Federal Reserve Whistleblower Tells America The REAL Reason For Quantitative Easing

The new FED icon and new world economy magician ; Janet Yellen , said in a hearing that there is currently no bubbles in the American share marked . She continued to claim that the quantitative easing programs caused no risks and no problems to any sectors in the economy whatsoever , and should thus probably be both extended and intensified. She also added that the interest rate (currently at 0,25%) probably should be reduced even more.

As being an observer to all this. I was not expecting her to say nothing else. After all . Whatever these icons say in public is not their own words and meanings, but rather some speech and pre programmed answers she has to memorize and perform as an actor.

It is however hilarious, that this madness is continuing as though it has become a totally normal and everyday thing.

I refuse to believe these people are idiots though. I thus assume the madness is going on (and intensifying) , simply because it has entered a point of no return, and that everything now has become some sort of survival game, where every country uses whatever means possible to avoid to be the first nation in the world that will eventually crack down and lose control. Meanwhile they all play poker and prepares for what’s doomed to come.

f4andHALFtoads
reply to post by Gordi The Drummer

 

Where does our government's money come from? Is is just from our taxes??

I don't think that matters in this example, I'm only talking about the monies that they've already spent.
IF they had given that money directly to the people, instead of routing it into QE then it would have kick started the economy, and the whole country's mood would have been lifted... and everybody would have benefitted - not just the "chosen few".
ahh well...

jacobe001
reply to post by Gordi The Drummer

 

Why didn't they just GIVE EACH AND EVERY PERSON..... £6500?

Because that would have resulted in them giving rather than taking from everyone.
If they gave people the money, they would go and buy real tangible goods with real value.
It is much better to give to the banks and have them steal from everyone else via inflation.

The Banksters Bad Derivative Bets have to be paid and it is not going to come out of their pockets.
They are entitled to lucrative salaries and large bonuses since they are the best and brightest.

Exactly jacob! (That's pretty much what I was getting at with my original post!)
cheers!
G

The money belongs to the federal reserve stockholders and they charge you a commission for using it. Much like gambling in a casino where regardless who wins the dealer gets a 5% cut. When money is issued it carries a prime rate which in essance is the stockholder cut, and they pretend to "loan" this money to the commercial banks who then tack on their own cut(read interest rate) and loan this money to the customers.

How can the commercial banks pay principle plus interest to the central bank if that money does not even exist? Remember the federal reserve[central bank] owns all the currency before it "loans" it out. If I have all the money and you have nothing, and I loan you $100, then the most you can pay me back would be $100 which is the principle. Where would you find the additional 5% cash to pay me my interest payment?

This is the real reason why we have constant inflation. The prime rate interest payments can never be paid by the commercial banks, so to cover this up, the federal reserve continously issues new currency in one form or another, keeps whatever it wants and then shares the rest of it with the commercial banks, whom necessarily by law all have shares in the federal reserve.

In other words it is a text book pyramid scheme! To pay an old member interest you must first get new members to join and collect their cash. Use that new cash supply to pay the interest to the older member. If no new members join then the cash supply dries up, no one collects any interest, the scheme collapses.

The only way government has access to funds is via direct taxation of people/corporations and by selling bonds. The federal reserve never loans money directly to the government, because then the veil would be lifted that the federal reserve is actually a conglomerate of banker parasites.

Reign supreme? in your dreams
you'll never make me bow, think you see the truth
gasoline, kerosene strike a match ignite the scene, beg for mercy it wont help,
cant hold me now, but you'll see in time you were sitting too close to a flame that's burning hotter than the sun.
watch the little hearts while they scrape you off the floor.



Banks own more of the country than you could ever imagine. Politicians are given dirty money to put in their pockets.
You know what they say money is the root of all evil and banks have the majority.

reply to post by EarthCitizen07


The trick here will be to make it ultimately transparent when any "quasi-governmental" entity profiteers on revenue streams they themselves do not generate. That, and of course, the elimination of dual loyalties in public service.

All time high

The mainstream media in my country is continuously writing about the everyday’s (all time high) events that take place on the world bourses in these days of global economic meltdown. What everybody normal person observe, is a crackdown of the entire global economic system. The mainstream media are of course seeing the same thing, but they ignore it all and continue to write economic reports to us ordinary (idiots) as if everything is quite normal and business as usual.

Thus they write that these all time high events comes by reason of increased economic growth and increased optimism, while everybody else knows it happens only because of global marked manipulation. The American government alone are propping up their bourses by shopping shares for 85 billion dollar (fake money) every month. How big amounts other countries spend on the same thing, are uncertain as most governments and mainstream media won’t talk or write about it.

