Okay Patty I get it.
Jun 14, 2014 10:05:10 #
Floyd Brown
Loc: Milwaukee WI
Okay Patty I Get it.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
Jun 14, 2014 11:28:32 #
Inyourface
Loc: East Coast
Floyd Brown wrote:
Okay Patty I Get it.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
What's the matter Floyd? Not getting any? Is that why you are sucking up to loopy, Patty? She is as crazy as a bed bug and probably 90 years old ,at least her concept of reality is.
Jun 14, 2014 11:43:54 #
Inyourface wrote:
What's the matter Floyd? Not getting any? Is that why you are sucking up to loopy, Patty? She is as crazy as a bed bug and probably 90 years old ,at least her concept of reality is.
I believe he might be seeking a contribution from Patty for some kind resolve, rather than the continuous prophetic gloom and doom she posts. I fear the only suggestion she may come up with is to boot Obama and his entire administration. I hope I am wrong, that would be refreshingly productive.
Jun 14, 2014 12:55:44 #
Floyd Brown wrote:
Perhaps we could even find ways to undue the mess that was made.
Undoing the "mess" which began in 1779, which created yet another government of Force, would take another 235 years to unravel. Can we actually avoid the Great Collapse until then?
Jun 14, 2014 14:15:56 #
Inyourface
Loc: East Coast
maelstrom wrote:
I believe he might be seeking a contribution from Patty for some kind resolve, rather than the continuous prophetic gloom and doom she posts. I fear the only suggestion she may come up with is to boot Obama and his entire administration. I hope I am wrong, that would be refreshingly productive.
Well said.
Jun 14, 2014 16:41:16 #
Why would you copy and paste this into a new thread? I already answered this question for you. My answer is the same.
Floyd Brown wrote:
Okay Patty I Get it.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
In fact I have been aware of much of what has been going on for a long time.
I have offered things that I think need to be done.
Now I am looking to you with your deeply inquisitive mind to look into the issue of how we stop or at least slow down all of these things that have gone wrong.
Perhaps we could even find ways to undue the mess that was made.
Jun 14, 2014 19:38:59 #
:-( :hunf: Looks like you copied this to a new thread way after I had already addressed your question so I have to assume it was just a pathetic cry for attention. That's just sad.
Jun 15, 2014 06:10:05 #
Inyourface wrote:
I think you're crazy as a bed bug. And by the way, just why do you support the most obviously Anti-American, D******e, Lawless, Criminality Corrupt, Decieptful, and T*****rously Destructive excuse for a president in the entire history of the United States." ? ?? ??? And don't try to pass yourself off as just a worthless and clueless moron by saying he is not.What's the matter Floyd? Not getting any? Is that why you are sucking up to loopy, Patty? She is as crazy as a bed bug and probably 90 years old ,at least her concept of reality is.
Jun 15, 2014 06:39:01 #
Very odd that he would take this from another thread and copy it here after I answered his question. I just don't get it.
:hunf:
Steve700 wrote:
I think you're crazy as a bed bug. And by the way, just why do you support the most obviously Anti-American, D******e, Lawless, Criminality Corrupt, Decieptful, and T*****rously Destructive excuse for a president in the entire history of the United States." ? ?? ??? And don't try to pass yourself off as just a worthless and clueless moron by saying he is not.
:hunf:
Jun 15, 2014 09:00:08 #
Inyourface wrote:
What's the matter Floyd? Not getting any? Is that why you are sucking up to loopy, Patty? She is as crazy as a bed bug and probably 90 years old ,at least her concept of reality is.
As a low IQ, low information black v**er, what is your concept of reality there, slick?
Jun 15, 2014 09:00:58 #
Patty wrote:
Very odd that he would take this from another thread and copy it here after I answered his question. I just don't get it.
:hunf:
:hunf:
There is a word for InYourFace, and it isn't Negro.
Jun 15, 2014 09:38:11 #
When someone claims I don't come up with answers as when I take the effort to write them no one is interested in the answers as was the case with this post.
I wrote this the other morning after finishing James Rickards "The Death of the Dollar"
He wrote this between 2010 and 2012 and I heard a n interview the other morning where he stated that he stepped up his predictions based on how quickly Obama pushes with his "sanctions" This is pretty long but summarizes the whole book. If you want me to summarize the conclusion where he talks about what we should do let me know.
"Mishkin (Bernanke's mentor) has determined that the Central bank (fed res.) is on the brink of insolvency. Mishkin warns that the fed is c*********d and dangerously close to it independence being c*********d and its sole purpose is now to monetize debt through inflation.
Larger deficits and higher borrowing costs will cause a death spiral and countries will have to chose of austerity or defaulting on the debt. Austerity hurts nominal growth worsening debt to GDP ratio and can cause a debt default while trying to stop one.
They have taken the policy of monetizing the debt to give them time and keep interest rates on the debt under control.
