Posted in chart of the day, One World Currency, tagged balance sheet, Federal reserve, one world currency, printing press, quantitative easing, us dollar collapse on January 14, 2011|
Uhh, I think some thing big (and bad) happened in September 2008.
We changed course. Was that the change you hoped for?
That is an awful lot of printing…
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Thanks to Zero Hedge for the chart:
Federal Reserve Balance Sheet Update: Week Of January 13, $1.070 Trillion In UST Holdings
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Click on the article title for a link to full original referenced article.
Posted in Deception, End Times Prophecy, One World Currency, tagged america decline, deception, end times prophecy, global currency, one world currency, printing press, prophecy, us dollar collapse on November 10, 2010|
This is the root of where we went wrong back in the 1930’s. We strayed significantly from the constitution and we are paying dearly for it now… They are destroying our currency, and our countries sovereignty along with it…
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Is the Fed’s Debt-Buying Unconstitutional?
Is the Federal Reserve violating the U.S. Constitution’s separation of powers in its new purchases of $600 billion worth of U.S. Treasuries? Is the Fed engaging in an unconstitutional monetization of the U.S. Congress’ out of control spending spree that is really a bridge loan to fiscal insanity?
At minimum, should the Fed be avoiding these purchases until the fiscally debauched U.S. Congress, packed to the ceiling with fiscal dipsomaniacs, follows Great Britain’s lead in its fiscal abstinence that may “out Thatcher” even Margaret Thatcher?
Isn’t the problem fiscal incontinence and regulatory misfeasance, and business uncertainty about all of that, which is creating joblessness? Not a lack of liquidity and not deflation, which is not a clear and present danger, as instead inflation is still with us?
And isn’t the Fed dangerously habituating the stock, bond and commodities markets to a “new normal” of constant quantitative easing?
Open Revolt
Germany, China, Russia and Brazil are attacking the Fed’s move. President Barack Obama is now defending the Fed in his (more…)
Posted in Deception, End Times Prophecy, One World Currency, tagged currency wars, deception, end times prophecy, global currency, one world currency, printing money, printing press, prophecy, qe2, quantitative easing on November 9, 2010|
We are entering very dangerous waters. The backlash will be severe, we are already seeing the effects…
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QE2 risks currency wars and the end of dollar hegemony
As the US Federal Reserve meets today to decide whether its next blast of quantitative easing should be $1 trillion or a more cautious $500bn, it does so knowing that China and the emerging world view the policy as an attempt to drive down the dollar.
By Ambrose Evans-Pritchard, International Business Editor
Published: 9:56PM GMT 01 Nov 2010
QE2 risks currency wars and the end of dollar hegemony Photo: AFPThe Fed’s “QE2” risks accelerating the demise of the dollar-based currency system, perhaps leading to an unstable tripod with the euro and yuan, or a hybrid gold standard, or a multi-metal “bancor” along lines proposed by John Maynard Keynes in the 1940s.
China’s commerce ministry fired an irate broadside against Washington on Monday. “The continued and drastic US dollar depreciation recently has led countries including Japan, South Korea, and Thailand to intervene in the currency market, intensifying a ‘currency war’. In the mid-term, the US dollar will continue to weaken and gaming between major currencies will escalate,” it said.
Posted in Deception, End Times Prophecy, One World Currency, tagged americas decline, deception, end times prophecy, Federal reserve, global currency, hyper-inflation, hyperinflation, inflation, one world currency, printing money, printing press, prophecy, quantitative easing, us dollar decline on November 3, 2010|
Here we go, its official. Watch for price increases over the next 3-6 months…
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Fed to Spend $600 Billion More To Help Boost US Economy
The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.
The decision, which takes the Fed into largely uncharted waters, is aimed at further lowering borrowing costs for consumers and businesses still suffering in the aftermath of the worst recession since the Great Depression.
The U.S. central bank said it would buy about $75 billion in longer-term Treasury bonds per month. It said it would regularly review the pace and size of the program and adjust it as needed depending on the path of the recovery.
