But maybe not so clear from this presentation: deflation was a CONSEQUENCE of depression, not the cause or the prime source of unhappiness.
Suzanna
February 6, 2016 1:02 pm
Two things ring for me:
Fed Reserve bank initiated and policies were enacted…
Income inequality was such that 1% had 75% of the wealth,
and 99% had 25%
I am no communist, and I think people should earn what they
can earn, without guilt about it.
However, when financial plans and manipulations are created
to rig outcomes..in secret, to directly benefit the planners?
I call that fraud and theft. Abuse of insider information.
Wholly dishonest. I am not by nature an envious person.
EL Coyote
February 6, 2016 2:23 pm
I thought it was gonna be about the footballs.
rhs jr
February 6, 2016 3:27 pm
It was a planned Shearing of the Sheeple by TPTB: flood the economy with cheap loans (from printed money) and then aggravate the recession that results (no new loans etc); buy the deflated farms and businesses for pennies on the dollar; rinse and repeat. HSF is right on: deflation then hyperinflation. Only this time, TPTB plan a Currency Reset, famine, Martial law, their New Order and religion, the Mark of the Beast, and extreme Christian Persecution. The wheat will be separated from the tares and the Godless will go into Hell.
Stucky
February 6, 2016 5:10 pm
A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will now charge in euros for its recently signed oil contracts with firms including French oil and gas major Total (TOTF.PA), Spanish refiner Cepsa CPF.GQ and Litasco, the trading arm of Russia’s Lukoil (LKOH.MM). “In our invoices we mention a clause that buyers of our oil will have to pay in euros,….”
This week Russia became China’s biggest oil partner, thanks in part to Moscow accepting payment in yuan.
And last month, Iran and India announced that they intend to settle all outstanding crude oil payments in rupees, as part of a joint strategy to dump the dollar and trade instead in national currencies.
This can’t be good news for us. Right?
Save Da Dollah!!!
rhs jr
February 7, 2016 2:56 am
If you wanted to save the dollar, you should have stopped printing trillions of new ones out of thin air each year. The string to that Damocles Sword was cut when Obama doubled the Federal Debt to 20 trillion (who knows what the nations commercial and private debts did).
But maybe not so clear from this presentation: deflation was a CONSEQUENCE of depression, not the cause or the prime source of unhappiness.
Two things ring for me:
Fed Reserve bank initiated and policies were enacted…
Income inequality was such that 1% had 75% of the wealth,
and 99% had 25%
I am no communist, and I think people should earn what they
can earn, without guilt about it.
However, when financial plans and manipulations are created
to rig outcomes..in secret, to directly benefit the planners?
I call that fraud and theft. Abuse of insider information.
Wholly dishonest. I am not by nature an envious person.
I thought it was gonna be about the footballs.
It was a planned Shearing of the Sheeple by TPTB: flood the economy with cheap loans (from printed money) and then aggravate the recession that results (no new loans etc); buy the deflated farms and businesses for pennies on the dollar; rinse and repeat. HSF is right on: deflation then hyperinflation. Only this time, TPTB plan a Currency Reset, famine, Martial law, their New Order and religion, the Mark of the Beast, and extreme Christian Persecution. The wheat will be separated from the tares and the Godless will go into Hell.
A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will now charge in euros for its recently signed oil contracts with firms including French oil and gas major Total (TOTF.PA), Spanish refiner Cepsa CPF.GQ and Litasco, the trading arm of Russia’s Lukoil (LKOH.MM). “In our invoices we mention a clause that buyers of our oil will have to pay in euros,….”
This week Russia became China’s biggest oil partner, thanks in part to Moscow accepting payment in yuan.
And last month, Iran and India announced that they intend to settle all outstanding crude oil payments in rupees, as part of a joint strategy to dump the dollar and trade instead in national currencies.
This can’t be good news for us. Right?
Save Da Dollah!!!
If you wanted to save the dollar, you should have stopped printing trillions of new ones out of thin air each year. The string to that Damocles Sword was cut when Obama doubled the Federal Debt to 20 trillion (who knows what the nations commercial and private debts did).