WE’RE GOING TO NEED MORE INK

10 comments

Posted on 23rd October 2012 by Administrator in Economy |Politics |Social Issues

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10 Comments

  1. AWD says:

    We’re going to need a new currency before long.

    $5 dollar bills and $50′s are going to be scarce, better start collecting them. They might be worth something someday.

    Great article, worth a read:

    What If We Adopted A System Where The Banks Did Not Create Our Money?
    http://theeconomiccollapseblog.com/archives/what-if-we-adopted-a-system-where-the-banks-did-not-create-our-money

    The Fed is dead. Take a look at who’s been buying our government debt: Bernake
    Federal-Debt-Held-by-Federal-Reserve-Banks-425×255.png

    Like or Dislike: Thumb up 4 Thumb down 0

    23rd October 2012 at 1:17 pm

  2. Zarathustra says:

    Let the fed buy up all the debt and then default on it. Fuck them.

    Well-loved. Like or Dislike: Thumb up 11 Thumb down 0

    23rd October 2012 at 1:31 pm

  3. Hope@ZeroKelvin says:

    HOLD THE PRESSES!!

    I am agreeing with Zara.

    Actually, we don’t need any more physical ink cuz what the Fed really does is create money digitally.

    So we need more ELECTRICITY!!! Ya buddy, which will be even MORE expensive after Obama’s EPA takes down all the coal powered electrical plants.

    Which is just fucking perfect: The fed is forced to create even more worthless DIGITAL money and it costs them more in electricity to do it.

    Only Big Bird would find that logical.

    Well-loved. Like or Dislike: Thumb up 6 Thumb down 1

    23rd October 2012 at 1:34 pm

  4. Eddie says:

    Actually the Fed is buying up the debt so the GOVERNMENT can default on the debt through inflation. That is the exact nature of their unholy alliance. Is this a difficult concept?

    Like or Dislike: Thumb up 3 Thumb down 0

    23rd October 2012 at 1:53 pm

  5. KaD says:

    New currency my ass. BTFD.

    Like or Dislike: Thumb up 0 Thumb down 0

    23rd October 2012 at 2:13 pm

  6. GoldenTool says:

    http://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html

    I wouldn’t put to much stock in it.

    Like or Dislike: Thumb up 0 Thumb down 0

    23rd October 2012 at 2:54 pm

  7. Ron says:

    Just load money on a identity/credit card,get rid of papermoney.It would make it easier to adjust to current realitys.Its heading that way i think.Or better yet the government interviews you and gets all your bills and pay sent to them and what little is left is loaded on your card.

    Like or Dislike: Thumb up 1 Thumb down 0

    23rd October 2012 at 7:49 pm

  8. Kepi says:

    The Fed is hell bent on keeping the US on this path until Europe falls. I’m fairly certain they believe they can outlast China until she’s got a negative trending population, and they just have to outlast the EU. Of course, all this comes to the detriment to anyone who isn’t a banker.

    Like or Dislike: Thumb up 2 Thumb down 0

    23rd October 2012 at 8:25 pm

  9. Muck About says:

    What I’d really like to know is how long it will take, with the Feddies buying more than half (MY GOD — MORE THAN HALF) the Treasury debt, the world ( and the U.S. sheeple) wise up and stop believing the Feddies have any possibility of saving the world through fiat creation.

    Then interest rates have got to start going up. When that happens (a mere 2%), we are more than broke, we are visibly bankrupt, the banker has no clothes, the Fedres is dead and the TSHTF when no foreign country will (or can) takes our zero-worth “dollars” for foreign goods. International trade stops dead in its’ tracks and all the Chinese junk, the South American grapes, all of it starts piling up in ports anywhere but here.

    When does it happen?? Someone please tell me.. Help….

    MA

    Like or Dislike: Thumb up 3 Thumb down 0

    23rd October 2012 at 8:28 pm

  10. Kepi says:

    I doubt anyone thinks the Fed will save them. The Fed just doesn’t actually have any responsibility to the American people, or really to Congress. The Fed exists, and really the state of Banking in the US exists because everyone just gave them the benefit of the doubt and assumed that there was no such thing as bad growth, and that banks only wanted to profit and profit is intrinsically good and helps everyone. We’re at a point where clearly these assumptions are proven false.

    Also, most people do not understand how the Fed works. I had go explain to a normal, fairly intelligent person the basics of the stockmarket yesterday. If she didn’t already understand the stockmarket, what are the odds that your average person understands what central banks or fiat systems are?

    People won’t stand up until they’re hungry. And even then it’s questionable if they’ll stand up for real solutions.

    Like or Dislike: Thumb up 3 Thumb down 0

    23rd October 2012 at 9:27 pm

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