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Thread: Ignoring It Won't Make It Go Away: The Fed's Bubble Will Burst

  1. #1

    Ignoring It Won't Make It Go Away: The Fed's Bubble Will Burst

    Ignoring It Won't Make It Go Away: The Fed's Bubble Will Burst

    It's almost impossible to find a kernel of truth in the Empire of Lies. As is always the case, the outlook from the Federal Reserve is sunshine and rainbows. The President has the same erroneous view. But ignoring the biggest bubble that the Fed has ever created will not make it go away.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
    They are what they hate. - B4L

    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

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  3. #2
    True , but I am enjoying the good times . I have enough ammo stockpiled for when I have to defend muh can of beenie weenies.

  4. #3
    Actually, the bubble does not, in principle, have to burst. This is an important point.

    If a bagel with cream cheese costs $12.31 trillion, that is nothing so long as incomes maintain a sufficient level of purchasing power. This is true in large part due to the electronic nature of most currency. Numbers in computers tell us how much Johnny Q. is able to buy on a given day, week, month... Because we have no money, the problems associated with money, as well as the benefits, are obviated in favor of a number that has no fundamental significance, save that people BELIEVE in what it tells them.

    Mind is everything and so long as mind accepts currencies as they stand and purchasing power remains sufficient, the world keeps turning. It is the moment when the critical mass of no-confidence sets off a cascade failure of same that things will go south in a big way and people will begin killing each other, not to eat their neighbors' food, but the neighbors themselves.

    So no, we are not in principle doomed to a burst of the bubble. Practically speaking, however, the odds are at least even in the best possible scenario. And so the admonition stands: be prepared and keep your powder dry.
    Through lives and lives shalt thou pay, O' king.

    Freedom will be stolen from you in a heartbeat if you do not behave as a wild and ravening beast pursuant to its protection.

    "Government" is naught but a mental construct, a script to which people meekly accept and play out their assigned roles by those with no authority to dictate such.

    Pray for reset.

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