No like the greenbacks and gold market of early 1900s. Dude, stop trying, you refuse to even read the front cover of any material that might threaten the reputation of your precious Fed. I still stand by "Money Masters" it's a great video but their view on government money may not be correct.
I can't help it but you are an idiot. Smoothing over & covering bad investments & overextended booms is not a good idea. The whole point of a bust is that unsound investments are liquidated and scrapped so that economy & prices can stabilize. Let's bring some George Soros and his theory of reflexivity. Excessive leverage overextendeds the booms & busts. This becomes an endless cycle, a vicious cycle. Why add more fuel to that fire by pushing and forcing the inflationary money supply & credit? To prevent from deflationary and inflationary shocks? HA. Why don't you get out in the real world and check inflation. It's going through the roof. Oh wait, I forgot, if you are a blind believer in the system, life's necessary & vital goods do not count, according to the U.S. Depatrment of Labor they are too "volite". Yeah, when milk, meat & grains multiply a few times over in under a decade, that's too volatile. Your argument is completely full of sh*t, you just may be too much of an ignoramus to discover it. The purposes, functions & reasonings behind a private central bank are completely flawed. This has been proven by history several times over and will continue so (Russia might be the next example). Why have the biggest booms & bust, with seismic shocks, all hapened under a PRIVATE CENTRAL BANK
I can't help it but you are an idiot. Smoothing over & covering bad investments & overextended booms is not a good idea. The whole point of a bust is that unsound investments are liquidated and scrapped so that economy & prices can stabilize. Let's bring some George Soros and his theory of reflexivity. Excessive leverage overextendeds the booms & busts. This becomes an endless cycle, a vicious cycle. Why add more fuel to that fire by pushing and forcing the inflationary money supply & credit? To prevent from deflationary and inflationary shocks? HA. Why don't you get out in the real world and check inflation. It's going through the roof. Oh wait, I forgot, if you are a blind believer in the system, life's necessary & vital goods do not count, according to the U.S. Depatrment of Labor they are too "volite". Yeah, when milk, meat & grains multiply a few times over in under a decade, that's too volatile. Your argument is completely full of sh*t, you just may be too much of an ignoramus to discover it. The purposes, functions & reasonings behind a private central bank are completely flawed. This has been proven by history several times over and will continue so (Russia might be the next example). Why have the biggest booms & bust, with seismic shocks, all hapened under a PRIVATE CENTRAL BANK
The FED is comprised of shareholders, so you have to think what they want. So look up the shareholders of the Federal reserve, public information. Inflation is a tax on the masses, the fact is that inflation is not instant upon a liquidity injection, it is gradual. So those at the beginning of the process benefit at the cost of those who are at the end of the process.
c'mon kiddo, if all your looking for in economics is entertaining videos here's a bone... http://www.elitetrader.com/vb/showthread.php?s=&threadid=75498&highlight=conspiracy
Coming from an old fart who can't even handle the foreword of 100+ page document from the library of Congress. Funny stuff. I know Assisted Living creates its own world, but maybe if you ever got out in the real world and cross referenced that versus the propaganda you preach, you might notice some strange disparities. Unless you choose to ignore, you will simply derive that the official story & explanation does not add up.
ouch ... as for inflation, perhaps u shldn't even try, but if u must: http://www.elitetrader.com/vb/showthread.php?s=&postid=1121807&highlight=inflation#post1121807 http://www.elitetrader.com/vb/showthread.php?s=&postid=1189452&highlight=CPI#post1189452 http://www.elitetrader.com/vb/showthread.php?s=&threadid=75060&perpage=6&highlight=cpi&pagenumber=8
HAHAHAHAH, Inflation in US is very tame, yeah, in comparison to a third world nation that is used to currency devaluations. Like I said, you do not know sh*t. Have you EVER read a CPI report, especially that simple text table they make with the categories? My money is on no. Otherwise, you would have wondered how Medical costs only increase 5-7% when the headlines talk about the same costs going up 20%. That's just an obvious one, along with housing costs. Hey, how about going to the US Department of Labor website and reading the easily available info on how the calculations on CPI are done and the ever changing methodologies behind them. Only those that cannot think for themselves would not question how artificial the CPI reports are. Of course I cannot expect you to take it a step further and simply observe the costs of goods over the years. That is too much for you, after all, you can barely use ur own sources properly. Sh*t, you do not even live in this country. I've watched and taken note of vital & semi-vital goods go up in price an average of 10% a year for 5 years straight. That's not counting housing, healthcare & energy costs. Then there is electricity, increases of 10-15% on average, but those are probably too volatile to include, even thought they have been in a slow steady non-volalile uptrend for decades. Oh yeah, real tame. And we have not even had any "official" financial problems yet. You're living in a delusion. Tell me, is CNBC a favored news source by you? Their expert chatter on the economy & the Fed is very similiar to yours.