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I see your statement as a veiled attempt to deflect the harm done by QE. If you truly hesitate to involve yourself into a discussion like this, you wouldn't have.
I believe Andrew Jackson fought hard against this. He knew full well a Centralized Bank would destroy freedom and bring control to the people of this nation, by those that hold all the gold.
It is happening now, with banking and corporations.
The top 5% benefit from QE, not the poor and not the middle class.
He who holds the gold, rules the world.
Many of us warned of this years ago. Best and brightest my ass.
Warned of what? For six years conservatives have warned that monetary expansion would be inflationary, drive interest rates skyward and devalue the dollar. None of those things happened.
Apart from being bad, monetary expansion is good in these times.
I believe Andrew Jackson fought hard against this. He knew full well a Centralized Bank would destroy freedom and bring control to the people of this nation, by those that hold all the gold.
It is happening now, with banking and corporations.
The top 5% benefit from QE, not the poor and not the middle class.
He who holds the gold, rules the world.
Because he knew it would be a take over of the nation's money supply by a cartel of bankers.
Yes and no. Don't forget that many of the largest institutional investors are the union pension systems... CalPERS Equities
Yes, according to one study by 2010 67% of all stocks were institutional. iirc (US) Most likely that number is up. This has been a significant long term trend.
Sorry Feministas--It's looking like the big boys at The Federal Reserve will be ready to pull the plug and have the SHTF soon after the first female Chairman of The Fed is put in power.
Bernanke will get his golden parachute-but along with Milton Friedman, Greenspan and others-should never be forgotten for their monstrous roles in bringing down the World economy.
Warned of what? For six years conservatives have warned that monetary expansion would be inflationary, drive interest rates skyward and devalue the dollar. None of those things happened.
Apart from being bad, monetary expansion is good in these times.
There is asset inflation. This is also effecting COL. While money velocity is also at a historic low. As to devaluing the currency this is happening, but in slow motion. There are other factors preventing the devaluing from being worse.
Where the money goes is what matters. Clearly, the govt elite and banksters are benefiting while main street is not.
Sorry Feministas--It's looking like the big boys at The Federal Reserve will be ready to pull the plug and have the SHTF soon after the first female Chairman of The Fed is put in power.
Bernanke will get his golden parachute-but along with Milton Friedman and others-should never be forgotten for their monstrous roles in bringing down the World economy.
Bernanke ducked out and these stories now do sound a bit like rats leaving a sinking ship. Like Greenspan feigning naivete and ducking. This is classic leave while the gettings good.
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