It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Fed Is Now Openly Targeting Hyper-Inflation

page: 1
3

log in

join
share:

posted on Nov, 23 2010 @ 06:26 PM
link   
Zero Hedge reports:

"Participants also differed in their assessments of the likely benefits and costs associated with a program of purchasing additional longer-term securities in an effort to provide additional monetary stimulus, though most saw the benefits as exceeding the costs in current circumstances. Most participants judged that a program of purchasing additional longer-term securities would put downward pressure on longer-term interest rates and boost asset prices; some observed that it could also lead to a reduction in the foreign exchange value of the dollar. Most expected these changes in financial conditions to help promote a somewhat stronger recovery in output and employment while also helping return inflation, over time, to levels consistent with the Committee’s mandate."


For those of you who don't understand arcane gibberish, he's saying the Fed intends to print untold trillions of dollars because they [wrongly] think this will help fuel an economic recovery.

This has been tried many times in the past, always resulting in failure.

It will fail again, only this time the stakes are much much higher.

I hope you got gold and silver, because you will be buying bread with it in your lifetime.

edit on 23-11-2010 by mnemeth1 because: (no reason given)




posted on Nov, 23 2010 @ 06:33 PM
link   
reply to post by mnemeth1
 


Yet the fed still says it may take years to recover?

The Fed know if they leave things alone, things will naturally level out. They don't want that.
fed say recovery may take years



posted on Nov, 23 2010 @ 06:41 PM
link   
They know that it will not work - so it is time for another global conflict- so please turn your attention to the NEW Korean staged conflict - which will give us some juice for our economy


Plus we get to go after China - our actual target - gotta have a new super villain in this stage production

www.cfr.org...



posted on Nov, 23 2010 @ 06:51 PM
link   

Originally posted by ksorelleesq
They know that it will not work - so it is time for another global conflict- so please turn your attention to the NEW Korean staged conflict - which will give us some juice for our economy


Plus we get to go after China - our actual target - gotta have a new super villain in this stage production

www.cfr.org...


I agree completely.

This whole thing was staged.

South Korea shot first.

They are hungry for war.

The ultimate distraction as they finish off looting the economy and destroying what is left of freedom in this nation.


edit on 23-11-2010 by mnemeth1 because: (no reason given)



posted on Nov, 23 2010 @ 06:52 PM
link   

Originally posted by thewholepicture
reply to post by mnemeth1
 


Yet the fed still says it may take years to recover?

The Fed know if they leave things alone, things will naturally level out. They don't want that.
fed say recovery may take years


If they left it alone, all the commercial banks would be forced into bankruptcy.

Can't have that now.

Some mega-billionaires might lose their fortunes.



posted on Nov, 23 2010 @ 07:20 PM
link   
reply to post by ksorelleesq
 


I forgot additional support--- the part where people flock to the DOLLAR today because of the global uncertainty -

www.insidefutures.com...



posted on Nov, 25 2010 @ 02:33 AM
link   
reply to post by mnemeth1
 


We will not be buying bread with gold and silver... do not be foolish. Why? There is not enough physical gold and silver to actually provide an effective system of barter worldwide....

Additionally, if the economy moved to gold and silver, what would happen to those who have billions in paper wealth? The situation you talk about is complete anarchy. Rather than investing in gold and silver, you should invest in food staples and a bunker if you feel that gold will be the only viable means of trade.




top topics



 
3

log in

join