This is a double edged sword in that "printing causes a lack of confidence in a currency. Miishkin describes this as "fiscal dominance" and the debt will have to be satisfied by issuing monetary assets and will cause inflation while the fed tries to lower it due to the gov debt. So despite the feds policy to control interest rates it nflation will be produced.
Swapping long term debt for short term makes the gov more vulnerable to lose of confidence and flight from the dollar. (treasuries).
The fed thinks they are managing a reversible process and that is not the case through out history. Turning deflation into inflation through money creation is irreversible.
From 2009-2012 the fed monetized 1.2 trillion the bankers jobs and bonuses were saved but only replaced private debt with public debt. This debt is unpayable in real terms and default for smaller economies are happening now. (Cypress, Greece, Argentina). Larger countries will deal with this through inflation and will steal the savings, deposits and bond holders alike.
Deflation is rooted in depressionary psychology and not in the control of the policy makers. Investors start to save and hoard money to avoid risk. Once deflationary thinking occurs it is not reversible through crutched up stock prices and rising housing market numbers as shown that despite record highs in the markets volume continues to be very low and the housing market is not fueled by family ownership but developer purchases. The fact that central banks are doing all they can to cause inflation but other than food and fuel prices continue to deflate are a sign that the demand is low and confidence is gone. No consumerism means deflation.
Historical when currencies hit this point a new system is needed to restore confidence. as was the case of the Sterling replacement from 1925-1944 and the replacement of the gold standard from 71-80.
Three things can happen. 1 a world currency in SDR's; 2 is a gold standard; third is social disorder.
SDR's is already in the works and has been a pet project of Soros/ Popper since 1969. It increases SDR through the IMF through SDR based investment assets, issuers, investors, and dealers. Its not the debt but the derivatives that are out of control that would push this system into play before it is ready. China will insist that it is not used to save the dollar but to replace it with the yuan. The dollar will be devalued to the new SDR and cause massive inflation and adjustments will have to be made as they will have to be earned through global competition and not printing.
Gold standard is another way and could arise from the massive inflation and lack of fiat confidence or through deflation where the dollar is revalued by by the gov to increase general price levels and has been suggested to peg at $9000.00 an oz. Revaluation of gold would have to be sufficient to support global trade and cause inflation in the USD and would wipe out savings of all kinds.
Social disorder is pretty self explanatory and will as usual create f*****m and gov condoned theft.
Originally it was the baby of Mussolini from an extreme left leaning agenda. Today the distinction lies in the division of those who want more state power thinking they can fix it and those who want more liberty. In the state ontology order comes before liberty or justice.
Seven signs.
1. price of gold either way could signal a buying, uncontrolled buying frenzy and price drops could signal an out of control deflationary policy.
2 Banks continued buying up gold. Remember this was written in 2011 and we are already seeing this happen as is true in a price drop last year.
3. IMF governance reform. China is already gather more v****g power in the IMF so that has occered since this was written.
4. Failure of regulatory reform. The banks lobbist are beating down the members of congress that are trying to bring back some of the basics of the Glass- Steagall main provisions. They are losing since this was written.
5. System crashes like the one on May 6th 2010 when the market dropped 1000 points in minutes. On August 1st 2012 Knight Trade computer debacle wiped them out and these types of occurances as we have seen markets shut down due to glitches that have occurred several times in the last couple months should not be seen as flukes but as cyber wars are being perfected there are little safe guards left.
6. Is the sustained down turn to assets buying of the Japanese and American treasuries which is also occurring.
7. A Chinese collapse of the economic Ponzi scheme that is all economies now world wide. We will sewe c*******t China stealing the assets of sovereign investors and further efforts to either cap or devalue Chinese currencies to stimulate trade.
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."
I wrote this the other morning after finishing James Rickards "The Death of the Dollar"
He wrote this between 2010 and 2012 and I heard a n interview the other morning where he stated that he stepped up his predictions based on how quickly Obama pushes with his "sanctions" This is pretty long but summarizes the whole book. If you want me to summarize the conclusion where he talks about what we should do let me know.
"Mishkin (Bernanke's mentor) has determined that the Central bank (fed res.) is on the brink of insolvency. Mishkin warns that the fed is c*********d and dangerously close to it independence being c*********d and its sole purpose is now to monetize debt through inflation.
Larger deficits and higher borrowing costs will cause a death spiral and countries will have to chose of austerity or defaulting on the debt. Austerity hurts nominal growth worsening debt to GDP ratio and can cause a debt default while trying to stop one.
They have taken the policy of monetizing the debt to give them time and keep interest rates on the debt under control.
This is a double edged sword in that "printing causes a lack of confidence in a currency. Miishkin describes this as "fiscal dominance" and the debt will have to be satisfied by issuing monetary assets and will cause inflation while the fed tries to lower it due to the gov debt. So despite the feds policy to control interest rates it nflation will be produced.