In its post-meeting statement, the Fed described the economy as “slow”, and said employers remained reluctant to add to payrolls. It said measures of inflation were “somewhat low.”
Posted in Deception, End Times Prophecy, One World Currency, One World Government, tagged deception, end times prophecy, Federal reserve, global currency, one world currency, one world government, printing money, printing press, prophecy, quantitative easing, us dollar collapse on November 3, 2010|
We are at a dangerous point this week. Under the cover of all the election hype, the federal reserve is making probably the biggest decision in this century…remain watchful, stock up on food & water, make sure you fill up your cars with gas…pray, trust in God. It is going to be quite a ride…
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Watch for what the Fed does today, headlines from Drudge on fed’s decision…
Treasury estimates $362B in borrowing for quarter...
Bernanke Faces More Congressional Scrutiny After Republican Election Gains...
PUMP: Fed Likely to Announce $500 Billion of Purchases...
'Biggest decision in decades'...
Fed easing may means 20% drop of dollar value...
'The end of dollar hegemony'...
Sen. Gregg: 'We're Greece' in a Few Years...
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Click on the article title for a link to full original referenced article.
Posted in Deception, End Times Prophecy, One World Currency, tagged americas decline, deception, devalue US dollar, end times prophecy, one world currency, printing press, quantitative easing on October 21, 2010|
He said this as well before the last round of printing to buy debt, that time it was hidden, this time? Who knows…
I am always amazed at how someone can say one thing and do the complete opposite. It is very common place these days. Deception seems to be the norm…
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Geithner Vows That US Won’t Devalue Dollar
Treasury Secretary Timothy Geithner vowed on Monday that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health.
“It is not going to happen in this country,” Geithner told Silicon Valley business leaders of devaluing the dollar.
Geithner broke his silence on the dollar’s protracted slide ahead of this weekend’s meeting of finance leaders from the Group of 20 wealthy and emerging nations in South Korea, where rising tensions over Chinese and U.S. currency valuations are expected to take center stage.
“It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to (be) competitive,” Geithner added. “It is not a viable, feasible strategy and we will not engage in it.”
Posted in End Times Prophecy, One World Currency, One World Government, tagged end times prophecy, global currency, one world currency, one world government, printing press, prophecy, quantitative easing on October 21, 2010|
More on Fed’s plans to fire up the printing press…
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Officials hint Fed on the verge of more easing
WASHINGTON (Reuters) – A string of Federal Reserve officials on Tuesday indicated the central bank will soon offer further monetary stimulus to the economy, with one saying $100 billion a month in bond buys may be appropriate.
While internal differences on the unconventional policy are still evident, the consensus view at the Fed appears to be that the economy is weak enough to warrant further support, most likely through increased purchases of Treasury debt.
The U.S. economy is expected to have grown just 1.9 percent in the third quarter, a level considered too low to bring down unemployment. The debt purchases would help lower long-term interest rates in the hope of boosting demand.
Posted in One World Currency, tagged federal budget deficit, global currency, one world currency, printing money, printing press, us dollar crash on October 15, 2010|
What are we doing? Even with over a trillion and a half of printed dollars from the Fed and we are still running a deficit of $1.29 trillion? We are digging ourselves a very deep hole…
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Government to report on $1 trillion-plus deficit
WASHINGTON – The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections.
The Congressional Budget Office is projecting that the deficit for the 2010 budget year that ended Sept. 30 will total $1.29 trillion. That’s down by $125 billion from the $1.4 trillion in 2009 – the highest deficit on record.
Soaring deficits have become a problem for Democrats in an election year focused on the weak economy.
Posted in Deception, End Times Prophecy, One World Currency, One World Government, tagged deception, end times prophecy, hyperinflation, inflation, one world currency, one world government, printing mony, printing press, prophecy, quantitative easing on October 15, 2010|
Strap yourself in, I hope we are ready and prepared for the ride, we are cranking up the printing presses…destination…first stop inflation…final stop…hyper-inflation…
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Bernanke Makes Case for Further Fed Moves to Boost Economy
By JON HILSENRATH
Federal Reserve Chairman Ben Bernanke made a case for new steps by the central bank to boost economic growth, saying inflation was running below the Fed’s objective of 2% and that the economy was on a course to grow too slowly to reduce unemployment.
