posted on Mar, 28 2008 @ 12:11 PM
the fed has to keep rates low because this = high oil prices
the gov't spends lots of money , high oil prices ensure that our arab buddies have alot of dollars which they use a portion of (petro -recycling) to
buy u.s treasury debt (returning favor for increased wealth) this purchase of treasury debt helps ensure that long term interest rates are kept
relatively low supporting the U.S treasury bond market (which is larger than the stock market in total value)
remember oil prices have risen nearly 8 fold while the dollar has lost about 40 percent of value (last decade or less) , seems to me when (devaluation
is factored in) the arabs are still making a killing.
the european oligarchs (club of isle's) own a large stake in the world's diamonds and also a few petro company's, where their assets are priced in
dollars, they enjoy when their assets tend to sky rocket in value (although their greatest asset is their power / their influence), perhaps they would
frown on ECB cutting rates, unless they could do so in a way that sustains large commodity prices.
the other elephant in the room is the continuing U.S house value declines in the midst of this tremendously leveraged banking sector (the leverage btw
is the reason that relatively normal (as far as recession's go) gyrations threaten to this time take the whole system down)) a giant resolution
trust plan may be enacted thru gov't backed fannie and freddie to put a floor under house prices) not sure if this would work because historically
sustainable house prices seem to need the support of a certain wage to house price ratio, which now (w current wages) points to lower values. but i
guess this would abate a down ward pressure in the dollar, the question i have is it in anyone's (bildergberg?) benefit to overthrow the
petro-dollar system soon, and is this what the NWO is to be created out of (the end of dollar hemogeny) or pehraps it is a shift from
(oil=wealth=power) when the arabs seem to grab the upper hand, maybe the u.s is trying to control more and more arab oil, so that they can hoard the
oil supply's, to better perpetuate peak oil thinking, creating another pillar for supporting high oil prices, yet while also increasing the
subsequent demand for alternate fuels/markets (where western powers can dominate) but also to stymie the arabs from getting too much wealth, and
threatening the influence/power by cutting off the amount of energy they have under their influence.
end part 1
[edit on 28-3-2008 by cpdaman]