ROll'n Roll"n roll'n KEEP those PRESS...

ROll'n Roll"n roll'n KEEP those PRESSES roll'n!

Posted in the Weird Forum

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Hoosierville

#1 Feb 28, 2013
US unemployment merits third round of money printing, says Ben Bernanke
The US needs more quantitative easing, despite the improving economic outlook, because unemployment remains too high, America’s central bank boss said, as he warned that looming budget cuts could derail the recovery.

Ben Bernanke also urged US politicians to avoid sharp spending cuts set to come into effect on Friday

$DOLLAR$ is dropping in value 'so-fast' you'll be having to work
twice as hard to have one.
HH

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Hoosierville

#2 Feb 28, 2013
PS: In other words you'll have to make $2.00 to buy what use to cost $1.00.

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#3 Feb 28, 2013
Actually, I'm working less and making more.

Btw - it's called inflation - maybe you heard about it in cyber-college at EKU.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Hoosierville

#4 Feb 28, 2013
Obama's administration turns on money printing machine

The dollar's been tumbling against the world's major currencies after U.S. Federal Reserve's plan to print out extra paper money. The trillion dollars needed for the plan bring the jitters to those dealing in dollars.

The Federal Reserve is once again stepping up efforts to save the U.S. economy, announcing that it will pump an extra $1 trillion into the U.S. financial system by purchasing treasury bonds and mortgage securities. The idea is to encourage economic activity by lowering interest rates including those on home loans.

Many critics say that printing that amount of money out of thin air will bring disastrous consequences and could lead to hyper-inflation and a plunge of the U.S. national currency. Many experts have gone on record saying that U.S. monetary policy has passed the point of no return when it comes to printing money. So the United States may end up having a stash of cash at home, when prices on basic products will jump significantly and leave people wondering what their money is really worth. The vivid example of the severity of hyper-inflation is Germany in early 1920s. Back at that time national paper currency had lost so much value, that people were literally burning it to stay warm. Economists warn, that the problem and the severity of that situation cannot be underestimated.

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#5 Feb 28, 2013
"Many critics say that printing that amount of money out of thin air will bring disastrous consequences and could lead to hyper-inflation and a plunge of the U.S. national currency."

Yeah, how many of those "critics" are millionaires?

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Hoosierville

#6 Feb 28, 2013
Many experts have gone on record saying that U.S. monetary policy has passed the point of no return

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#7 Feb 28, 2013
All of them millionaires - Buffet being one of them.

Big deal.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Hoosierville

#8 Mar 2, 2013
milwaukee69 wrote:
"Many critics say that printing that amount of money out of thin air will bring disastrous consequences and could lead to hyper-inflation and a plunge of the U.S. national currency."
Yeah, how many of those "critics" are millionaires?
*=* Sometimes you have no idea what your talking about do You?*=*

Inflation and the dollar being devalued again is going to hurt who the most? In the last year the dollar value has gone down 3.6%.
How long can the 'middle class' last at this rate?
Why do you think the 1% has anything to do with this, even though
they have plenty don't you think it depresses them also?
Why don't you watch the Forbes Show and see what he thinks, or GOOGLE him, if he doesn't make sense to you I'l;l; never try again!

Between the damn crooked companies I had stock in and Bernanke continuing to print money and retirement savings in the last 8 years reducing to 1/2 what it was \worth/ when I retired in 2000 I'm no
longer worried about my kids and grandkids I'm wondering if I can survive myself!
Millionaire status is long gone! ASSHOLES! that's what they are!!

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#9 Mar 4, 2013
Hoosier Hillbilly wrote:
<quoted text>Between the damn crooked companies I had stock in and Bernanke continuing to print money and retirement savings in the last 8 years reducing to 1/2 what it was \worth/ when I retired in 2000 I'm no
longer worried about my kids and grandkids I'm wondering if I can survive myself!
Millionaire status is long gone! ASSHOLES! that's what they are!!
You need a better broker - Phil the Pimp that hangs out in front of the drugstore is not a good source for stock market trends.

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