Saturday, February 16, 2013

Stop whining & whingeing, inflation is good for you!

Carney dismisses concern about inflation expectations

"Carney, governor of the Bank of Canada, has been an advocate of flexible inflation targeting, and said last month that monetary policy was not maxed out in major economies". That will be HIS job in the UK! (The UK have reserve currency status - time to wreck that).

Posted by alan @ 04:34 PM (3576 views)
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10 thoughts on “Stop whining & whingeing, inflation is good for you!

  • trust this guy, with your money, at your peril

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  • Yea, the Mafia are flexible about debasing your currency and ripping you off. What are you going to do about it?

    The majority of the people are mind numbed by the TV we produce, the food our corporations shovel down your throats, so get used to it. We rule the world now Punk.

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  • And yes, lets wreak the reserve status. Indeed, they wish to do this because they are globalists who wish for a one world government and a world currency, with the IMF and world bank running the show. This is the real reason our currencies are being debased. The public have no idea what is in stall for them. All our wealth is about to be re-distributed around the world in a global gerrymandering game.

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  • Thecountofnowhere says:

    Rich man with index linked pensions says the thing crippling the rest of the country is nothing (for him) to worry about.

    This is not going to end well.

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  • £874,000 a year.

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  • Global Distribution of Wealth

    http://upload.wikimedia.org/wikipedia/commons/5/5b/Global_Distribution_of_Wealth_v3.jpg=


    The distribution of financial wealth in the world per person in 2012. Financial wealth is liquid net worth and excludes such things as real estate. The chart is divided into the top .001% (91 thousand people), the next .01% (800 thousand people), the next .1% (8 million people), and the bottom 99.9% (6 billion people).(Wikipedia).

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  • Anyone for a horsemeat sarny!

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  • @ Novice Pete,
    Military Power and the banks are inextricably entwined. Work out who controls what, and from where. It’s not that hard.

    If you have a sense of humour, you can just see a parallel between the adulteration of beef in lasagne (passed by food inspectors) and the adulteration of financial instruments floated round the world by the big banks who “get the nod” from the rating agencies.

    The powers that be aren’t interested in tax justice, just grabbing more of your cash. As time passes, assets get acquired which are ring fenced and patrolled by armed guards for the benefit of those inside.

    Democracy is of no importance these days. It’s an illusion, along with “safe seats”. There’s a storm coming…Russia, India and China stockpiling gold. Meanwhile a guy sets light to himself in France outside a jobcentre…is anyone interested, or is it all about the FA cup Quarter finals?

    (apologies, this analysis is not directly HPC related).

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  • Spot on Alan. In this surveillance society – the 1% have no fear of civil unrest – all bases are covered – they will make ME dictatorships look benign when push comes to shove – but there are moves in Berlin by activists to dismantle their surveillance state – so far rudimentary but very effective.

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