Posted on 03/14/2013 9:15:38 AM PDT by Reaganite Republican
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Compare it to the FRED monetary velocity chart to see why... The increase is only half the story. It is not, in and of itself, inflationary.
That’s not the only scary chart. I keep a whole web page of them, and I ain’t seein green shoots.
http://www.futurnamics.com/slfed.php
Worst chart I think is actually money velocity, which has crashed. That’s the reason for the lack of inflation, the economy is just dead.
Of course all this funny money is what’s propping up the stock market, but if the economy ever does get up off it’s back the inflation is guaranteed, too much cash sitting around now
We are watching Weekend at Bernie's II.
It’s scary how a Liberal can look at the famous “Hockey Stick” chart on Global Warming and freak out.
Then they see this chart, and it’s no big deal.
And of course the Global warming chart was proven to be a cherry picked fraud.
Weekend at Bernanke’s
What a load of garbage. There is no way our government could limit themselves to a 62% increase over ten years.
Which is why we only have about 2 months(?) before a bond crash.
Bonds are the buying and selling of U.S. labor, or an infants lifetime of sweat equity. In short, we're sold as slave labor on the day we're born.
Today, only 65% of the slaves are working, but the majority - government workers - produce nothing. That leaves the very few who are left to support the many, but the grasshoppers have outnumbered the ants. The very few who are left cannot carry the entire burden.
Other nations are going to want the slave labor they've bought and paid for. What will they do to get it? Come and take our children, trade the bought labor for U.S. land, or start government work camps? (They're already asking for their U.S. "protected" gold back, but the U.S. has already spent their gold, too.)
We owe - big time - in other ways no one is talking about, and other nations aren't going to just lay down and forgive us our debts. The U.S. is in really big trouble. We've paid people not to work (and borrowed the money to do it) in exchange for a vote for way too long. It's time to pay the piper. It's time for the "social program" veil to be removed and the eyes to be opened.
Poor Bush had to sell sell debt to China and take a thrashing from the MSM.
Now we just create Baraqqi/Bernanke/Lew minibucks and EVERYBODY is happy.
but its money we owe ourselves, and when someone owes you $16Trillion thats not so bad, is it.
My Saudi masters have solid gold toilets!
Kenya and Indonesia are doing fine!
but its money we owe ourselves, and when someone owes you $16Trillion thats not so bad, is it.
(I swear to God I heard a libtard politician say this)
Hey! We've come here to get scared. Logarithmic scales aren't as scarey either.
My issue is that when the economy does grow again, inflation will be blamed on the growing economy, which is just wrong.
The crash is going to hit so hard and so fast, the politicians are going to be standing around dumbfounded with their mouths hanging open.
We'll be seeing politicians, along with their body guards who'll know where they went, "disappear."
And yes, the American people will be walking around like zombies. Eventually, they'll become very desperate zombies. The lower level politicians aren't preparing the cities emergency personal for nothing.
The politicians don't dare say anything for fear of social unrest "on their watch." They could minimize the damage by moving people out of the cities if they wanted to, but they're too scared they'd get blamed for it, even though it is their fault. They paid people not to work in exchange for a vote. The consequences down the line didn't matter to them. They had planes to leave the country if they had to, and bunkers to hide in until it was over. As long as they've got their power, their wealth, and a way to escape, why worry about it?
most people won’t understand “money velocity” so a better way to say it might be that the economy crashed, people stopped spending, but the government started spending like crazy to make up for it.
When that fails all heck is going to bust loose
For now. When the bonds crash, inflation is going to skyrocket to the point where we'll be a calorie economy rather than a monetary economy. Food will become the most valuable commodity. The EBT cards will be worthless because prices will be so high, and the grocery stores will be looted and empty.
A nation cannot pay half the population not to work and expect to survive. Eventually, those who work and pay are going to catch on.
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