15 TRILLION (Yes. Not "B"illion) laundering scheme unearthed? Need help understanding this

[Athan]

http://www.youtube.com/watch?v=oAK5x...47FAAAAAAAAAAA

http://www.youtube.com/watch?v=QaA-5_IjkeE

Ok, so.. this English Lord of Badassery has the common sense to ask the House of Lords to investigate a massive amount of likely fraudulent cash. While I get the gist of it, how the hell does type of fraud not get picked up by the Federal Reserve sooner? I mean, he's throwing around RIDICULOUS sums of money claiming Fed officals have signed it.

Doesn't the government... you know... keep tabs on this? Or are they REALLY that incompetent (or really more concerned with monitoring the wrong people.)

[Zippyjuan]

The rediculous sums make the theory sound rediculous. That would be the entire GDP of the United States. The entire US M2 money supply is less than $10 trillion.
http://research.stlouisfed.org/fred2/series/M2

[Athan]

Indeed. Which makes me wonder WHY wasn't this fraud picked up faster. This thing has been going since 2009!

[camp_steveo]

Bush, Fed, Europe Banks in $15 Trillion Fraud, All Documented

By Gordon Duff, Senior Editor

http://www.veteranstoday.com/2012/02...error-exposed/

[The Goat]

because Alan Greenspan signed the crap.

Its fraud at the highest level. but the guy whos "account" it supposedly came from is worth more than 35trillion.

[Athan]

...what? You've got to be ****ing with me that he signed on this.

[Boss]

Its fraud at the highest level. but the guy whos "account" it supposedly came from is worth more than 35trillion.

lolwut

[Zippyjuan]

If somebody actually has that much money, they would own one quarter of the entire world's GDP which is about $60 trillion. Not buying the story. http://www.google.com/publicdata/exp...en&q=world+gdp

[Seraphim]

Well, considering there is a derivatives economy numbered in QUADRILLIONS's of dollars - someone has to be pulling those strings with substancial liquidity.

I'm not saying there is someone with 35 trillion...but really...it's not that farfetched. We're dealing with international counterfitting operations that have the largest military powers in the history of the world protecting the racket.

If somebody actually has that much money, they would own one quarter of the entire world's GDP which is about $60 trillion. Not buying the story. http://www.google.com/publicdata/exp...en&q=world+gdp

[Zippyjuan]

According to Forbes, the richest person in the world is worth $74 billion. http://www.forbes.com/sites/kerryado...n-in-february/ That is a huge, astronomical distance from $35 trillion (473 times bigger!).