Fed props up economy with TONS of new cash
According to Axis of Logic:
Three separate sources in the U.S. Treasury have told me that this week, the federal reserve ordered TWO TRILLION dollars to be printed! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse.If you think they're printing this money to prop up the physical economy, think again.
Even worse, I was also told that the whole Immigration Amnesty Debate (especially the well-funded well-attended protests) was deliberately scheduled to take place now, to divert attention from this massive printing/devaluation of the U.S. Dollar. The feds allegedly figured that by the time anyone found out, they could smooth things over. They figured wrong. Surprise, boys, you've been exposed!
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This just in from the editors of Axis of Logic:
Editor's Note: On 3/28/06 we published an article which stated that the Federal Reserve has ordered 2 Trillion dollars to be printed by U.S. mints. We mistakenly published this text instead of the one we meant to publish (below) from Free Market News. The report on the Fed's printing of 2 Trillion Dollars is not adequately supported with sources and supporting factual information. Therefore we pulled that article today, March 29, 2006 and replace it with the article we meant to publish. We apologize to our readers for this error on our part. - LMBI'm not sure that it makes much of a difference though since, as the article from Free Market News points out, "The Federal Reserve can create new dollars out of thin air."
Bottomline, it doesn't really matter whether they print it, or issue it as "credit." Increasing the volume of money/credit devalues the money in circulation.
Besides, things are happening very fast and chances are, there is a grain of truth to this news after all.
Finally, adding tons of money to the economy is not unprecedented.
posted by qrswave @ Tuesday, March 28, 2006
15 Comments:
I belived this a while back, the feds so called new look for our paper, all the funny colors and shit (see the new $10)..with all the old money still in circulation and added all the new funny money, of course it is obvious what is happenning..scary times to say the least
Don't forget the discontinuation of the M3 money aggragate. For the first and only time in over 50 years...now we have no idea how much money is in the system.
Don't believe me?
Check the federal reserves site, yeah!
http://www.federalreserve.gov/releases/h6/discm3.htm
This is very interesting since it shadows the actions of the financial powers of Germany and other European history. I am reminded of an exerpt from,"The Transfer Agreement" by Edwin Black.
"In 1919, the value of the mark was around 9 to a U.S. dollar; in 1921, 75 marks to a dollar; in 1922, 400 marks to a dollar; and in early January 1923, 7,000 marks equaled a dollar.
...By late 1923, the mark had jumped to 18,000 to the dollar and began inflating astronomically, until 1924 it was about 5 TRILLION TO A U.S. DOLLAR."(emphasis mine)
It is becoming clear what the intentions of the men that control this nation have in mind. This is not mere coincidence, it is the modus operandi of the agents of Rothschild. They destroyed the economies of Europe, founded 'Israel' in its present form and those that profess to be students of his ideology are working in the highest echelons of our government. Just look at the appointment of Joshua Bolten.
http://www.jpost.com/servlet/Satellite?cid=1143498754996&pagename=JPost%2FJPArticle%2FShowFull
"At the short White House ceremony Bolten said he is "deeply honored" by the opportunity to succeed Andrew Card. Bolten is highly appreciated in Washington for his deep knowledge of government affairs and for the long hours he puts into his job. A son of a CIA official, Bolten grew up in a Washington Jewish family and graduated Princeton and Stanford.
Before joining the White House he held an executive post with Goldman Sachs investment firm.
Bolten is the highest-ranking Jewish staff member in Bush's White House since the departure of spokesman Ari Fleischer before the 2004 elections. He is one of two Jewish cabinet members, with Homeland Security Secretary Michael Chertoff."
All of this after the firestorm over the release of The Israel Lobby from the Harvard and Chicago teachers, addressing the amount of exerted influence they hold over the making of American foreign policy.
One of the things that wasn't caught was how the Zionist influence goes to the very depths of education of the American people. When Zionist money dictates the education of Americans it has gone on far too long.
