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According To Bernanke, This Was The "Biggest Impact Of QE"
Are you ready for this... are you sitting down... you better be sitting down. Here it comes
- BERNANKE SAYS BIGGEST IMPACT OF QE WAS TO 'CREATE JOBS'
just :0
From "hope" to "nope"...
"Peak Self-Delusion" or just another Big Lie?
Charts: Bloomberg
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I'd call that chart the visual version of "Bringing in the Sheaves".
jmo.
Why some people are still walking around breathing oxygen is beyond me.
My vote is big lie. Or BIG LIE.
QE was to create rich and poor gap. You numb fuck, Bernake.
Well he had to say something but couldn't say ...
I made all my wealthy buddies a whole lot richer now could he?
Or how your relative wages to costs have risen? NOT
*** Actually when you come down to it the only thing he could say was ***
Created loads of jobs!!!
Mwhahahaha
"$5 Trillion in bad debt still "hidden" on their books. They claim, it would have been worse if they had done nothing, but when they try to get out, it will all collapse. So, they can NEVER get out, Ben has said as much. QE and zero rates forever, until it all slowly falls apart. "
Plenty of off-balance sheet garbage. In this Ponzi game eventually more and more is piled on.
Baby-Boomers retiring @ 10,000/day. Eventually it does matter as they cut consuming and become more of liability.
Internally (hiding it of course) their numbers must look aweful. We have to be getting close to the breaking point for the economy.
This comes from a guy who had a perfect SAT score and graduated from MIT. Obamacare did more to create jobs than QE ever did. It took 20 million full time benefit jobs at 60k- and turned them into 60 million part time jobs without benefits,
We unemployed some folks!
Or
We retired some folks!
Take your pick but essentially they're both the same thing.
For the record I tried!
Hang 'em high.
Fortunately when Russia takes over the US, Putin will have no use for banksters like this motherfucker.
I thought he was back at the Hogwarts School of Economics teaching transfiguration.
Benny Bershaftme should have stayed in Dillon, South Carolina ...he could have done much more for America if he had just continued doing the job he grew up with...at least he could help clean up after the recent floods
"As a teenager, Bershaftme worked construction on a new hospital and waited tables at a restaurant at nearby South of the Border, a roadside attraction in his hometown of Dillon, South Carolina."
HANG HIM HIGH
http://www.theblaze.com/stories/2015/10/07/self-described-cartel-enforce...
He meant trading-desk, and banker jobs.
Thanks Tyler for making sure I was sitting.
I just fell out of my Fucking Chair!
Ben should be ass-kicked and horse-whipped, tarred and feathered, beaten and buggered, then put on a boxcar headed for Tiajuana.
lol hes just trolling at this point
Hookers, drug dealers, bartenders, wait-staff & prison guards ... all growth industries thanks to uncle Benny.
Job creation for serfs and didn't even keep up with working age population growrh.
Just another narcissistic jack-ass, delusional and in denial.
'Reality is what we say it is' shite.
Sounds like being a sociopath and a pathological liar are requirements for that gig...
FedFUBAR.
DIE BERNANKE DIE!!!!
You fools!!!
Slavery IS a job
Slavery IS a job
I agree, however Income taxes, debt and inflation are what lock a person into slavery. A job is just a delicious looking carrot used to lure you into the "system".
Which "jobs"? the part-time, temp, waiter, or bartender ones?
Bubbles Bernanke! My sobriquet of love for the tyrant!
Bernanke was selected to be a figurehead for the single greatest institution in the world that was built upon governments ENFORCING FRAUDS by privately controlled banks. The Federal Reserve Board, as the American King of Fraud, demonstrates the ways that the whole system is based on legalized lies, backed by legalized violence, and is psychotic, because almost everything operates through fundamentally fraudulent financial accounting systems.
The EXISTENCE of the Federal Reserve Board symbolically represents the overall globalized institution of DEBT SLAVERY, whose structure automatically and necessarily has driven itself to manifest debt insanities. William K. Black's book, "the best way to rob a bank is to own one," was about a time in history when control frauds still resulted in some individuals going to jail. However, in retrospect, nothing was changed, other than the banksters developing their abilities to continue to corrupt governments even more, so that nobody significant would go to jail for the excessively successful frauds that precipitated the 2008 financial crises.
Of course, Bernanke was spectacularly wrong in many of this most important predictions. He was selected to become the Fed Chairman because he was the best available professional liar and immaculate hypocrite to take that job. Bernanke kept the established systems going by doubling down on creating "money" out of nothing as debts, which therefore deferred those debts on future generations. Since the debt controls were backed by the death controls, what he was also actually doing was deferring the death controls onto future generations.
The next rounds of financial crises are going to be way worse than the previous events. The established systems of globalized electronic monkey money frauds, backed by the threats of force from apes with atomic bombs, are the ways that civilization operates its ENFORCED FRAUDS at the present time. That is operated by people who become socially successful within systems that require them to be the best available professional liars and immaculate hypocrites, as Bernanke was when he was Fed Chairman, and appears to still be.
Bernanke was merely another obvious example of a professional liar and immaculate hypocrite, who was selected for the job of Fed Chairman because that was what he was. Therefore, of course, one is not surprised to learn about his comments after he stopped being the Fed Chairman continuing to demonstrate that he is still a professional hypocrite.
In my opinion, people like Bernanke have perfected their abilities to remain willfully blind and deliberately ignorant, to the point of criminal negligence, at the least, while possibly there is runaway criminal insanity behind that. The MAD Money As Debt systems operate in ways which demand that those are based upon deliberately ignoring and misunderstanding the laws of nature as much as possible, while simultaneously doing so also with respect to the real relationships between human laws and natural laws.
The QE scale should be T not M.