Fed Reveals New Concerns About Long-Term U.S. Slowdown – Bloomberg news: this story shows how deliberate stupidity runs things in the US. We just witnessed a witless howl fest over the Chinese comment about ‘American Exceptionalism’ noting that the US is in decline. The US decline is obvious and easily seen. The Federal Reserve has many graphs detailing our collapse and yet the heads of this operation can’t understand why things are going bad even as programs they promote or admire are the direct causes of this collapse!
Tag Archives: Samuelson
Pope And Money, Fed And Money, Wall Street And Money, Bitcoins, And Other Money News This Xmas Season
It is no shock to anyone to see Fed Reserve chairs joining the pirates who have destroyed our economic system. Geithner’s rise to a top position in an international investment vulture scheme surprises no one. He used our collective credit to bail out the bankers and their buddies, the international investment gangs. The US economic system works on behalf of internationalists who have little regard for the citizens of this country and who view us all as so much cattle representing potential future credit value which they milk via the immense trade and budget deficits which have been imposed on us ever since Nixon killed the gold standard. Continue reading