Swapping long term debt for short term makes the gov more vulnerable to lose of confidence and flight from the dollar. (treasuries).
The fed thinks they are managing a reversible process and that is not the case through out history. Turning deflation into inflation through money creation is irreversible.
From 2009-2012 the fed monetized 1.2 trillion the bankers jobs and bonuses were saved but only replaced private debt with public debt. This debt is unpayable in real terms and default for smaller economies are happening now. (Cypress, Greece, Argentina). Larger countries will deal with this through inflation and will steal the savings, deposits and bond holders alike.
Deflation is rooted in depressionary psychology and not in the control of the policy makers. Investors start to save and hoard money to avoid risk. Once deflationary thinking occurs it is not reversible through crutched up stock prices and rising housing market numbers as shown that despite record highs in the markets volume continues to be very low and the housing market is not fueled by family ownership but developer purchases. The fact that central banks are doing all they can to cause inflation but other than food and fuel prices continue to deflate are a sign that the demand is low and confidence is gone. No consumerism means deflation.
Historical when currencies hit this point a new system is needed to restore confidence. as was the case of the Sterling replacement from 1925-1944 and the replacement of the gold standard from 71-80.
Three things can happen. 1 a world currency in SDR's; 2 is a gold standard; third is social disorder.
SDR's is already in the works and has been a pet project of Soros/ Popper since 1969. It increases SDR through the IMF through SDR based investment assets, issuers, investors, and dealers. Its not the debt but the derivatives that are out of control that would push this system into play before it is ready. China will insist that it is not used to save the dollar but to replace it with the yuan. The dollar will be devalued to the new SDR and cause massive inflation and adjustments will have to be made as they will have to be earned through global competition and not printing.
Gold standard is another way and could arise from the massive inflation and lack of fiat confidence or through deflation where the dollar is revalued by by the gov to increase general price levels and has been suggested to peg at $9000.00 an oz. Revaluation of gold would have to be sufficient to support global trade and cause inflation in the USD and would wipe out savings of all kinds.
Social disorder is pretty self explanatory and will as usual create f*****m and gov condoned theft.
Originally it was the baby of Mussolini from an extreme left leaning agenda. Today the distinction lies in the division of those who want more state power thinking they can fix it and those who want more liberty. In the state ontology order comes before liberty or justice.
Seven signs.
1. price of gold either way could signal a buying, uncontrolled buying frenzy and price drops could signal an out of control deflationary policy.
2 Banks continued buying up gold. Remember this was written in 2011 and we are already seeing this happen as is true in a price drop last year.
3. IMF governance reform. China is already gather more v****g power in the IMF so that has occered since this was written.
4. Failure of regulatory reform. The banks lobbist are beating down the members of congress that are trying to bring back some of the basics of the Glass- Steagall main provisions. They are losing since this was written.
5. System crashes like the one on May 6th 2010 when the market dropped 1000 points in minutes. On August 1st 2012 Knight Trade computer debacle wiped them out and these types of occurances as we have seen markets shut down due to glitches that have occurred several times in the last couple months should not be seen as flukes but as cyber wars are being perfected there are little safe guards left.
6. Is the sustained down turn to assets buying of the Japanese and American treasuries which is also occurring.
7. A Chinese collapse of the economic Ponzi scheme that is all economies now world wide. We will sewe c*******t China stealing the assets of sovereign investors and further efforts to either cap or devalue Chinese currencies to stimulate trade.
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."
Jun 15, 2014 09:45:24 #
Floyd Brown
Loc: Milwaukee WI
Yes Patty I get it this is a problem.
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."[/quote]
Have you posted "nutshell the conclusion"
If not why?
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."[/quote]
Have you posted "nutshell the conclusion"
If not why?
Jun 15, 2014 10:10:23 #
Patty wrote:
If you want me to summarize the conclusion where he talks about what we should do let me know.
This addresses a most critical issue. I am "letting you know" that I would like to see what his conclusion might be. You can summarize if you wish, but a URL would probably suffice. We are overwhelmed with tediously long b***hy "news", but darn few calls for Action!
Thank you. :thumbup: :?:
Jun 15, 2014 10:26:06 #
No one was interested and I saw no point in summarizing the books last chapter if no one was going to read it. Economics was not my strong subject and it has taken a lot of effort to be able to even understand what writers on the level of Rickards is even talking about. I will be the first to admit that I am stuck with average intelligence. Let me go review the last chapter (conclusion) and I will post it here.
ote=Floyd Brown]Yes Patty I get it this is a problem.
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."[/quote]
Have you posted "nutshell the conclusion"
If not why?[/quote]
ote=Floyd Brown]Yes Patty I get it this is a problem.
The last section is on what to do. If anyone reads this and wants me to "nutshell the conclusion I will be glad to but don't want to continue if there is no interest."[/quote]
Have you posted "nutshell the conclusion"
If not why?[/quote]
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