Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Brain Damage – And, Uh, QE Is Working (I’ll Explain)!

September 20, 2013 by mosesman
Don't you see the Illuminist pyramid and Satanic capstone on your dollar bill?
Don’t you see the Illuminist pyramid and Satanic capstone on your dollar bill?

“If QE is about the economy and jobs, why is more than 50% of the money being printed going to – and sitting in – the Fed bank account held by the U.S. subsidiaries of foreign-owned banks?” – Quote

  • Brain Damage – And, Uh, QE Is Working (I’ll Explain)! 
    by http://truthingold.blogspot.sg/ 
    The Fed has lost control of the markets and Wall Street economists, media analysts and most blog writers suffer from tragic and terminal mental disabilities.
    –

    First off, I’d like to say that I’m really quite amazed at the degree of “surprise” over the FOMC policy statement yesterday.  Anyone who understands the nature of QE and why it’s being done knew back in May when Helicopter Ben first mumbled the word “taper” that the Fed wouldn’t reduce QE.  Given the response reflected by the media and the fact that 100% of Wall Street’s brain trust expected a $10-15 billion “taper,” I’d say that every single Wall Street economist is brain damaged.  What he hell are they getting paid for when they get their forecasts so egregiously wrong every god damn week?  Seriously.
     –
    And now I’m seeing articles which are reporting that now the big debate is the timing of an eventual taper.  Einstein is credited with attributing insanity to the act of making the same mistake repetitively.  I guess Wall Street, and the media who regurgitates Wall Street’s vomit, must not only be brain damaged, but they all must be insane as well.  Analyze this you brutes:   Ben Bernanke said – almost verbatim – that the Fed will reduce its stimulus policy when the unemployment is below 6.5%.  He specifically said that  “we are tied to the data, we don’t have a fixed calendar schedule” and that a low interest rate policy will be in effect until unemployment goes below 6.5%.  The Fed is tied to the data not the calendar.  Bold, italics, underlined.  If you know how to use google you can find the exact quote from Bernanke’s mouth.  If Wall Street’s overpaid finest – and paid with taxpayer largesse, I might add – wants to figure out when the Fed will “taper,” then they should spend their time figuring out what it will take to get unemployment below 6.5%.  Here’s my call:  we won’t see that number in our lifetime.
     –
    Now I’ll explain for Zerohedge, CNBC, Fox Business, Bloomberg News and ALL the severely mentally challenged Wall Street analysts exactly why the Fed is printing money.   Follow the f#cking money.
     –
    The Fed is printing money in order to keep the banks – both the domestic too big to fails AND the foreign too big to fails – from failing.  That’s the policy.  In fact, I believe that in the whirlwind of wealth transfer in 2008 – led by the Obama Government – that Congress may have even legislated into law the too big to fail idea.
     –
    If QE is about the economy and jobs, why is more than 50% of the money being printed going to – and sitting in – the Fed bank account held by the U.S. subsidiaries of foreign-owned banks?  Here’s the money trail.   Since “QE” began, the Fed has printed up roughly $2.8 trillion dollars.  I’ve gone through this exercise in past posts, but here’s the updated numbers.  Of that $2.8 trillion,  roughly $2.3 trillion is sitting in the banks’ “excess reserve” account at the Fed.  Of that $2.3 trillion, $1.193 trillion has gone to U.S. banks charted in this country.  However, $1.225 trillion has gone to the foreign banks with operations in the U.S.  You can find these numbers in the Federal Reserve Board report on Assets and Liabilities in the United States, Table H.8 – here’s the pdf for you:  LINK
    –
    read more!

Helicopter-Ben_Bernanke

end

Post navigation

Previous Post:

Bill Holter: Tapering – If Not Now? When?

Next Post:

Gregory Mannarino: RED ALERT! 5 Years Out: The U.S. Economy Still In Crisis – NO TAPER!

Pages

  • About

Recent Posts

  • Nuke Tensions Heighten Amid Ukraine War as Belarus Says Russia Must Ready Nuke Weapons | WION
  • Majority of COxVID-1_9 Deaths Among Australia NSW Residents are Triple & Quadruple Vaccinated
  • Paul Craig Roberts Nuke War Coming, Mysterious Deaths Don’t Stop, Dems Can’t Win
  • Artificial Baby Womb Testing Complete: Transhumanists Hellbent On Destroying God’s Creation
  • Dr. Zelenko | Dr. Zelenko Bravely Exposed the Satanic Depopulation Transhumanism Agenda
  • Cautionary Tale Signals Global Food Shortage This Fall
  • This Signals SLINGSHOT Reversal In Silver & Miners | Michael Oliver
  • Rafi Farber: The Next Financial Crisis is At the Door
  • Russia Demands Rubles for Grain Exports
  • The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression
  • Covid-19 May Have Originated in US Biolab – Lancet Chair
  • Sanctions Only Help to Create a Multipolar World
  • Flashback 2014: Head of Stratfor, the ‘Private CIA’, Says Overthrow of Ukraine’s Yanukovych Was ‘The Most Blatant Coup in History’
  • Digital Tyranny & the QR Code / W.H.O. / Backdoor World Government (Peter Koenig; Prof. Chossudovsky)
  • Jaime Carrasco: Central Banks Admit They have Lost Control of Inflation
  • Biden, ‘Putin Wants Finlandization of NATO’. China Slams NATO. Turkey F16s, Greece F35s Update 1
  • “It Is Very Serious”: War And Weather Threaten To Send Food Prices Even Higher
  • NATO Admits It’s Been Preparing for Conflict With Russia Since 2014
  • Ep: 80 Live From The Vault – Silver Fuels The BRICS Currency Rocket
  • If We Keep Escalating This Conflict, The End Result Will Be A Nuclear Cataclysm

Archives

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
September 2013
M T W T F S S
« Aug   Oct »
 1
2345678
9101112131415
16171819202122
23242526272829
30  
© 2022 Socio-Economics History Blog | WordPress Theme by Superbthemes