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Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

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  • #61
    Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

    Originally posted by metalman View Post
    where's my deflation!
    Back ordered again?
    It's waiting until after Halloween?



    Originally posted by metalman View Post
    Mortgage rates spike - leap size tops '87

    Rates saw the biggest weekly jump since 1987 - analysts predict 30-year fixed mortgage rates will climb higher, and pin the hike on government rescue efforts.

    er, shouldn't the gov't rescue send the rates down?
    That's one universe over, in the Land of Oz. ;)
    http://www.NowAndTheFuture.com

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    • #62
      Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

      The Hank/Ben bailout is trying to slow the rate of destruction of money by replacing some of the Banks' lost capital -- Finster's FDI is the clear evidence of money destruction -- if this slowdown works, it is hoped that the economy will not spiral into a self reinforcing deflation -- but only result a very painful recession.

      In a nutshell, it is thought that more money will be destroyed than is pumped in by the Government

      The Jury is still out on whether it is going to work see again Finster's FDI and the discussion

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      • #63
        Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

        Originally posted by Rajiv View Post
        The Hank/Ben bailout is trying to slow the rate of destruction of money by replacing some of the Banks' lost capital -- Finster's FDI is the clear evidence of money destruction -- if this slowdown works, it is hoped that the economy will not spiral into a self reinforcing deflation -- but only result a very painful recession.

        In a nutshell, it is thought that more money will be destroyed than is pumped in by the Government

        The Jury is still out on whether it is going to work see again Finster's FDI and the discussion
        So sterilization is the destruction of money in one area of the economy while it is created in another, or by another more charged name... a massive wealth transfer, from the ecomomically uneducated to the rich?

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        • #64
          Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

          Originally posted by Jay View Post
          So sterilization is the destruction of money in one area of the economy while it is created in another, or by another more charged name... a massive wealth transfer, from the ecomomically uneducated to the rich?


          No, no, it's an investment.

          401k's, mutual funds... all of this is part of it. but it gets worse in this case: they're attacking GLOBAL savings now.

          100 years ago, you did this through war. now, we do it exploiting the weakness of human nature: no bravery nor sacrifice required. Quite Taoist, really... the Tai Chi of theft.

          Master Thief Rothschild would be impressed by this coup.

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          • #65
            Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

            Originally posted by Jay View Post
            A massive wealth transfer, from the ecomomically uneducated to the rich?
            That is the raison d'etre of the whole Financial System -- and it has been for a long long time

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            • #66
              Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

              Originally posted by Jay View Post
              a massive wealth transfer, from the ecomomically uneducated to the rich?
              Ellen Brown had a good article on this topic --
              THE COLLAPSE OF A 300 YEAR PONZI SCHEME:
              THE REAL DEBATE IS CRONY SOCIALISM OR FINANCIAL SOVEREIGNTY


              Her other article - ITíS THE DERIVATIVES, STUPID!
              WHY FANNIE, FREDDIE AND AIG ALL HAD TO BE BAILED OUT
              is worth aread as well

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              • #67
                Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

                Originally posted by Rajiv View Post
                This one has seeds of truth in it and then the usual claptrap about "credit" or "money" should be created by the government, a national resource. :rolleyes:

                Plllllleeeassse...

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                • #68
                  Re: Confusion reigns: A crisis-driven global rush to dollar liquidity is not deflation

                  Before you throw her ideas out of the door -- constitutionally, issuing money was the sole perogative of the government until not too long ago -- something to think about.

                  Article 1, Section 8 of the Constitution enumerates the powers of the government. It reads in part:

                  The Congress shall have Power . . .

                  * To borrow Money on the credit of the United States;

                  * To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

                  * To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

                  * To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
                  There is an extremely good library on monetary topics at appropriate-economics.org -- It is well worth exploring

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