Thursday, February 2, 2012

"This is the end game"

The Federal Reserve: The Biggest Scam In History
The Federal Reserve: The Biggest Scam In History (Photo credit: CityGypsy11)
Comment of the day by mammoth mo
 from Zero Hedge

Print and buy any and all existing debt in the world.  At the end of this the FED will own the debt of Europe, the debt of the US, and the debt of any emerging country.

They will not even ask for any return on it.  Return's matter not.  It's all 100% bad debt.  In return for buying the debt the FED will control all the banks.  They will buy what the FED says and sell what the FED says.
This is the new market.  Dow 13,000 - S & P 1400 it doesn't matter.

The FED is now deciding all fundamentals.  No good stocks or bad stocks.  No sectors, no nothing.
The FED is all in on a credit system of the governments.  All governments that they like will have unlimited capital.  All that they don't they will try and squeeze out.

From time to time they will create crashes to stick it to the unions and others with pensions.  But basically they are now firmly in control.

Even if someone got in control and kicked the FED out.  It would plunge the global economy into a long term great depression.  The world is now damned if it does and damned if it doesn't.

The long term great depression is coming either way.  The FED is banking on no one wanting to pull that trigger in the forseeable future.  Until then is plenty of phony money at the top while the little guy gets squeezed by inflation of real products and energy.


Enhanced by Zemanta

No comments:

Post a Comment