IMPLOSION ALERT: Fed Has Bought More Gov't Debt This Year Than Gov't Has Issued

It's all a joke. A cruel, sick, ironic joke. The 'money' does not exist, never existed, just numbers on a computer screen. Yet it holds so much power and influence. If I was an alien from another planet I would be looking down at earth right now thinking how primitive human beings are.

This is simply an accounting situation which will impact no one.

There is nothing whatsoever to see here.

zoot suit riot!

Yes, I thought about that myself. I often wonder how America would come out of it, would we get back on board the constitution 'what made us great in the 1st place?'

Somehow I don't thinks so this time around, we have way to many stupid people who have no clue.

You proceed from a false assumption.

The entire purpose of the United States of America is to concentrate wealth to the point where it can be destroyed in one swift motion.

From the ashes of a world in chaos will come a Phoenix. Born of fire and blood, the future survival of man will be assured to the misery of the masses.

The Federal Reserve, not federal, and no reserves.

What a bag of make believe. As if they have the money to bailout the rest of the world, what a bunch of pretending. These people truly have an imagination.

It means, "Going Galt."

It is not make believe, it is federal in its mandate, and its reserves are the funding given through taxes and interest.

It is not wise to make such wild accusations and statements that are contrary to the good of all.

Leave it be.

Ah yes, the 'Ordu ab Chao' Phoenix!

It's wings will be clipped by YHWH so that it's Flight will be short-lived.

Then it will crash and Burn just as it's Pilot is destined to follow in time afterward.

ALL things will go according to the Script.

NO.

There is only one chain events that will evolve from this... and it is firmly in control, regardless of what you have been told.

You WILL comply.

[qoute]
From the ashes of a world in chaos will come a Phoenix. Born of fire and blood, the future survival of man will be assured to the misery of the masses.

Well isn't that special.

I think a new currency would be nice. Our current bills are rather ugly compared to euros and Canadian dollars. Each denomination should come in a different color.

assume the position

The U.S is currently for sale to the highest bidder

China owns a good 1.5 Trillion of U.S debt and Japan another 1.5 Trillion and looking to buy more

that means that China and Japan will own prime capital markets shoving the U.S to the side

But what will make it all the more interesting is not IF but when the collapse will hit

Not to mention if China and Japan go to war

It will be pure doom

its either gonna be the elites are propping up the economy till either war or a natural disaster.

or its a planned destrutiion of the money system used the last 100 years and then implement a new system.

What pizzes me off is. The elites know whats going on. But us serfs aren't allowed to know. As usual/

Only YHWH is in control.

ALL things will go according to His Script.

Mortal and Immortal desires notwithstanding.

I am nothing in this Game.

My compliance or lack thereof is irrelevant.

As my existence or lack thereof in this place and time is also irrelevant.

Maran Atha!

Lots of counterfiet money showing up in Chicago.
Keep and eye open and your ear to the ground.
This could happen sooner than you think.

They are taking $5 bills bleaching tham and turning them into $100 bills and a host of other techniques.

Heads up!

I just want this shit over with.

That's the point!!! Pay back your debt with a devalued denomination. It's simple math at this point.

Don't think the little guys will get away with repaying debts with hyperinflated dollars. I'm sure TPTB will inflation-adjust all debt owed to them and the banks.

Remember, they make (and break) the rules themselves.

For now.

Obama and Bernanke are flying by plane
Bernanke said:
-Now I am going to fold a plane ticket for $ 1 million
  and become one happy man
Obama said:
- And I'm going to fold a suitcase with $ 1 million $ and will be happy 1 milllion man.
Pilot says:
- Fuck all, now I will cast off the plane two assholes, and will be happy 315 millions

The house of cards is about to fall.

We are seeing this in Los Angeles as well. With 50s and 100s.

no worries.. applied statistics....

sell debt for a profit.......

We should just try and get as many assets over here from around the world and then let China think they'll be the new world reserve w/ a debt based gold standard. Then, screw the bankers and China over and start issuing public money backed by all of our national assets while China shackles itself w/ a debt system pinned to a metal. That could work.

Collapse of the dollar = collapse of all fiat currencies world wide.

Once that is accomplished we will be saved by a new global currency.


So easy to see.

I don't get the gold standard. Why limit your growth artificially like that, especially in an economy where so many need a job and where we have so many tools for small businesses to be created these days. And small businesses create most of the jobs, so there you go. And as far as inflation... is that really an issue as long as the new supply of money creates equal demand via goods and services and people buying them? And it's not like the Fed has done a good job with inflation anyway. See this:

[link to dailybail.com]

One might theorize that the booms and busts are in fact part of the plan to slowly gobble up the economy. Let people build things... take them. Build more.... repo. Repeat forever. Is it really working? No. Why create money as debt and why tie the money supply to a rock that's predominantly elite controlled and whose supply doesn't necessarily grow with the size of an economy anyway? Issue public money. Put in annual limits tied in some fashion to gdp. And perhaps even divide up the money power among all 50 states based on population or something so as to not give all printing power just to the federal govt. I don't know the exact answer, but I think this will allow us to make money servant of humanity instead of the other way around without giving too much power to any one governing body. I sense some good financial minds on this thread.... any thoughts?

"Saved"? But who will have the power to print this new global currency? People talk about how we shouldn't "print our way out" of a crisis. But how do you create jobs then? You can incentivize existing capital to be invested for sure. But part of the solution might be to print some money and invest in businesses, right?

The problem is that the money is debt and our debt burden is so huge and nobody will write any of it off. So printing becomes tougher and tougher. But if it wasn't, then printing money wouldn't be such a big deal. Inflation only happens when the new supply for the bills doesn't meet the money you've injected into the economy. Sometimes you need to print your way out of a crisis cause you need to create jobs for people so they can eat. But if we're dependent on a world body for this, we'll be out of luck and it will be like in the EU where some nations are forced immediately into austerity and to have their assets "privatized" by the banker mafia.

Socialism is one thing but why do all these socialized countries continue to issue debt based money? That defeats the purpose of socialism. You just end up slowly siphoning wealth to the bankers instead of re-circulating it amongst the people. That's one of Europe's biggest problems. They tried a leftist society w/ a debt system and gave up their power to print money to help them avoid the austerity and asset stripping that results.

And as far as fiat currencies go... they are not backed by nothing, but by the assets of the country issuing them, including gold and silver, I suppose. People are free to effectively back their own wealth in any way they choose, and can buy stores of value like metals and land (like the elite do). In this sense, fiat currencies are hard currencies and people can "back" their own wealth in fiat money with whatever they want by buying hard assets. Even if they don't the money supply is backed by the hard assets of the country. During the gold standard, the notes said redeemable for gold... but you can still buy gold and silver and anything else with any currency. And in fact, the prices of gold and silver have been purposely depressed in the last few decades, so you got a better value anyway. I like freedom and believe in economic growth. I think public money funding lots of new businesses is the way to go. You can divide the money printing power up between state/federal govt.s for separation of powers and pin the total printing capability to a percentage of the previous year's gdp and that should be fine. Inflation will be contained by simply being smart about what gets funded and quickly getting any businesses that fail through bankruptcy so their assets get used one way or another. It won't be perfect, but the inflation record will probably be better than what we've had under the Fed:

[link to dailybail.com]