fedinflation

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    • Fed Pumps More Money Into the Economy [view article]
      Sorry Warren - the Fed is pumping money made out of thin air. Warren - who owns the Fed Reserve??? And yes pumping money will always lower the dollars value. The article's title even suggests it. If you had 10 kilo's of gold in the world and it was worth $100 million. Now you find another 10 kilo's of more gold, the value of the gold already in existance would naturally tend to go down in value/price. Supply/demand - the same holds true for oil. OPEC pumps more - price goes down. The same holds true for what the fed does (PS Did you know the fed is not part of our govt but a group of private bankers - making the rules and pulling the strings of our servant govt???) Fiat money has never worked long term and you are seeing a time were it is happening again. They are pumping more money in hopes of slowing the inevitable collapse of the dollar - which is backed by nothing hence the reason they can print more out of thin air. May 05 07:28 AM
    • Fed Pumps More Money Into the Economy [view article]
      Every time the Fed pumps money into the mix, our dollar gets devalued. So if you have $100K in the bank your money just lost some value. It's a form of hidden, ugly un-talked about tax. Since the US manufactures so little of it's consumable products now with everything being out-sourced overseas, the price of everything we purchase is bound to go up. So not only is our dollar worth less, but to add to it pricing will go up for overseas items as our dollar gets weaker against other currencies. Printing money out of thin air is what got us in this mess. I hope people are prepared for the worst. Notice the $30Billion bail out from the Fed to Bear Sterns I would love to have a rich uncle like that to bail me out if I needed it. May 03 12:20 PM
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