Posts Tagged Money
November 10, 2014
A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE – the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of “post-taper” time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair, Janet Yellen, has failed to point this out in any of her speeches about the labor force, inflation, or inequality.
The financial system has failed and remains a threat to us all. Only cheap money and the artificial inflation of asset values can make it appear temporarily healthy. Yet, the Fed (and the Obama Administration) continue to perpetuate the illusion that making the cost of (printed) money zero by any means has had a positive effect on the population at large, when in fact, all that has occurred is a pass-the-debt-ponzi-scheme co-engineered by the Fed and big US bank beneficiaries. That debt, caught in the crossfires of this central-private bank arrangement, is still doing nothing for American citizens or the broader national or global economy.
The Fed is already the largest hedge fund in the world, with a book of $4.5 trillion of assets. These will plummet in value if rates rise. Cue the banks that are gearing up their own (still small in comparison, but give them time) role in this big bamboozle. By doing so, they too are amassing additional risk with respect to interest rates rising, on top of all their other risk that counts on leveraging cheap money.
Only the naïve could possibly believe that the Fed and its key banks haven’t been in regular communication about this US Treasury security shell game. Yet, aside from a few politicians, such as former Congressman Ron Paul, Congressman Sherrod Brown and Senators Bernie Sanders and Elizabeth Warren, the notion that Fed policy has helped bankers, rather than other people, remains largely divorced from bi-partisan political discussion.
Adding more fuel to the central-private bank collusion fire, is the fact that the Fed is a paying client of the JPM Chase. The banking behemoth is bagging fees for holding and executing transactions on the $1.7 trillion New York Fed’s QE mortgage portfolio, as brilliantly exposed by Pam Martens and Russ Martens.
Continue Reading At: NomiPrins.com
November 6, 2014
November 2, 2014
October 31, 2014
“A reader lives a thousand lives before he dies, said Jojen. The man who never reads lives only one”
– George R.R. Martin, A Dance With Dragons
There were a variety of pieces on the newstream this week.
For starters, we find Dr. Mercola covering the ever-present issue of antibiotics in large-scale agriculture.
This issues is not only extremely under-reported by the rigged mainstream media, but its also important because of the effects that antibiotics are having on our foods. Past studies have even eluded to there being a 50% chance of you purchasing meat that contains drug-resistant bacteria.
Something families can do if they are worried about the above, is eating organically grass-fed beef, eat/juice fresh fruits and vegetables, while also making sure you are filtering your local water making sure to get rid of the toxin fluoride and other chemicals.
With that in mind, the piece below by Mrs. Sarich showcases more evidence as to why organic foods are superior to genetically modified foods.
A disturbing pattern we have seen is Big Pharma dodging responsibility and engaging in their corrupt ways. Below, Ethan A. Huff details the current attempt of Big Pharma to skirt responsibility regarding Ebola.
Continuing our focus on those undermining common sense, the article below covers the current push by the Susan G. Komen Foundation to promote carcinogen-laden chemicals in a duplicitous way.
Financial issues affect everyone in a variety of ways. The overly systemic issues are covered quite thoroughly by Nomi Prins in her latest article.
That’s it for now.
Make sure you to have a great weekend and spend time with family/friends. Take care.
August 8, 2012
Source Links and video text for Today’s Items are located at:
by: Tyler Durden
August 8, 2012
After a drop of more than 20% from late April to mid June in wholesale gasoline prices which was heralded as the great savior of a slowing global economy – all those implicit tax cuts… the hopes and dreams of the next great unsterilized money-printing has not only floated equity asset valuations to near multi-year highs but energy prices across Europe and the US are soaring once again. This ‘transitory’ 25% surge in wholesale gasoline prices in the US in the last two months – now back above $3/gallon implies (given the lag in transmission) that retail gas prices (which historically peak around July 4th) are set to rise notably above last year’s summer peak – back up near record highs and eating into that ever so happy to spend consumer’s pocketbook once again. Meanwhile, Europeans are seeing near-record highs in retail gas prices once again andBrent priced in EUR (which remember is what they ‘care’ about) is now back above 2008 highs and within a few euros of all-time record highs – up almost 30% since Mid-June. Deflationary? Recessionary?
US Crude, Wholesale Gasoline, and Retail Gas Prices are charging higher…