In my country, the bourses reaches all time high every day. This happens even though there are not more then 5 or 6 private active traders left . The only traders on the bourse is now the national bank itself , some government owned banks, as well as the different pension funds. The money that are running into the so called marked every day are thus (fake and fictive) computer generated fiat money, backed up by air.

The mainstream media acts as if they don’t know anything about this , and continue reporting like these all time high events are a miracle and that everything is beyond normal. They have been doing this for so long now, that it’s actually become normal.

That the madness of it all. It is becoming increasingly more difficult to live on a planet that’s entirely based on global lies and global manipulation. It certainly adds to the madness and difficulty when the mainstream media keeps acting as if everything is normal, even though we all know it’ a complete lie and cover-up. This global lying, spying and manipulation has been going on for so many years now, that it’s become a normal thing. One are starting to lose the concepts of how normal actually functioned. If this is the principles how the new world order will operate , then people brains needs to be rewired and everything we have been taught up until now, must be re-taught.

Everybody has probably read terrible stories about global political establishment's and world governments in science fiction novels, but when one actually gets to see how they function and operate in real life , it’s scares you in a deeper way and so many levels. The damndest thing is that one can actually do nothing then accept it all, otherwise one loses one’s sanity and gets miserable.

reply to post by beezzer


Thanks man!

reply to post by helius


The institutions (banks, funds, insurance companies) were always the main players in the stock market. Nothing new. The retail is a follower, not a leader.

The government has always been printing money. Nothing new here as well.

The only difference this time is that new money was 'loaned' from Fed to Gov. The 'QE' is just nomenclature change.

US economy has always worked by funding big business from newly created money.

The difference this time is that US was a tech leader. US has been giving up its tech leadership position for quite some time now. So the productivity gains are happening elsewhere (other than USA). So the new dollars are not benefitting the domestic US economy.

Maxmars
reply to post by EarthCitizen07

 

The trick here will be to make it ultimately transparent when any "quasi-governmental" entity profiteers on revenue streams they themselves do not generate. That, and of course, the elimination of dual loyalties in public service.

As much as people love to hate communists(i am neutral about it), didnt they do away with banking altogether since everything was publicly owned, and managed by the government? A centrally planned economy is the antithesis of a private one.

In america one could say everything is privately owned, including the government! In fact USA has been incorporated in the state of delaware as well as all the alphabet agencies. I provided the evidence multiple times in the past and people seem nonchallant and/or confused about it.

EarthCitizen07

OMsk3ptic

yorkshirelad

Right wing christian ideology is the problem.

Actually it's liberalism that is the problem. The giant government, all the taxes, all the regulations, all the bureaucracy, it's all designed to obliterate the middle class and get the citizens dependent on the government, so that we are literally their slaves. It's nothing more than feudalism disguised as concern.

I agree but NEOliberals are much worse. Neoconservatives are not really conservative either. Alex Jones has been discussing this for a decade if not more. Got to rid ourselves of these NEOs and go back to traditional politics. Globalism doesnt work, quantative easing is an enormous scam, the wars we can do without, and I would also like my money back and send those pricks to jail where they belong for life. [/quote

The Vedic view on economy:

1. Taxes - the king that takes more than one-sixth as taxes is a thief. (One-sixth part of income is called King's share).

Most countries of the world have very high taxes today. These taxes apply to only some sections of society while some others get incentives and subsidies. The salary structure is highly skewed. The laws are highly complex and contain loopholes for tax avoidance for some 'special' people.

So the problem of taxes is a problem of governance, which subjects some people to excessive taxes while favouring some others.

2. Money - Money has been gold and silver coins for ages because these metals are rare and have 'inherent' value. The paper currency has NO 'inherent' value.

The current monetary structure is deeply flawed and is subject to boom and bust cycles. There is no stability.

3. Role of religion in politics

Religion has played a huge role in political consolidation and formation of empires. This fact is not known to many people in the modern world.

Many concepts in religions are necessary to order in human societies. So we must not say that religions are useless.

However we must guard against vested interests and extremism in religions.

reply to post by helius


Bernanke also said there was no housing bubble a few months before the market crashed. Either the Fed is totally inept, or totally corrupt, either way it needs to go.

reply to post by OMsk3ptic


It seems to us that USA is experimenting with fiscal measures while not addressing the real issues of trade imbalances and insufficient tax income.

It is hard to speculate why it is so. Any real measures involve hardship for American people, as economy needs to adjust to its real productive potential.