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Re: How money became worthless.........

By: Cactus Flower in ALEA | Recommend this post (0)
Sun, 03 Jun 12 9:02 PM | 67 view(s)
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Msg. 08285 of 54959
(This msg. is a reply to 08283 by faul)

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"QE & the Fed's printing of Trillions of dollars is a means to prop up the fiat ponzi debt scheme"

Hi doma,

Funny. You have the entire thing backwards.

The fed is essentially using qe to reduce the value of money.

It is diluting the dollar much as Wave is diluting the shareholders' stock.

The fed's aim is to get folks to invest in other things and to consume. They want savings to be less valuable. They are dealing with the paradox of thrift.

So far from propping up some ponzi scheme, they are trying to reduce the advantage of savings.

You really should have a look at what is actually happening in the world, rather than pushing pieces around in a theoretical model of conditions which do not exist at this time.

The problems in Greece and Spain are occurring because they don't have their own currency.


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The above is a reply to the following message:
Re: How money became worthless.........
By: faul
in ALEA
Sun, 03 Jun 12 8:27 PM
Msg. 08283 of 54959

Hi Alea....

QE & the Fed's printing of Trillions of dollars is a means
to prop up the fiat ponzi debt scheme......because when
populations became saturated with debt and/or they started
paying it back the fiat dollar ponzi scheme would have collapsed.......so BB & the FED had to create more debt..........
yes it was the right thing to do if you wanted to keep the
ponzi scheme alive....but all you are doing is piling on more
debt that requires further debt to be added ad infinitum until
it collapses........

Greek bonds were safe until they weren't,Spanish bonds
were safe & now they are not..........all countries are bankrupt,
& the US is no different.So yes in Domaland US bonds are
safe until they aren't & when that happens it's too late....

Doma.


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