Showing posts with label megabyte. Show all posts
Showing posts with label megabyte. Show all posts

Friday, May 30, 2014

Friday, February 26, 2010

Groundhog day a couple of weeks late - - -

On Thursday night, Feb. 18, the FED (Federal Reserve) unexpectedly raised interest rates a quarter point.
~"This is the FED's version of Groundhog Day. ...It saw it's shadow (inflation) and so it raised rates.--Pimco's Bill Gross, CNBC, February 19, 2010, 08:45:19


Wednesday, January 27, 2010

Federal Reserve Operations Nut-shelled

"The Fed's "independence" means the banksters' freedom to take in $1 in deposits, set aside 3 cents in reserves, lend $1 at effective 33:1 leverage at a growth rate of 7-10%/yr. at a doubling time of 7-10 years, go broke once a decade, and have the US Treasury make them whole so they can do it all over again." --Hypocrite Bernanke and his Political Pandering; Bernanke Buys Votes

Tuesday, December 11, 2007

The Technique of Inflation

"The technique of inflation demands that governments and their agencies shall continuously deceive the public about the fact, the speed and the duration of inflation intended. Ministers of finance have no option but to employ what has been called 'the necessary untruth'." Professor W.H. Hutt, quoted by Mogambo Guru, Cheaper to Freeze to Death, Oct. 23, 2007