From @YidWithLid: the Quantitative Easing Scam. #bailout #tcot #teaparty

When the government wants to spend money to buy votes, it has to either print the money, borrow it, or tax the people. The people are in no mood to be taxed, and no one wants to loan us the money.

So what is a statist to do?

Pretend it into existence! Just type in the amount you need into your Magic Sliding Decimal Federal Reserve Account, and presto. $600 Billion.

Our government is still out of control, historic election or not.

Amplify’d from yidwithlid.blogspot.com

The Fed’s $600 Billion Dollar Plan For Economic Suicide

Its called quantitative easing, which is just banker talk for devaluing the a currency. Today the Fed is about to work some “black magic.” They are going to create $600 billion dollars out of nothing. It absolutely no different than a corporation vowing to improve its fiscal performance simply by printing a lot of new shares.Read more at yidwithlid.blogspot.com
 

Advertisements
This entry was posted in Uncategorized and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s