Also consider this along with the appointment of Joshua Bolten a FORMER EMPLOYEE OF Goldman Sachs:
http://www.bloomberg.com/apps/news?pid=10000081&sid=aFNW73os44IA&refer=australia
Buy Australian Dollar, Sell U.S., N.Z. Currencies, Goldman Says
March 28 (Bloomberg) -- Goldman Sachs Group Inc. recommends investors buy the Australian dollar versus both the U.S. and New Zealand currencies, because of an improving domestic economy and recovering commodity prices.
ksdrover, outstanding observation!
ksdrover goldman sachs group. they are the money changers one of the private founding banks of the Fed Reserve. The Fed needs to be gone and the rest of the money changers. Print greenbacks again like Lincoln.
ksdrover two weeks ago goldman sachs was saying to get out of gold. now what happens to gold when the dollar is devalued. rhetorical question yes.
Gold goes up when the dollar goes down.
thanks qrswave just helping open people eyes. I do a great deal of historical research as a hobby and because I am a teacher. As one I give my students the tools necessary to correctly identify the events taking place and put them in historical context so no misperception can occur. During these times it is imperative to see how history is repeating itself regardless of the lies of our government and MSM.
anon 3:57- thanks, I am aware of the source of the Federal Reserve as well as the origin of our 'foreign policy'. Rothschild's are at the heart of ALL of these things. It is their SOP that is being followed. They are the 'moneychangers' and they have made a despicably lucrative career out of the destruction of many a nation. What MUST be kept in mind is that at no time during history were the Rothschild's confined to one side of a war. They were in fact MERCHANTS of WAR, providing for both sides and deciding for themselves who would be victorious because the one with the ability to sustain the war will eventually win. This is a good article from Harvard concerning bank control and socialism. Read it and see where America falls concerning 'socialism'.
http://post.economics.harvard.edu/hier/2000papers/HIER1890.pdf#search='countries%20without%20national%20banks'
As a side note, I am friends of a friend of a Rothschild. (never met the person) My friend went to Friends Academy in Manhattan, with the Rothschild.
I'm glad China and Japan are taking are worthless pieces of paper for manufactured goods. This is one hell of a deal for us. Maybe they could use that paper for toilet paper.
Since the Fed is devaluing the currency by 10% per year (inflation), holders of our dollars are losing 10% per year in value. This amounts to a 10% tax on Asia's holdings per year. What a deal.
If they are getting 4.5% on our Bonds, so what, we're taxing that bond at 10% per year. We'll pay them back in inflated dollars.
Crank up the presses. What a racket.
I was relieved to see that you made a partial retraction of the original story. Actually, the Fed is currently in the process of WITHDRAWING money from circulation, as part of its program to restrain inflation by raising interest rates. Your story would have been more plausible 2 years ago, when the Fed was really expanding the money supply.
Anon, 1:52:32am, I think your suggestion is plausible. Nothing they do can be trusted. Whether they contract or expand the money supply, it's not for the sake of working Americans, that's for sure.
Though I think the latter might be a little less harsh on the population, if it meant more jobs were sustained.
The only way out for working Americans is to drop our debased dollar before everyone else does. Then, negotiate from a position of strength.
East Asian economies need to prepare for a possible collapse of the US dollar, the Asian Development Bank says. -Aljazeera
Yesterday was highest price for gold and a dollar slump. Co-incidental?
25-year high for gold
22-year high for silver
All against the dollar of course :) How long will other countries keep measuring commodities in dollars. What are their alternative plans?
Yes the Monet Masters strike again. Good luck getting anyone to stand up to the Rothschilds, they own everyone and everything. They will create recession and war to maintain the exorbitant wealth they have accumulated since the 18th century by manipulating the entire global economy. The Fed is only the latest incarnation of the Rothschilds' Bank of North America scheme. Google the Money Masters video, three and a half hours of eye opening factual information.
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