UncleBuck
Well-Known Member
thats odd, no record of anyone on this forum saying any of those things.
Did you see ANYONE blame Obama on this?
thats odd, no record of anyone on this forum saying any of those things.
last with the feds spending 4 billion a month on worthless shit.
actually 41 billion a month until no date give. hyper inflation here we come
oh wait we aren't talking about qe3
at this rate realistically. every month our money is worth 0.28% lessI wish it would get here already
The Paulbots been predicting it for 33 years
If you dont like the fiat moneyat this rate realistically. every month our money is worth 0.28% less
Don't leave out all the other media outlets too. Be fair and balanced.Fox News told me. They never lie.
Basically, you're right. Right now we are headed for the second dip of a double dip recession. There is speculation (which I concur with) that it will actually sink into a Depression of epic proportions. O'Bama's second term (with a Democrat majority) can circumvent this but people are stupid and I'm pretty sure we're headed for a lame-duck presidency.I say we are all. " Doooooomed" U huh
yay our turn to say we got handed a shitty situation..Basically, you're right. Right now we are headed for the second dip of a double dip recession. There is speculation (which I concur with) that it will actually sink into a Depression of epic proportions. O'Bama's second term (with a Democrat majority) can circumvent this but people are stupid and I'm pretty sure we're headed for a lame-duck presidency.
yay our turn to say we got handed a shitty situation..
funny I lean more Romney and think Obama will win & you lean Obama and think Romney will win.
but we really are heading to hyper inflation now. don't know who you follow but that could be the cause to their mean.
Its not just that we lose 0.28 % in the value of our currency but that unemployment is higher and wages are @ a frozen set level. That loaf of bread will continue to get more expensive but your salary wont.
to chesue i have nothing against fiat money but if wages don't rise with it the system will fail.
We aren't talking about government. The Fed ( federal reserve) is not part of the government.Well as soon as we rid this nation of religious rightwing nazis we will be just fine.
If you expect a serious response post a serious question. Our government has been spending billions on useless shit for many decades. Quit being a fucking racist. It's not the individual it's the system.
Historical inflation rates? 41 years isn't much to compare really.I got a huge huge huge raise
Unemployment varies by region
but the fact is
If you cannot find a job after 99 weeks of looking
The economy is not your problem
And while you should be scared of inflation
Why not google historical inflation rates
The fed only spends 3-4 billion a year (relatively small) and gives all the rest of the interest back to the treasury. That is a pretty fucking generous private corporation there...We aren't talking about government. The Fed ( federal reserve) is not part of the government.
Why would the Fed care about getting a bunch of dollars when it can create as many dollars as it wishes with no one to stop them?The fed only spends 3-4 billion a year (relatively small) and gives all the rest of the interest back to the treasury. That is a pretty fucking generous private corporation there...
The government runs the fed.
all the way back to 1914.Historical inflation rates? 41 years isn't much to compare really.
Why would the Fed care about getting a bunch of dollars when it can create as many dollars as it wishes with no one to stop them?
Do you remember anyone giving the Fed permission to print up $16 trillion last year and giving it to EUROPEAN banks?
In one year they gave away more money than the US public has in total debt after the last 177 years.
There is no agency in government that can overrule any decision the fed undertakes. None.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x287788
The Fed is an "Independent Entity" within the government, it is not part of government and no part of government has any say.
Federal Reserve Act of 1913. Learn your history. We gave away control of the money so another stock market crash wouldn't happen(Panic of 1907). The Fed was suppose to prevent that. Guess what happened in 1929. Fear, plays a disgusting role in American's giving away their freedoms. Worked then, works now.How can something be an independent entity WITHIN the government but not be part of the government??? ( I know it is semantics but important semantics).
In terms of the initial 1931 downturn, historians emphasize structural factors and the stock market crash as well as bank failures, while economists point to Britain's decision to return to the gold standard at pre–World War I parities ($10.98 Pound).[SUP][9][/SUP] The vast economic cost of World War I weakened the ability of the world to respond to a major crisis.Federal Reserve Act of 1913. Learn your history. We gave away control of the money so another stock market crash wouldn't happen(Panic of 1907). The Fed was suppose to prevent that. Guess what happened in 1929. Fear, plays a disgusting role in American's giving away their freedoms. Worked then, works now.
http://en.wikipedia.org/wiki/Federal_Reserve_Act_of_1913