paul.house.gov http Inflation fears are heating up this week as Fed Chairman Ben Bernanke gave a speech in Boston on Friday, causing further frantic flight into gold by those fearful of the coming “quantitative easing” the Fed is set to deliver in November. Others who view gold as a short term investment engaged in immediate profit-taking after Bernanke’s speech. Gold is more correctly viewed as insurance against bad monetary policy decisions that erode the value of savings. Those bad decisions keep coming at an ever faster clip these days and we hear more and more talk of currency wars especially between the dollar, the Chinese yuan, the Japanese yen, the Australian dollar, and the Euro. As the economies of the world continue to stagnate or contract, monetary policy decisions become more relevant to people who once thought this topic arcane. We have several examples this week of major fumbles on the part of the US Central Bank: · The Federal Reserve continues to insist that inflation is too low, even while the monetary base remains at record levels, and food and gas prices continue to climb. · As the Fed continues to drive down the value of the dollar, the government accuses China of deliberately devaluing its currency, and the House has passed legislation aimed at punishing China for this alleged devaluation. · Low returns on US bonds are driving investors into higher-performing foreign bonds. Some of these countries are responding by reinstituting capital controls to …
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73mandala says:
February 10, 2012 at 10:44 am (UTC 0)
@belloni890 Was it Greenspan who said upon retirement, what he thinks ppl should do in the furure and his reply was “flee to the mountains and buy lots of barbed wire” I’m not positive it was him but i’m sure it was someone involved in the banking sector in the US. Is it also true a hell of alot of CEO’s of these big corporations in the US have resigned and sold up and left?
belloni890 says:
February 10, 2012 at 11:19 am (UTC 0)
@pretorious700 yeah I know I was just being sarcastic all of these high level thieves are groomed for these positions and to think the american people especially the ones that CAN vote actually havent rose up over the voting process after the way it got exposed in 2000, but these so called leaders that have been put in these positions of power are not nothing but millionaires does the voting public not SEE that? What do they think its an unwritten rule? please give us a f-in break.
belloni890 says:
February 10, 2012 at 11:30 am (UTC 0)
@73mandala They have already fled and took the jobs with them.
Digger054 says:
February 10, 2012 at 12:30 pm (UTC 0)
<---------------voting and possibly campaigning for Ron Paul. Only those deeply embedded in the gov't's activities would NOT vote for him
pretorious700 says:
February 10, 2012 at 1:05 pm (UTC 0)
@belloni890 It’s not odd at all if you understand the dynamic that is debased democracy. The candidates for public office are channeled through a process that weeds out anyone who questions the staus quo or turns down the lucre the lobbyists provide. Why do you think Dr. Paul was booted out of the 2008 GOP debates? He scared the shit out of the corporate owned media.
decapitatespammers says:
February 10, 2012 at 1:59 pm (UTC 0)
We can not permit inflation. Congress MUST act to prevent this. Every member of Congress must answer to this and they refuse, only resorting to entitlements (both individual and corporate).
The required remedy is to vote out every member of Congress. Yes, it’s radical. But it won’t work if we pick sides. If we do this, vote out every incumbent, and Dr. Paul is President in two years, we have a chance to save our selves and our future.
campaign4liberty says:
February 10, 2012 at 2:28 pm (UTC 0)
9/11 Liberty candidates latest news…
LibertyPoet
website
jmjfanss says:
February 10, 2012 at 3:08 pm (UTC 0)
@belloni890
Both parties truly stink and the END THE FED!
jhunted7667 says:
February 10, 2012 at 3:12 pm (UTC 0)
@belloni890 people know what’s wrong now and are a little scared , some people don’t want to make the sacrafices needed to fix the problem , when the people finally realize that we will loose our freedom if we do nothing we will elect him
belloni890 says:
February 10, 2012 at 3:32 pm (UTC 0)
Isnt it sort of odd that someone like Ron Paul that speaks the straight common sense language that the working people understand doesnt have a chance in hell of ever getting elected? It either says that the voters are just plain STUPID or the election has a few things WRONG with it ,I would bet my dollar that its BOTH,neither party is going to do anything for the working people why didnt they send that 850 billion to the consumers? the taxpayers? hell they give it away anyway to their buddies.
belloni890 says:
February 10, 2012 at 4:07 pm (UTC 0)
what is going on with these voters in the US? Democrat or Republican year after year after year my goodness , The Repubs were in the white house for 8 years with the BUSHES and stole this country blind then here comes “yes we can” and what in the hell was he talking about? Does anyone know? The mega rich run the government they control the elections yes voters you are just wasting your time on so called election day, answer me this why is it that EVERY one of the sorry bastards are millionaires
slhines7 says:
February 10, 2012 at 4:08 pm (UTC 0)
Great common sense.
jmjfanss says:
February 10, 2012 at 4:41 pm (UTC 0)
Ron Paul is so brillant.
nobbynobbynoob says:
February 10, 2012 at 5:05 pm (UTC 0)
Ron Paul is brilliant. Just sayin’.
DanKreiger says:
February 10, 2012 at 5:43 pm (UTC 0)
thinking
UFester777 says:
February 10, 2012 at 5:47 pm (UTC 0)
Buy your guns now while you can afford them.
europa says:
February 10, 2012 at 6:33 pm (UTC 0)
Gold hit $1380 it will eventually hit $3000-$10000 an ounce
freesk8 says:
February 10, 2012 at 6:34 pm (UTC 0)
Thanks, Dr. Paul!
manofreedom says:
February 10, 2012 at 7:03 pm (UTC 0)
NO!! There is no inflation or else the gov would have given a COLA …Right??? Oh, but the gov doesn’t count fuel or food cost in determining inflation and, of course, the real unemployment rate is can’t be near 20% or our beloved US gov would tell us…Right???
ffrank345 says:
February 10, 2012 at 8:02 pm (UTC 0)
@73mandala Of course they will leave. Most of the corperations came from over seas to begin with, just as almost all of the immigrants to this country came in search of “the american dream”. The problem is though, that its hard, and getting harder to make it here. Those whom want success will not hesitate to leave in search of it, just as your ancestors did not let their hesitations stop them from coming here.
helpendthefed says:
February 10, 2012 at 8:48 pm (UTC 0)
That’s awesome that Ron cited John Williams shadowstats site! Fuck You Fed!
TheBrotherMouzone says:
February 10, 2012 at 9:33 pm (UTC 0)
Hoard silver and gold, and protect it with guns and grenades. This is the way of the future.
annboylyn says:
February 10, 2012 at 9:52 pm (UTC 0)
Hard to ignor Ron Paul knows his shit
73mandala says:
February 10, 2012 at 10:10 pm (UTC 0)
The Aussie $ went over the US$ 2 days ago, the first time ever, this is surely a sign the US$ is on it’s way down.The US must get it’s house in order starting with the closure of the Federal Reserve, this is the cause of the US’s woes today, how the fuck did a institution like that ever get hold in the US? It doesn’t make sense for a country to not control it’s own money, the US must get on top of these criminal corporations because they are ruining the US and i bet they flee when the ship sinks
wcarlpdrysdale says:
February 10, 2012 at 10:15 pm (UTC 0)
Got silver???
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