Ruh-Roh, Fed!
So the Federal Reserve – the secretive government architect of our current “recoveryRYou must Subscribe or log in to read the rest of this content.
So the Federal Reserve – the secretive government architect of our current “recoveryRYou must Subscribe or log in to read the rest of this content.
7 comments
Hopefully the hackers were the type that were intending to dig up dirt and release it.
… maybe they were just attempting to determine the exact amount of our national debt, and, because they feel sorry for us, wanted to make a deposit to cover the shortage—-
“The USA has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. [fiat] dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, [the Federal Reserve] can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined [Federal Reserve] can always generate higher spending and hence positive inflation.”
– Ben Bernanke
Muhahahahahahahahahahahahahaha!
Muhahahahahahaha!
….. TRANSLATION—
“Oh, the shuddering shoe and the blinkety-blanks when the punglung falls from the bough in the blast of a hurricane’s hicketty-hanks over the hills of the hocketty-how”
Wow. You have a printing press to pay for whatever amount of liability you will have to “incur” from this breach of security. Self indemnification.
http://www.youtube.com/watch?v=CJLffjZApZw
Economic collapse is here.
http://www.youtube.com/watch?v=CJLffjZApZw
Economic collapse is here.