Archive for the ‘wealth creation’ Category

Downwards

Quantitative Easing II (or QEII), the pumping of $600,000,000,000 into the economy without any wealth creation, was, I think intended to get companies to spend the cash they are sitting on while they wait to see what the rules (taxes) will be before making any projections or planning how to use it. I’m quite sure that the knowledge their money will depreciate in purchasing power by 20% in the next few months will cause them to at least rethink their positions. Whether it will actually stimulate spending is less certain.

One thing is sure. It is going to infuriate anyone we owe, bondholders, those holding dollars, or that we have promised money. And as it trickles down to the general population and they notice everything is 20% higher there is going to be a lot of finger pointing going on in the political class. Hopefully it will cause that “screwy idea”/sarc of auditing the Federal Reserve to come to fruition. You do notice that the official announcement was held until after the election?

Time to review that Cloward-Piven strategy again.

Here are some links to “enjoy”/sarc:

Dollar at Risk of Crashing, Triggering Inflation

Brazil Ready to Retaliate for US Move in Currency War

U.S. dollar printing is huge risk -China

Germany Concerned About US Currency Moves

Fed bond move spurs backlash from Asia to Europe

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An inherited anticolonialist rage against domination by Western civilization, stemming from the beliefs of Obama’s father is what drives the President. D’Souza lays it all out in his book “The Roots of Obama’s Rage,” which you can get for free when you order Townhall Magazine. In this mind-blowing book D’Souza explains why Obama’s economic policies are designed to intentionally make America poorer, why he welcomes a nuclear Iran, why he sees the United States as a rogue nation, and much more.

For a example of D’Sousa’s premise read “Obama’s Problem With Business” here.

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In Part 3 of the series, Bill shows how wealth can be created from thin air.

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