The Masked Tulip Posted January 28, 2011 Share Posted January 28, 2011 You can't beat the Fed. Problem is, you have to be in on their plan. The video is worth watching. Jim Grant, who will never be accused of being a fan of the Criminal Reserve, and whose views on what will happen to asset prices in a printer-happy world are gradually being validated, appeared on Bloomberg TV, telling Margaret Brennan upfront that Bernanke owes the world an apology. Alas, after various revolutions around the world have been catalyzed by Bernanke's policies, we have a feeling that ever more oppressed people will soon see the Printer in Chief as a patron saint of violent revolution, alas against crony regimes fully supported by the US (and hopefully the US will view it the same way when its time comes). http://www.zerohedge.com/article/jim-grant-fed-now-business-manipulating-stock-marketshould-confess-it-has-sinned-grievously Quote Link to comment Share on other sites More sharing options...
richc Posted January 28, 2011 Share Posted January 28, 2011 You can't beat the Fed. Problem is, you have to be in on their plan. The video is worth watching. http://www.zerohedge.com/article/jim-grant-fed-now-business-manipulating-stock-marketshould-confess-it-has-sinned-grievously Is this news? A couple of years from now (just after the Muslim Brotherhood announces an alliance between Egypt and Iran to over-throw pro-American regimes in the Gulf and oil hits $500 a barrel), it might be interesting to look back and think that creating destabilizing inflation around the world wasn't such a good idea after all. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 28, 2011 Share Posted January 28, 2011 Of course the Fed needs to prop up the stock market, the American prole would be a bit p155ed when they realise they have nothing. Better to keep trying to fool people. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted January 28, 2011 Share Posted January 28, 2011 I am just glad that our government is not corrupt like America. Yes siree, real glad. Quote Link to comment Share on other sites More sharing options...
NW11 Posted January 28, 2011 Share Posted January 28, 2011 Its just a case of the real powers that be have made a bit of a loss, theyre a bit miffed and want to use their power of leverage to turn things around. The lessons to be learned are that the powers that be are also humans, make mistakes and losses too. Now you're seeing their influence in action! Quote Link to comment Share on other sites More sharing options...
billybong Posted January 28, 2011 Share Posted January 28, 2011 "The New York branch of the Fed is leveraged 80 to 1" - yeeee Ha! Quote Link to comment Share on other sites More sharing options...
wonderpup Posted January 29, 2011 Share Posted January 29, 2011 "The New York branch of the Fed is leveraged 80 to 1" - yeeee Ha! Didn't they just pass a new law that allows the Fed to dump it's 'assets' on the treasury, creating a state of infinite solvency- the FED can never go bust- even if the US can. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 29, 2011 Share Posted January 29, 2011 Didn't they just pass a new law that allows the Fed to dump it's 'assets' on the treasury, creating a state of infinite solvency- the FED can never go bust- even if the US can. Yep the Fed can never go bust as it's impossible for it to lose money. They've got the worlds best accountants. Quote Link to comment Share on other sites More sharing options...
Laughing Gnome Posted January 29, 2011 Share Posted January 29, 2011 Its just a case of the real powers that be have made a bit of a loss, theyre a bit miffed and want to use their power of leverage to turn things around. The lessons to be learned are that the powers that be are also humans, make mistakes and losses too. Now you're seeing their influence in action! Amen. Are you sure you belong on this forum? Quote Link to comment Share on other sites More sharing options...
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