Suicide banker terrorists at Fed will...

Suicide banker terrorists at Fed will destroy US economy

Posted in the Kennett Square Forum

Ruminate

West Chester, PA

#1 Oct 28, 2010
The Fed plans to print trillions of dollars in order to ostensibly stimulate the economy. Their logic as to how this will help is very specious. Its common knowledge that printing more currency devalues it and causes inflation. Rather than stimulate hiring and spending this will have the opposite effect. It is the major banks that are refusing to lend that are the problem. Those same banks are members of the Fed (which is a cartel of private banks), so the Fed should know as well as anyone that their members are the problem, and printing more money will not increase lending. Inflation could easily spin out of control into hyper-inflation. If hyper-inflation hits America, it is done as a country.

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