. Millions of Americans read the Protocols of the Learned Elders of Zion. Most people supported Senator Joe McCarthy in the 40's - The bogus WW2 -a war we never should have gotten involved with (just as WW1) changed everything. They'll pull the war card again -no doubt. They are not confident this will work -thus FEMA camps, the patriot Act and Homeland Security arming themself to the teeth for the domestic war on America and Americans. Keep your powder dry - it will get nasty.
Ron Paul has said this before. He talked to people at the Fed when he was in Congress that assured him that if another bubble was blown they wouldn't mind popping it so long as it was "orderly" these fucking IDIOTS are stupid enough to think they can control the collapse without issue.
We are fucked.
Orderly like after you all are done digging the hole line up behind it. This will all be done very sanitary and orderly like.
Keep stackin' silver, you're good...
Keep stackin' silver, you're good...
Do they make implants to repair whatever is going to collapse, so it will hold up? Is this what Ben was referring to when he mentioned "other tools" besides interest rates, QE, and re-pos?
"Other tools" - you know, like OBozo
I think he was talking about "other tools" like militarized police, "homeland security" armored vehicles, tons of 9mm ammo and FEMA camps...
How do you like your haircut? Shall we hold the mirror so you can inspect the rear?
"The Fed, which has not only come under intense fire for overt market manipulation, but which is also deeply concerned with market perception, simply cannot afford to be perceived as an instrument of the market’s collapse. To be seen as the instigator of a crash could do irreparable harm to the institution."
Pull my finger bro. They caused it. they own it.
Given Mr Yellens religion the wise money would follow what Rothchild, and Goldman are up to...
I am not sure that info will be publicly available...
ashkenazi joos are not very religious -more of an ethnic tribal group. Luciferians are what most of these elites are-to the extent they practice 'religion" .
Controlled collapse, otherwise known in history as a 'pull the rug out' momen, just after the economy et al is 'hollowed out'.... as they are doing quite nicely now, giving themselves all the money to acquire all the real assets.... including the PMs.... even as they try to hold off the inevitable until all the wagons are good and hitched and then comes the call to 'pull the rug'. If you've kept your eye on the cosmic crap like the lack of solar activity, thus the reduced energy coming to our planet, increased EQs, volcanoes, comets and 'climate change', then you know that this isn't the regular cycle closing out, but the Grand Cycle... think the end of the 'Iron Age' as previous civilizations put it... and before the next 'Golden Age' can commence, the stage has to be cleared of all the previous performance's debris. Should be 'fun'... watch for that major warning sign, the passing of our 'dark star', which should get lit up along EU theory in its close approach like a giant comet, but it doesn't come too close, just close enough... it's the comet cluster that follows it in from the Oort CLoud, freshly restored to all its destructive glory, that will concern us more.... ice age approaches as our interglacial ends..
So, the psychopaths have their programs running to hollow out the system and take it down... only they seem to fail to realize that they are part of that debris, and promises of protection aren't worth much from their puppet masters... but then they really don't need to know, right? Same as the rest of the herd, right? Seek and ye shall find.... not many 'seekers' out there, right?
Believe it or Not: Here is a video of Christine LaGuarde communicating a IMF numerology occult message, directed to bankster occult members, that she gave during an IMF press conference a few months ago on January 15, 2014:
https://www.youtube.com/watch?v=QYmViPTndxw
I know most people are not into numbers or their significance in numerology, but to secret societies, numerology contain a secret message.
As explained in the video the numerology reset is July 20, 2014. On or about that date the music stops: The Fed banksters own the mortgage assets and the public owe the debt. The grand ole United States of America goes into receivership of the International Monetary Fund (bankster owned).
Mission Accomplished!!! It has taken 13 years from the original attack on 9/11/01 to finally corrupt and destroy America's democracy, Free Enterprise System of capitalism and finally our national sovereignty (independence). Illegal immigration is an orchestrated attack on our independence. The banksters win and now they are a New World Order, never to be prosecuted for Treason for the damage they have done.
