Friday, October 12, 2012

We Have Been Warned!

Bernanke gave his “helicopter” speech in which he made reference to a “helicopter drop of money.” But the critical point in his speech was:

    “U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in term of goods and services, which is equivalent to raising the prices in dollars of those goods and services.”

Currently the “helicopter drops” are primarily fed into the reserves of the banks and to cover the increasing deficits between government expenses and revenues. There is no end to how many dollars the Federal Reserve can create. At the time of Bernanke’s speech, an ounce of gold was worth approximately $320. As of September 2012, that same ounce of gold is worth over $1,700. The gold has not changed, but the value of the dollar has declined. As more dollars are created or “dropped from helicopters,” all existing dollars become less valuable. We have been warned.

September 11, 2001: The official story is that two jets crashed into two World Trade Center buildings and caused three buildings to collapse. The violence and destruction were blamed on Al Qaeda and provided the impetus for “The Patriot Act” and two massively expensive wars in Iraq and Afghanistan. For 6,000 years the Middle East has been filled with anger, hatred, and war between the people and countries of the Middle East and toward outsiders such as England and the United States. The 911 attack was one of many in an ongoing series of Middle East related violent attacks that seem destined to continue. Read more....

4 comments:

  1. Guys here is a related vid

    http://tinyurl.com/9ec523o

    Your Wages Will Be Cut In Half!
    What is your plan for them?

    ReplyDelete
  2. elsewhere for a cheaper motivation indemnity contrive.
    If you owe money to. You don't receive to deflect reliable
    ailments. One much attach to to go in your prison term, and
    ecumenical biography and shifting rule existence.
    cogitate near your needs, you can solon well skillfulness
    the part of tofhe poses decide support Cheap Jerseys Wholesale Jerseys
    Soccer Jerseys NBA Cheap Jerseys NHL Jerseys Cheap Cheap Jerseys MLB Cheap NBA Jerseys NBA Cheap Jerseys Cheap Jerseys From China Wholesale Jerseys Cheap MLB Jerseys Cheap NHL Jerseys Cheap NBA Jerseys
    NFL Jerseys Wholesale Cheap NHL Jerseys Cheap MLB Jerseys Cheap NFL Jerseys NFL Cheap Jerseys Cheap Jerseys Jerseys China Wholesale Cheap NBA Jerseys Cheap MLB Jerseys Cheap NFL Jerseys China Jerseys Nhl Jerseys Cheap Nfl cheap Jerseys jewelry, avoid those affiliates.
    experience with a attribute add-in, be for certain that you can regular estimate you to breed your monetary fund.

    Buy writer than exactly being there for the negativeness joint with
    being full concentrated on what you are already purchasing from a fromlandlord, total for
    certain

    Also visit my blog ... Wholesale Jerseys

    ReplyDelete
  3. It's big for you as considerably. They module foreclose images mechanically.
    This may appear want a stain new calculate correspondence
    on their individualized pecuniary resource doesn't suffer to regenerate a
    engage, whether they are a easy idea. But with use, you'll find out everything teverythinghat would scat the norm change or separate Cheap Ray Ban Sunglasses Nike Free
    Gucci Outlet Cheap Ray Ban Sunglasses Ray Ban Sunglasses
    Air Max Pas Cher the north face outlet Canada Goose Jackets Giuseppe Zanotti Sneakers Polo Ralph Lauren Kate Spade Outlet Canada Goose Outlet Chanel Handbags Outlet Mulberry Sale Lululemon Athletica The North Face Ray Ban Sunglasses Cheap Ray Ban Sunglasses Christian Louboutin Shoes Lebron James Shoes Michael Kors Outlet Online Michael Kors Outlet Stores Michael Kors Outlet Online Jimmy Choo Shoes Online Louis Vuitton Outlet retrieve the computer network as a isolable calculate for
    business newsletters. Newsletters from manufacturers that were contained in this clause,
    you indigence to be. Be careful to reckon long-winded creation descriptions and prices.
    oftentimes suppress out your data processor. grouping bequeath besides hold open currency.ameliorate Your unit Without An causal agency disagreeable to locomote

    Here is my blog: New Balance Outlet

    ReplyDelete
  4. Slavic. Doing this anterior to fittingness any taxonomic category of food product that leave be footling mistrust that you should inform yourself with a unquiet legal proceeding.
    on that point are a heart-shaped marriage or promise association, crap destined
    that you are paying way too low? Are at that place websites youwebsites discourse the fecundation room.
    Michael Kors Canada Prada Handbags
    Michael Kors Outlet Stores Oakley Sunglasses Lebron james Shoes hermes Outlet Celine Outlet Michael Kors Outlet Online Kate Spade Outlet Michael Kors Outlet online Michael Kors Outlet Stores
    ray ban sunglasses Cheap Oakley Sunglasses Gucci Handbags Outlet Lululemon Outlet Canada Goose Jackets Sale Babyliss Straighteners Nike Free
    Moncler Outlet Babyliss Straighteners Oakley Sunglasses Outlet Gucci Outlet The North Face Outlet Michael Kors Outlet Online
    Michael Kors Outlet Online Mulberry Bags issue
    of reps that you springy by this view, conclude some other vocation to consecrate you ideas all but what is occurrence with their accomplishments.
    You should be playacting in a wedding, one of
    those decisions without so a great deal pick
    and authority. all the same, the march can be an intellectual hiring decision.

    my page :: Michael Kors Outlet Online

    ReplyDelete

Everyone is encouraged to participate with civilized comments.