Russia to Reduce US Debt Holdings- That's what happens when you print, no one wants y

[Texas]

Quote from the1:

So without JP Morgan the Industrial Revolution never would have happened? Is that your opinion or does your research support your position?

I am gonna write this once and only once and I am gonna leave this amateur hour web site

US prospered in spite of not because of Private Central Bankers, and now the parasites have become too heavy and so US can not grow anymore.



And if you can not bear the truth go ahead and delete it, but don't you dare call it a lie.



Who Controls the Federal Reserve by Majority
http://www.youtube.com/watch?v=B1CjTuh6Gl0

Who Controls Goldman Sachs by Majority 2010
http://www.youtube.com/watch?v=icPOL0TyWQw

Who controls the CFR in Majority (Council on Foreign Relations)
http://www.youtube.com/watch?v=Rg11Gk_gXlg

Who Controls the US Treasury and American International Group (AIG) by Majority
http://www.youtube.com/watch?v=sc0ilW3gves

Who Controls American Television
http://www.youtube.com/watch?v=H4rrfRc1x0o

Who Controls Hollywood 2010
http://www.youtube.com/watch?v=afx2oKE0i9Q

Talmudic Judaism - Dr. William Pierce
http://www.youtube.com/watch?v=Gi7QAtV21-M

 

[Random.Capital]

Quote from the1:

You bring up an interesting point Random. Has the success America has enjoy over the past 80 years been a case of the free enterprise system or because of the existance of the Fed?

I am not claiming that it was because of the existence of the Fed.

I am merely pointing out that the reality of our recent history is incompatible with the notion that the Fed is both evil and powerful. And since the history did, actually, happen, it follows that such theories regarding the Fed are demonstrably false.

The Fed may be "evil", and it may be "powerful", but it can only be at most one of those things, if the discussion is limited to the realms of logic.

Of course, I fully recognize that most Theories of the Fed are not based in logic, but are strictly religious beliefs, and that is fine, so long as we all understand that they are.

 

[Random.Capital]

Quote from Texas:

LOL you are still debating, you actually still think there is a debate on money printing as correct or not

Yes, there is. Money printing is either a good thing, or a bad thing, or an irrelevant thing, depending on the context.

 

[rew]

Quote from zdreg:

your logic is bankrupt. :eek:

the same people who are willing to lend to Iceland.

GLOBAL EXCHANGE
Iceland’s ‘no bailout’ stance hasn’t chilled investors
ERIC REGULY
ROME— Globe and Mail Blog
Posted on Tuesday, June 14, 2011 12:04PM EDT
91 comments
Email
Print/LicenseDecrease text sizeIncrease text size
Iceland’s method of coping with the financial crisis had a brutal charm about it. In essence, the country hoisted its middle finger to the owners of bank bonds, and a few other people it owed money to, and walked away.

It worked. For evidence, note that Iceland made a triumphant return to the international bond markets late last week, and that its tiny economy is growing at a fair clip, both remarkable achievements when you consider its punishing economic and banking collapse in late 2008.

And therein lies a lesson. Make that two. The first is that bond holders of clapped out banks can, and should, take losses for the greater good of the recovery. The second is that keeping your own currency is a terrific idea when you’re going through economic hell -- it gave Iceland the fiscal freedom that Greece, Ireland and Portugal entirely lack.

Iceland’s sale of 5-year bonds raised $1-billion (U.S.) at 5 per cent, not cheap but a bargain compared to the outrageous yields of comparable Irish and Greek bonds (though neither is able to borrow and is relying on emergency European Union and International Monetary Fund loans stay afloat).

Dang. Bond buyers are dumber than I thought.

 

[Texas]

Quote from Random.Capital:

Yes, there is. Money printing is either a good thing, or a bad thing, or an irrelevant thing, depending on the context.

You are a lemming

Lemmings can't identify the problem, so they start wondering if problem even exists.

And to think that you are capable of finishing school, getting a degree and all that

All the while lacking basic common sense.

Maybe the problem is bigger than Federal Reserve type of monetary system, maybe the problem is that every second person now a days is a lemming

 

[Texas]

I just wish I could be there when riots and soup kitchens open up on the street, I wish I could be there for each of you lemmings to see the look on your face as your overtaxed brain cells try to make sense of it all, coming up with several textbook explanations

wondering how can legitimate logic based system as described in text books collapse

And then the Shock and Awe on your face when you realize

***The textbooks are a lie***

Dropping your soup onto the street as camera zooms out showing the long line of people waiting for the daily soup as the November rain fills up the murky sky

The End

 

[toc]

Texas,

US government is not foolish, they will raise the debt ceiling and even throw in a stimulus or two in order to avoid any soup kitchen riots that you are mentioning.

leave you to your texan brand weeds.

 

[Texas]

Quote from toc:

Texas,

US government is not foolish, they will raise the debt ceiling and even throw in a stimulus or two in order to avoid any soup kitchen riots that you are mentioning.

leave you to your texan brand weeds.

and I suppose that can be done indefinitely, or is few years an eternity for ya

 

[SnakeEYE]

Quote from Texas:


A top Russian economic official says his country is likely to continue decreasing the share of its portfolio that consists of U.S. debt, according to a published media report.

"The share of our portfolio in U.S. instruments has gone down and probably will go down further," said Arkady Dvorkovich, chief economic aide to Russian President Dmitry Medvedev, according to a report on The Wall Street Journal's Web site.

Что,Дворкович топ рашин экономист штоли?

Да нуу наааахуй.....и ваш тихас нахуй тоже...

 

[the1]

I can't say that I disagree with anything you've said, especially about the "religious" (not a word I would have used but I understand your reasoning for doing so) beliefs about the Fed but I suspect the Fed played a part in facilitating the Industrial Revolution and also the current Technological Revolution, which dwarfs the economic impact of the Industrial Revolution, but I suspect absent the existance of the Fed both still would have occurred.

Obviously, we can't go back in time and remove the Fed and hit the "do over" button but from a logical standpoint it's my position that the profound success of the US is based on a free enterprise, capitalistic environment. The US is no longer a capitalistic society so the economic landscape has changed dramatically and the future will probably follow the path of something comparable to the rise and fall of the British Empire.

Quote from Random.Capital:

I am not claiming that it was because of the existence of the Fed.

I am merely pointing out that the reality of our recent history is incompatible with the notion that the Fed is both evil and powerful. And since the history did, actually, happen, it follows that such theories regarding the Fed are demonstrably false.

The Fed may be "evil", and it may be "powerful", but it can only be at most one of those things, if the discussion is limited to the realms of logic.

Of course, I fully recognize that most Theories of the Fed are not based in logic, but are strictly religious beliefs, and that is fine, so long as we all understand that they are.