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Old 07-04-2009, 10:39 PM
budsmoker87
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Quote:
Originally Posted by tnrtinr View Post
I see what you are saying.

Could an influx of cash help people pay debt if they are diligent? Even if that increase in MS only temporarily adjusts i rates down and allows them to reallocate debt. I say yes.
idk. interest rates have remained very low for a lil while now, but we've been headed in this downward spiral for so long. I see this doing nothing but squeezing the little people in the private sector. And I agree- all these bailouts are doing, is reallocating wealth. to the government or major financial firms that are "too big to fail," <---amazing how americans buy into this concept, that a company is ever too big to fail. understand that under our financial system, this means that smaller companies are too little to save...and the money that went to the too-big-to-fails, are failing anyway.

But mostly, all these bailouts do is fuck us over while reallocating wealth to the central banks/government, who aren't even afflicted by the sour economy

once again, when the money supply is increased by over 70%, ya can't help but intuitively think the dollar WILL lose value, and there's only 2 options left for the fed/treasury to prevent total collapse:

1. increase interest rates and taxes (carbon taxes!!!!), to suck the money back in so the dollar WON't collapse (placing tremendous strain on middle and lower classes)

2. drop the dollar and introduce a new world currency (which i feel the central banks DO want to secure global financial control)...I think it's simply a matter of time till our currency collapses and a new currency is introduced. this will really bridge the fascism gap full-circle, with the same central bank controlling the world financial system/politics. Get to know the obama crew- they're all members/former members of major financial firms and/or the federal reserve itself


the amount of currency vs amount of production is what really predicts amount of inflation.

hyperinflating the currency, as WE'RE doing, since we're a country of consumerism and not production (and our trade w/productive countries is falling OFF the map) is gonna decrease the value of the dollar, and it'll basically take MORE of your dollars to afford products, without an increase in wages.

there's a reason why inflation never exceeded past 15 cents since the american revolution in 1776 till 1913. now the value of the currency is all over the map, and it's because we've handed the printing powers to the federal reserve, without much oversight whatsoever.

constitutionally, CONGRESS is the ONLY entity allowed to print the currency of our nation. But what's the constitution mean anymore? Most americans are clueless
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