12 days to visit your bullion dealer.... every day
Market Collapse on a Sunday....well played Mr Yellen.
Yellen is a used car salesman.
So the lying comes with the territory.
The Fed had to taper or inflation would have gone through the roof - more than the 10% we are experiencing (they reported 2%, but alas, that's a lie too).
So POMO is as good as gone. And rates are going to rocket soon. Bye bye stock market.
Enjoy the view yellen. You've done a fine job.
If dollar rates will rocket, then what will happen to Euro ? I'd really like to know your opinion.Not too many deflationistas on ZH.....
Perhaps they may attempt a "correction" by "encouraging" brokers to increase margin requirements. Facilitating a 20-30% drop immediately after the mid-term elections would make a nice Christmas present to the "Just Us" crowd as well as provide them the optics and opportunity to create a narrative designed to focus public hatred and blame on one or more groups - i.e. the "tea party", "men", "ex-middle class white trash", "farmers", "ranchers", "dentists", "cartoon characters", etc... as a lead in to the presidential election.
Considering that most American corporate trash is trading between approximately 150% and 500% of realistic valuations and the largest buyers of many securities are the underlying entities themselves - a correction from candyland to reality will require a whole rewrite or suspension of GAAP. Add in the dollar pressures, the unknown buyer(s) behind the Belgium treasury purchases and global instability...
I'd say that they are fully aware of being between red hot flowing lava and white hot pitchforks.
...and Putin...he will be blamed for everything, including global worming.
A controlled evacuation more like it, get ready to stuff the plumbing fixture with frns.
For anyone who hasn't been paying attention or wasn't alive back in the 80's, here's their set pattern since 1987.
New ChairSatan, crash, print.
yeah, the Fed popped my cherry in 1987
I have thought for a while that government cannot afford higher rates, and for the most part does not own equities. Not to mention voter outrage regards to inequality. If push comes to shove, my money is on the people that control the military and police force. And if stocks are pushed ever higher, current government has a problem.
In Ohio the Police and Fireman's Fund owns equities as do all of the public pension funds which are chearleaders of big government.
It's kinda like when you are on a plane and they say in case there is a Need for oxygen the masks drop down and you are supposed to assist your children or elderly first. This will be the same but the government will put their mask on first and fuck everybody else.
I don't mean to be picky but you are supposed to put on your OWN mask first. Since when the cabin pressure goes, the oxygen will get sucked out of your body; you have less time than you'd think to act. If you help a kid or confused elder first, YOU are doomed; you will not have time to do your kid/elder and then yourself (because you will have collapsed by the time you are done with your kid/elder). And your kid/elder can't help you; not capable.
First yourself, then the helpless. In this circumstance.
You are correct...except...
You do that not only in this circumstance but in MOST CIRCUMSTANCES.
Stop being a Self Centered bitch. You help yourself, not for yourself, but so that you can help others. That is the fundamental reason to help yourself first.
Controlled if you're an insider. Uncontrolled disaster if you're not.
well said
If Goldman Sachs research starts sounding extra bullish, GET SHORT!
Great job everyone on the controlled collapse of the bubble. We'll meet in the bunker for drinks later.
How about a full, in-depth AUDIT of the friggin' FED??? I think THAT would give the BIS the collapse they are looking for...
"Controlled Collapse". Ayup...
Like eating three greasy chicken taco's with xtra Jalepenos and hot sauce. Toss down a double sundae in your lactose intolerant gullet, knock down a 6 pack and when it comes time to evacuate your bowels......just bear down a bit and clench the cheeks. There's your "controlled collapse".
I call it spackling the walls of the rest room. Oh yes, "the bubble"....in full technicolor.
It's gonna b a crime scene.
That was not graphic enough. You will have to do better as most are lacking in imagination these days...in more ways than one.
Iceberg!
It's sad to say, but the favourite option for the NWO people, must be the "false flag" attack, so the government can't be blamed.
Cheney recently warned: http://www.infowars.com/cheney-another-911-coming-but-far-deadlier/