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Median Household Income is still 7.5% below 2008 when adjusted for CPI. And yet the lemmings continue to reelect the President and Congress. We need a one term and you are out law.
The article states the CPI is a totally gamed number, which he knows because he feels it. The real number is completely unknown to him. Then says the Fed created all of this in a conspiracy that he cannot prove out point out any reason for existing. Then anyone who disagrees "worships" the fed...instead of realizing making crazy unfounded claims without evidence is a sign of mental illness.
It is a pretty good parody of a conspiracy nut though. I give props to the Poe.
Compare the graph to the 1930's and it is stunning that the graphs are the same, except one. The federal reserve graph.
Using inflation to tax the people for it, instead of the banks taking the hit.
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. –Andrew Jackson
It is to be regretted that the rich and powerful too often bend the acts of government to their selfish and greedy purposes.
The article states the CPI is a totally gamed number, which he knows because he feels it. The real number is completely unknown to him. Then says the Fed created all of this in a conspiracy that he cannot prove out point out any reason for existing. Then anyone who disagrees "worships" the fed...instead of realizing making crazy unfounded claims without evidence is a sign of mental illness.
It is a pretty good parody of a conspiracy nut though. I give props to the Poe.
So you are denying that there are unnatural forces at play which help to direct most investing into the stock market? Are you simply ignorant to the fact that The Fed has been creating an unprecedented amount of made up wealth since 2009-of which 95% has gone to 1% of the population while 90% of Americans have gotten poorer?
You seem to be the most outspoken cheerleader of the stock market and Federal Reserve on these boards so it would be interesting to hear what you have to say about economists at different Fed branches themselves-including Dallas and Philadelphia-that are now speaking out against "quantitive easing" and the destruction it will cause in the near future.
The article states the CPI is a totally gamed number, which he knows because he feels it. The real number is completely unknown to him. Then says the Fed created all of this in a conspiracy that he cannot prove out point out any reason for existing. Then anyone who disagrees "worships" the fed...instead of realizing making crazy unfounded claims without evidence is a sign of mental illness.
It is a pretty good parody of a conspiracy nut though. I give props to the Poe.
The article states the CPI is a totally gamed number, which he knows because he feels it. The real number is completely unknown to him. Then says the Fed created all of this in a conspiracy that he cannot prove out point out any reason for existing. Then anyone who disagrees "worships" the fed...instead of realizing making crazy unfounded claims without evidence is a sign of mental illness.
It is a pretty good parody of a conspiracy nut though. I give props to the Poe.
When you exclude things that largely affect people on a daily basis like energy and food its a bogus barometer.
So you are denying that there are unnatural forces at play which help to direct most investing into the stock market?
Now the forces are outside of nature? Like demons or wizards or something?
Quote:
Originally Posted by 2e1m5a
Are you simply ignorant to the fact that The Fed has been creating an unprecedented amount of made up wealth since 2009-of which 95% has gone to 1% of the population while 90% of Americans have gotten poorer?
You seem to be the most outspoken cheerleader of the stock market and Federal Reserve on these boards so it would be interesting to hear what you have to say about economists at different Fed branches themselves-including Dallas and Philadelphia-that are now speaking out against "quantitive easing" and the destruction it will cause in the near future.
No, just outspoken against stupid conspiracy theories with no grounding. The ones about the Fed are laughable at best.
Quote:
Originally Posted by Roadking2003
So, cut the fluff. Are you disputing the graph?
Your question is bizarrely wrong and shows you didn't read a word I said. I am disputing the authors idea of the conspiracy that caused it. As well as questioning the author disputing the graph that he feels is much worse...but cannot provide anything to back that claim up.
Quantitive easing is about as unnatural, abnormal, unusual, extraordinary, strange and unorthodox as it gets-sorry you don't seem to understand these things-not many Americans do.
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