Where is all that new cash going?

Normal people dont see any of it...
http://wealthcycles.com/blog/2010/1...ldrepedelm+(GoldrepEdelm)&utm_content=Twitter

 

Read my post "America's economic terrorism." in today's new posts.

 

the federal reserve and the 'creation of money' process is so fucked up.

its absolutely astonishing bob bernanke won Time's person of the year last year.

fuckin robbers in suits

 

Time Magazine has a track record of picking some great losers.

http://www.csmonitor.com/Business/n...ke-is-Time-s-Person-of-the-Year.-Is-he-doomed

.

 

Wow, I guess we know what all your positions are on government, let alone economy. I love libertarians, so wrought with great ideas on handling mass populations throwing around money and goods.

 

http://www.cnbc.com/id/40108312

Midgard you provide so much crap, from unreliable fucking ridiculously biased sources.

 

candy bar goes up 5 cents, and a pack of toilet paper goes up 9 cents.. that's where it's going.

also it ben bernanke, not bob

 

who was that directed towards?
and what does this have to do with libertarianism?

oops. ya ben

when money is issued, and released into circulation, each one of your dollars decreases in value. one can consider this an invisible tax. in addition, the bonds initially issued to make this money given to this "private bank" creates more debt because they owe this bank. money and debt are equally proportionate and it is impossible to rid or reduce debt with money.
when ben bernanke and these elitists create money, they're taking money from people and business, and creating a debt for someone somewhere in the conomy to have to deal with for the purposes of government actions or to assist their failing budget. they do this without consent from an unknowing populace.
its pretty sad.

 

dollar decrease in value or price of goods and services go up... same same.

also if its pretty sad then do something. if you dont want $$$ then buy something else with it.

 

Marty the Globalisation lover

 

I meant all of your as in all of you, because the stances all boil down to one view: Government should do nothing. I still think Libertarianism is a good label for the view, because a lot of it is based on the conservative idea of freedom, which is then used directly in discussion of free market with humongous wealthy institutions in the drivers seat of the United States Economy Monetary System, the main difference the FED being public despite the willingness of its critics to call it private, although it is operated similar to a private institution (aka Banks). The private banks are the ones that can be responsible for excessive crediting. Obviously this is a good opportunity for foreign powers to take a critical position against America, when there is a decrease in our bartering power, and they can do so out of jealousy of the stimulating domestic balance sheets. But as they say, what's good for the goose isn't always good for the gander. The U.S. is correct in assessing that some emerging economies are undervalued. We have a bad trade deficit and it will be good to ease it, not to mention we are still meandering around deflation. I have faith the board at the FED has the knowledge and experience to adapt to fluctuations. It will be interesting to see what effect this will have globally, but I think it will be positive.

Edited: Oh yeah and more about Liberty. The conservatives want you to think Liberty is about free market being accountable for themselves, when really its the corporations that need an eye on them. I consider myself a true libertarian, and certainly would support personal lifestyle liberty, as well as a bustering trading market system, but obviously we need to protect true liberties. I guess it's only in the spirit of true liberty the private correctional facility industry take off at unprecedented rates hugely increasing the demand for criminals and arrests.

 

yeah i was just further explaining.

i dont understand what youre saying in that last sentence.
and theres only an extent of stuff i can do, and i am doing the main thing of telling and discussing it. i could protest money entirely, but i'm not at a point in my life where i can or am willing to right now.

eh im not libertarian really, i oppose both business and government, and also fiat money especially (you can say fiat money is a result of either or both business and government). and i guess it does come down to the institution of fiat money, as opposed to representative money. i've heard libertarians for the federal reserve because they like privatized institutions, and i've heard some against it because it pretty much is a government agency. it's considered a private bank on a technicality, but i wholeheartedly believe it as a government agency since the government uses it primarily for bonds, it has political officials, and because fundamentally the government owns all money based on the definition of fiat money. so i think a true libertarian should oppose fiat money, and support the barter system. no fiat money = no federal reserve/central bank

