The Fed’s Hail Mary Stimulus Nears $1 Trillion

Liberty Juice ^ | 11/4/2010 | Chris Bounds

[ex-Texan]

Yes it has. Mr. B wants everybody to spend, spend, spend like mad. Rabbit Hole thinking like that is totally wacko and over-the-top crazy. It's a Mad Hatter World.

Perhaps I ought to say this plan has adopted as economic policy a form of "Rabbit Hole Unthinking"

[ChrisBoundsTX]

And what good is that if you cannot buy anything in a collapsed economy? Just something to ponder.

[jersey117]

absolutely. Post-911 is a perfect example.

[Migraine]

And what good is that if you cannot buy anything in a collapsed economy? Just something to ponder.

Okay. If NOTHING is available (of life's necessities), then we're all screwed. If stuff IS available, but at a PRICE, then you can buy it with gold (little else will do in that situation).

[ChrisBoundsTX]

I don’t know the answer to that, I was just thinking out loud.

I am not sure the answer is clear, because in the event of a collapse and there was still a fractured market, how does gold get reintroduced as a medium of exchange? Most people do not have it and prices will need to stabilize before a standard can be naturally formed. I hope to never have to learn those answers firsthand.

[Migraine]

The idea is to have some gold physically in your possession. That way, you have something compact, tangible — that EVERYBODY wants, just in case somebody has some commodity you need. With gold, you can buy it. Without gold, you’ll have to beg after you run out of things to barter.

[M. Espinola]

The Fed & bankster-manipulated stock market may appear on an ultra-bullish run right now, with the assistance of government paper money printing presses working overtime -- but in the not too distant future it will look like this....

[ChrisBoundsTX]

Here comes the international backlash: http://bit.ly/bjJTzR