On Sun, 20 Nov 2011 22:42:09 -0700, Canuck57
wrote:
On 20/11/2011 9:07 PM, bpuharic wrote:
On Sun, 20 Nov 2011 16:44:00 -0700,
wrote:
and how we have to avoid socialized meidcine 'cuz it always destroys a
country
uh huh
Simple. Government overspends incurring huge debt, and at 0% interest
rates no one is lending the US government money
HAHAHAH you h ave it COMPLETELY REVERSED
if no one would buy our debt we'd have to RAISE RATES to attract
investors
the fact our rates are almost ZERO tells you we have NO PROBLEM
getting people to buy bonds
HAHAHAH YOU DONT EVEN KNOW THIS BASIC PRINCIPLE OF ECONOMICS!!
No one is lending real money to the US Treasury to the tune of $2
trillion a year or more. Even if China wants some maturing moneys back,
Bernanke just issues more counterfeit to cover. Highly inflationary but
these corrupt people don't give a damn about us.
So with inflation pressures, people acquire less goods as the value of
income has depreciated. Less goods also means less jobs to produce
them. And less jobs means less taxes, so Bernanke can print more to
make it even worse. A vicious cycle of insanity and denial.
Because money always has a cost to it even at 0% rates, it translates to
inflation and the cost is put over the entire currency base as inflation.
Money is actually stock in an economy, you print twice as much then each
share ultimately will be 1/2 the value it was before.
Look at a 10 year chart of USD and Yuan:
http://www.xe.com/currencycharts/?fr...o=CNY&view=10Y
When the USD started to drop, it coincided with the appointment of
Bernanke and fraudsters and the rise of unemployment. USD used to be
8.28 Yuan to $1 USD. Now, 6.32 Yuan to $1 USD, a 31% value drop for the
USD. The major source of US inflation since 2006.
The drop is entirely Bernanke's Doctrine:
http://en.wikipedia.org/wiki/Bernanke_doctrine
Bernanke is flooding the markets with no value new counterfeit, and at
some point is 100% certain to do this:
http://en.wikipedia.org/wiki/Hyperinflation
What is destroying the USA and Europe is a corrupt leadership in banking
and government. They are hopeless bankrupt and in a spiral.
And why I will not lend money, as if locked into some pathetic return
when hyperinflation strikes, bonds, CD/GICs, preferred shares and the
like are going to take a bath. Risk is too high, reward non-existent as
it doesn't even pace inflation plus taxes on interest. Lots of people
like me, that is why the US Treasury uses the ruse of borrowing.
Goldman Sachs doesn't mind, they borrow from the US Fed at 0% on the
same terms as the US Treasury but get 1% interest in the middle for
doing not much at all, a GS Tax if you will. 1% on $12 trillion or so
is pretty good return for this scam.
Also why US feds don't come down on GS in any meaningful way, and most
is just PR, a stage ruse.
No real money or real people are lending the 0bama $1.6 trillion debt
spend. Bernanke prints it in the ruse.