What QE3 will look like.

M

mickjohn

New Member
Apologies if this has been posted before.

I am not a traditional tin hat wearer but I do have time for a well written article that makes you think.

Starts...
The recent financial fireworks in the US and in Europe have made it clear that QE3 is close at hand. The third installment described herein is much more than just another revving up of the printing presses, as it will involve a paradigm shift intent on restoring currencies and maintaining the current power structure.

It's an all too common mistake to see the central bankers and their mainstream media propagandists derided as incompetent fools. These "fools"control the money and the message and it's their game to lose. Most pundits think the powers that be have lost control and can do little more than kick the can down the road. They are wrong. We are about to witness one of the greatest orchestrated events in human history; a monumental slight of hand that will restore economic prosperity, keep the masses happy and, most importantly, maintain the parasitic elites in power.
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Ends....
The Big Finale

The New York Times recently reported on how banks were reducing the principal on thousands of performing loans by about 50% in exchange for small increases in interest rates and new, clean promissory notes, with no MERS involvement. As long as the Federal Reserve "adjusts" the reserve requirements for the bank to reflect half of the money that the bank created as "disappeared", then for the bank, it's no harm no foul. They are off the hook for the same amount that they reduced for the borrower, and the small adjustment in interest rate recaptures some of the lost future interest earnings from the smaller loan size..... it continues
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Alot more contained in the article found here.
http://www.activistpost.com/2011/08/what-qe3-will-look-like.html
 
Have purchased a mop and squeegy ready for the bloodbath...this is going to be messy
 
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