 

The death of the Dollar?
http://endoftheamericandream.com/ar...d-be-on-the-verge-of-a-global-currency-crisis

 

yeah fall 2013 is the when it gonna happen.. that what my chart cyclist guru say

 

I'm sorry but we're far passed the point where that view is a reasonable and good idea for U.S. or global economy. You can blame your conservative leader Nixon for taking us off the Standard. Now it would be silly not to moderately treat an economy that is damaged by an excess in the system. Of course the wealthy don't want anything done because it threatens their ability to be content right now, because they are, and have always been, wealthy. Lets NOT try to help the whole system top to bottom.

 

Another Fear mongering article Midgardsun, Impressive!

If the world knows they should have faith, and that losing faith will only cause major global wide problems, then why would they consciously decide to have no faith, in what is still the best world wide reserve currency. Just because they want to take an egotistical stance against the U.S., out of what, jealousy?

 

"far passed the point"? well we're going to get to a point where we're far passed the point of thinking of alternative solutions before the shit hits the fan. fighting fire with fire is not a good solution in this case, metaphorically you need water. there should at least be a change in our money, change it to representative money so that it represents a resource, gold or something. money as it is, is a resource itself that people solely control, and knowing people, that isn't smart. credit will catch up to us, banks being the ponzi scheme they are, will collapse, collapsing investments in the US by other countries through the banks and such, and knowing that fossil fuels are only falling in supply and will never replenish, this collapse is absolutely inevitable. including the examples in midgard's article.
i kind of can't wait for that to happen because then people will actually start thinking about alternative solutions and how to prevent things like that from happening again.
why do you think that article is 'fear-mongering'? a lot of economists would agree with it. theres no reason to really deny articles like this. what you're portraying, in my opinion, is giving up on improving our economic state.

jealousy?!? what are you talking about? how is rethinking our use of money any thought relating to jealousy?

"why would would they consciously decide to have no faith.." because obviously something is wrong, this is progressive thinking.
"..in what is still the best world wide reserve currency" means nothing to me. this just means we should be apathetic, forfeiting, or just slaves to the same-ol' system

 

I'm not ruling the possibility of that occurring but I doubt it is "inevitable." Maybe we should have representative money system but the system is now so heavily dependent on the fiat money. I think what you're portraying is way too hopeful, a dream, and not a likely possibility. Not that it isn't a good idea.

I never completely ruled out the article but I mentioned it was based on the idea that everyone with the power will make the worse possible choice, which isn't very likely. If the rest of the world can go on some sort of Standard, and the U.S. can't then I'd be legitimately worried about the future of the U.S. Economy. Again I don't think any of this is very likely or probable.

Yes a sort of jealousy of the U.S. long standing top influence in the global economy, and taking a silly stance against us just because. And the foreign powers criticizing the United States central bank's decision, have done opposite of offer alternative economic ideas. One person, the world bank head, who wasn't criticizing the FED suggested the international standard be gold, but only in a last consideration down the line type of deal. http://www.reuters.com/article/idUSTRE6A70D720101108

Instead of offering alternatives the foreign powers have threatened they devalue their own currencies, like "if you can do that then I should be able to as well." Our distinction being a huge trade deficit.

Again they would only decide to abandon it out of petty anger with the U.S. and how we come across as hypocrites, not because somehow they have some amazing better ideas. They don't.

The silliest thing about all of this is the talk and fear about huge inflation, when we're currently in more danger of deflation. We can't even have market rises without a sell off not long afterward, and congruently, the dollar is yet to steadily decrease. Just look at the market this week.

 

Slave's is one way to put it, but it doesn't count for the fact that the choices were already made uncoerced, because they would lead to a prospering system, and they have. What we have found though is that when the system is left unchecked whack decisions are made at the hands of a small segment that can be damaging widely.