ALL Americans should see this question to FED Bernanke

[Bigpipn]

Quote from piezoe:

The real force behind inflation is deficit spending. Nations in the 20th and 21st century that were facing out of control growth in debt have sought to monetize that debt and inflate their way out of it. The US is no different. Unless we can break out of our war mentality, and that would require that we stop glorifying war, so it would be almost impossible to achieve, we are doomed to becoming a second rate economic power. Nevertheless we have done pretty well with our two hundred plus years. The next hundred will be downhill.

There is no end to wars. Wars redistribute wealth and kill off the population. What more could the elite want?

 

[mokwit]

Capitalism is dependent on the consumption of manufactured goods, war is the most efficient means of consumption yet devised.

K. Marx

He may have had a point bearing in mind that defence manufacturing still takes place in US. Defence contracters shareprices have not exactly been hurting since Afghanistan and Iraq..................................

 

[clacy]

Quote from EMRGLOBAL:

Middle class is already "wiped out"...their just to ignorant to understand.

Meanwhile, they continue to get more into debt ignoring the facts.

Oil is going a lot higher, we may have a pull back, but its going a lot higher...Peroid.

Thus, Is the Fed going to cut rates to ZERO?

If you are going to call people ignorant, you might want to use the word "too/to" correctly.

But I do agree with your point for the most part.

 

[WaveStrider]

Quote from Raystonn:

They will never go back to a gold standard. If they did then they'd have to stop spending more than they have. Right now they count on inflation to get rid of U.S. debt. This inflation is exactly how they intend to keep Social Security functional. They promised everyone X dollars at age 65, but they never said what X dollars would buy. Today's dollars will always be worth much more than tomorrow's dollars. That's just a fact in today's world, and everyone will need to get used to it.

They say a fool and his/her money are soon parted. Well, now the government will let the fools keep their money, but the money itself will have no value. The fools aren't usually smart enough to figure out what's going on and who to yell at, so this is a way for the government to increase taxes without getting any blame. Just think of it as a stealth tax.

-Raystonn

Yes, that's why the corporate CEO's now make so many multiples of the pay of the average worker. They are in a position not to allow their PURCHASING POWER to be eroded. That fact that everyone else's is just magnifies the difference, though it is usually presented as CEO greed rather than the fact everyone else is getting reamed by devaluation.

Both Republicans and Democrats allow that "stealth tax" and never say anything about it - except maybe that Ron Paul guy.

 

[Sniemiec]

Why do they want to wipe out the middle class? What good comes of that?

 

[cold]

Quote from Sniemiec:

Why do they want to wipe out the middle class? What good comes of that?

well no, they don't care for middle class

one way or another,

they only want to manage US debt, the fact that middle class will get fcuked

well.........who cares........they are rich

 

[SWhiting]

Quote from clacy:

If you are going to call people ignorant, you might want to use the word "too/to" correctly.

But I do agree with your point for the most part.

I can see that the wrong form of 'their' is used, (should be 'they're), but I don't understand why 'too' should be used instead of 'to'.

I know we don't grade for grammer/spelling errors on forums but...since you mentioned the 'to' error can you state the rules for using 'too' versus 'to'.

 

[cold]

Quote from SWhiting:

I can see that the wrong form of 'their' is used, (should be 'they're), but I don't understand why 'too' should be used instead of 'to'.

I know we don't grade for grammer/spelling errors on forums but...since you mentioned the 'to' error can you state the rules for using 'too' versus 'to'.

WOW you must be come kind of mind job

every year FED takes 10% of your buying power

and you want to know about too and to

god damn people, maybe they deserve everything they will get

 

[madmaxer]

Quote from cold:

WOW you must be come kind of mind job

every year FED takes 10% of your buying power

and you want to know about too and to

god damn people, maybe they deserve everything they will get

Ha Ha Ha..... Too funny and true.

have you studied a book named animal farm ( by George Orwell ) ? That story has happened in many places in the past and is happening now here in US.

Yes, my friend. Poeple do not know what is happening.
When their social security check can not even fill up their gas tank. then they will fill it.

No need to explain more.

 

[Avid_Consumer]

Quote from cold:

Most news networks cut away when Paul came on to make this opening statement and house.gov failed to archive it.

good observation. congress and the mainstream media are both central to the problem. they're somewhere between indifferent and complicit