Schlagwort-Archive: Bernanke

Endk(r)ampf

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Now dear Readers, if you think there must be an end to ignorance and deception. You have to read the following:
http://www.icis.com/Articles/2011/08/09/9483817/us-fed-promises-record-low-interest-rates-for-at-least-two-years.html

One can see they are absolutely clueless and can’t help but trying to prolong the suffering of a complete and without doubt unsustainable way.

With that Bernanke has now proofed he’s an even bigger defrauder than Greenspan. What will he do if the inflation starts galopping. The prices for food and fuel are nearly running. (Well it’s get a bit better because of the fear of a recession). Anyway they do it again and again and again, making money cheaper and cheaper just to keep this big ponzi-scheme running a bit longer.
We now have negative interest and it’s getting worse. They probably will futher buy securities etc. and printing money..

I always thought some sanity and knowledge must be present even with central bankers, but they’ve prooved me wrong. They are clueless and just panicking. The actions will accelerate the “Untergang”.

Reading suggestion

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Well if I’m have one special weakness, then it’s reading. And because of this weakness I stumbled upon quite few books which one just can
name “eye-opener”

It has happened with the following books: Human Action, the road to serfdom. Geldsozializmus, End the Fed, and stuff from Friedman. Now it has “happened” again. This
time I strongly propose reading “This Time is different”. In a few words. “The state of affairs is devastating”. I never could imagine men so stupid over and over again but
here we go.

I know this books will not be read by those responsible for the mess. For them another books is the guide line. “Expert Political Judgement” and here especially the hedgehoogs. And those
are mostly getting it wrong but it does not matter, the main reason for them is “They are heard”. And so you can easily identify them in the form of Bernanke, Krugman and all those. They “know” what the future will bring
and they “no for sure” the cure. Unfortunately most of the time they do not get it right. And you have one suggestion free on whom they harm…..

Reputation of the Fed

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Well I just can conclude it sinks faster than ever for me.

Now they want to stick to their program of printing money. And well if you have savings you got robbed day by day, monthy by month year by year. The inflation raises (just remember:
http://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx. And more an more of them are getting real

We’re not yet in the common over 4% inflation rate, but just in a few areas. The politicians start blaming whomever for “unfairness”. Especially unfair are those more successfull ones. Subsedies are paid
but do not yield the proper cash-flow. And the large corporations do whatever they can to not pay taxes (I wished everyone could afford the tax specialists of this corporations). And so the government does not get any earnings and starts printing money. With the “circle of “money””. The government issues bonds, the feds buys this bonds and the new money is spend in anything having some worse. Inflation raises and so on.

I doubt that ever in history a failure of a world champion has happened in such short time. In just 3 years the USA turns from a free system in a government controlled nightmare. They overextend their means and are now paying dearly, but currently the deledefs lovers “gain”. And I’d not be suprised to see more of them buying land. I bet they are preparing for the after-crash. And then they will claim themselves to be the “true” americans. The question is are thieves the “true” americans or aren’t they?

Maybe not all is lost at least some states remember what value means. And maybe this will save them. We just have to wait and see what the bureaucrats in washington and everywhere will do….

Economig knowledge a scarce thing?

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I wonder who can follow:
http://finance.yahoo.com/tech-ticker/the-3-reasons-bernanke-can%27t-win-535601.html?tickers=^UDN,^GSPC

Bernanke does the same as Greenspun had did, flooding the markets with money. Well let me ask if
http://fdominicus.blogspot.com/2008/10/fundamenls-misunderstood.html

How should one interprete the following sentence:
“This is monetary policy, not something vital to the future of the world, like, say, who gets kicked off “Dancing with the Stars.” ”

Irony? Sarcasm? Well, if you just read on you read this
“Since very few people in Washington have his back — Democrats distrust him because he was appointed by Bush, and Republicans distrust him because he was reappointed by Obama — the mean girls and guys feel free to lob spitballs at him every time he gets up to speak.”

You can see the author means this literally. It’s unbelivable that this should be true:
“Daniel Gross is economics editor at Yahoo! Finance.”

He does not get one thing straight. And even more unberable:
“Bernanke engaged in plenty of unorthodox activities — taking short-term interest rates to close to zero,”

Just imagine monetary policy is unimportant but in the same arguments he points out what Bernanke has all done. Well if that all is so unimportant why should Bernanke do anything? Why does he even write a sentence about Bernankes actions?

Monetary policy is important and the most important goal of any monetary policy must be to have stable money. he does not even think that, that this is important. So it’s as saying air is not imporant. I guess we should give him a few hours in a cheese cover. If he survives, than I admit my error. Air than is unimportant, if we have to get him out of the cover and he surives than he may have to admit that AIR is important.

More than one big inflation has shown, there are much more loosers than gainers. And it always has shown also. Those having done responsible will have to pay for he others, and a new round of blood-sucking starts. We are surely in a blood bath, and Bernanke has started it.

Well irony get’s a new meaning, this is what I found a Mr Greeenspun has to say:
http://www.ft.com/cms/s/0/b6e3d086-ed12-11df-9912-00144feab49a.html#axzz15KXx2tQN

I wrote about it more than once

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well the economic knowledge of Obama and his Gang is near non existant. Even before the US citizens have voted for Obama I have written, that he does not have an economic expert knowledge.
If you can find my writing about it here: http://fdominicus.blogspot.com/2008/10/keep-this-on-record.html

And he shows this gapping hole again. If he really has said that Germany profits from the “open” US markets. Well then I’ve some extra news about it for Obama. The German market is (at least for cars) as open as the US market, but people do not buy american cars. And they have good reasons. I bet the Americans also have good reasons to wish for german cars. If that will get more expensive, who will gain from it than?

The other gap is that Obama really seems to believe that introducinb barriers to free trade will do any part anything good. It’s as if you’d say alcohol is good for alcoholics.

I warned you before it all I warn you again. If the Fed and governement do not start striving for sound money, you will all get really poor. You than just can hope to have enough land to grow your own food. If that is what you want just follow Obame. He’ll manage to look this times as heaven on earth….

What I wish Obama and his Gang

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especially Bernanke and not to forgot Geithner and last but not least expert Krugman. That they have to suffer under their own decisions. Guess Obama on Medicare or the like. Wouldn’t it be wonderful? Well that will not happen. If the retire they will with something above 10000-20000 Dollar each month. And if Obama follows the “presidential” path, he well charge you without beeing ashamed a bit 50000 US-Dollar for each speack. Where he will “describe” the world, and enough big money holders will be stupid enough to hire them. Another interesting finding would be to find the children of them in the public schools. Have you ever dared to ask where the childrens of this “highly respected” persons are going? Or can you imagine an president waiting a few hours till a doctor comes looking after them? Or even simpler, can you imagine anyone from the family having to shop themselves? I bet if the Obamos go shopping the whole warehouse is closed down, a few dozen bodyguards and policemen will stand in the front of that house and “inspect” everyone entering that warehouse. One even can imageine a descreet question to the secret services about the sales-persons. This is really “comfortable”, they live in a shell. Which has not much to do with reality of anyone else. Then one surely can talk about great visions and even better so because you know whom to give the invoice. Yes, we need of course this and that and because of “whatever” we have to higher this tax so much, have an extra fee for that.

Indeed you are really stupid to be a criminal better you be a politician. It will be more profitable and you get admiration and bootlickers and if you live out your sexual desires you just have to look like a sausage dog and tell how terrible sorry you are and the people are goony enough to say. Oh this poor little president, let’s vote for him again.

Do you feel I’m mad about our Deledefs?