Bernanke made a case for new Fed action to boost growth, saying inflation is running below the bank’s objective of 2% and that the economy is growing too slowly to reduce unemployment. David Wessel, Evan Newmark and Paul Vigna discuss.
“There would appear—all else being equal—to be a case for further action,” Mr. Bernanke said in prepared remarks for a conference on monetary policy at the Federal Reserve Bank of Boston.
The Fed is considering whether to restart a program of purchasing long-term Treasury bonds to push down long-term interest rates and boost growth. It next meets Nov. 2 and 3, and investors expect the Fed to proceed with such a plan at (more…)
Posted in Deception, End Times Prophecy, One World Currency, tagged deception, devalue US dollar, end times prophecy, Federal reserve, inflation fix, one world currency, printing press, prophecy, quantitative easing on October 7, 2010|
unbelievable!
I can’t believe they are talking about this, there is nothing worst for our dollar and our purchasing power. What little savings Americans have is being eroded (stolen) while it sits in banks. Check out the graph below, from a WSJ article, it shows the cliff we are facing.
If this quadruple whammy hits:
tax increases (from Obama and bush tax cuts expiring)(end of year),
Obama care takes effect (end of year),
our trade war with China is escalated (underway), and
the Fed’s Inflation Fix (between now and end of year)
we will go over the edge of the cliff…(just like in 1937…)
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Fed Officials Mull Inflation as a Fix
The Federal Reserve spent the past three decades getting inflation low and keeping it there. But as the U.S. economy struggles and flirts with the prospect of deflation, some central bank officials are publicly broaching a controversial idea: lifting inflation above the Fed’s informal target.
The rationale is that getting inflation up even temporarily would push “real” interest rates—nominal rates minus inflation—down, encouraging consumers and businesses to save less and to spend or invest more.
Both inside and outside the Fed, though, such an approach is controversial. It could undermine the anti-inflation credibility the Fed won three decades ago by raising interest rates to double-digits to beat back late-1970s price surges. “It’s a big mistake,” said Allan Meltzer of Carnegie Mellon University, a central bank historian. “Higher inflation is not going to solve our problem. Any gain from that experience would be temporary,” adding that the economy would suffer later.
Posted in Deception, End Times Prophecy, One World Currency, One World Government, tagged deception, end time prophecy, end times prophecy, Federal reserve, global currency, one world currency, one world government, printing press, prophecy, quantitative easing on September 20, 2010|
Big decision tomorrow…
Do we fire up the printing press for another…gulp…1-2 trillion dollars?
Quantitative Easing = print money to cover purchase
This is one of the triggers we have been watching that could signal our collapse and make way for global currency and eventually global government.
We will see, tomorrow is the first decision point…
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Fed Mulls Trillion-Dollar Policy Question
How much of a boost to the U.S. recovery could another trillion dollars or two buy?
That’s a tricky question for the Federal Reserve when it meets Tuesday to debate what would warrant pumping more money into the financial system.
To battle the financial crisis, the Fed bought $1.7 trillion of longer-term Treasury and mortgage-related bonds, supplementing its pledge to keep interest rates near zero for a long time.
All told, it helped stabilize a collapsing financial system and to avert what could have been a second Great Depression.
Now, faced with a 9.6 percent jobless rate and below-target inflation, Fed policymakers are trying to gauge how much they could achieve if they resume massive quantitative easing.
Few analysts expect the Fed to launch a new round of bond buying this week, and uncertainty over the impact of fresh moves may be a factor keeping the central bank on the sidelines.
“I think part of the hesitancy of the committee to use quantitative easing a second time around relates to views of its effectiveness,” said Vince Reinhart, a former Fed staffer.
