Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TenthAmendmentChampion

Where is the $300B coming from?? or should I ask??


9 posted on 03/18/2009 12:40:09 PM PDT by elpadre (nation)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: elpadre
Out of the collective imagination of Bernarke and his stooges.
14 posted on 03/18/2009 12:43:05 PM PDT by brydic1
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre

Thin air.


15 posted on 03/18/2009 12:43:09 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre
"Where is the $300B coming from?? or should I ask??"


Scene. Around 2040. Senator Gore, Jr, Royal Barge being pulled up the Potomac to the vast family estate.

Bargeman puller; "I remember my parents telling me of the times before the permante national emergency. Sounded real nice"
2nd Barge puller; "I just wish my parents hadn't sold me to the Gore family for money for oats. But, we were starving."

23 posted on 03/18/2009 12:51:25 PM PDT by Leisler
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre
When the Fed Res “purchases,” it does so by either calling in debts. This contracts the money supply and slows down the economy. They did this in the late 1920’s, after massively increasing the money supply. I think you know what that led to.

The other way they “purchase” is to print new money. Since our money has no precious-metal backing, it is only as valuable as people consider it to be. The more they print, the less value each dollar has, the more prices go up. Since their stated goal is to increase liquidity in the economy, this must be their method.

For a few months now I've suspected that the goal is to ruin the US dollar in order to push for a UN Ministry of Economic Management and a global currency through the World Bank.

This combined with everything else that is happening is, unfortunately, serving as further evidence that my worst fears are coming true.

If someone can prove me otherwise, please do. Please!

26 posted on 03/18/2009 12:53:28 PM PDT by Ghost of Philip Marlowe (The Stimulus Package: Preamble to the Democrat's new Declaration of In Dependence)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre
"Where is the $300B coming from?? or should I ask??"

It's just 'Helicopter Ben' Bernanke making good on his promise from a few years back.

As to where the money comes from? Of course, we all know that the Federal Reserve is a private bank that has the right to issue our currency. All they do is make an accounting entry to create dollars (debit cash, credit equity) that they then use to buy U.S. Treasuries and collect interest from you, your children and your children's children ad infinitum.

This is why the Constitution mandated 'gold and silver coin' as money. Not that anyone pays any attention to such an antiquated document anymore. Think fiat (which is a currency backed by noting, i.e., the U.S. dollar) inflation wasn't known in the 1700s? Think again...

42 posted on 03/18/2009 1:09:08 PM PDT by GourmetDan (Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre
That 300 billion is being printed as we speak. Never fear. You will see the return of the $1000.00 bill before long.
97 posted on 03/18/2009 8:29:31 PM PDT by Candor7 (The weapons of choice against fascism are ridicule, and derision. (member NRA)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: elpadre

“Where is the $300B coming from?? or should I ask??”

Where from? Why the Govt is just charging it to its credit cards.


102 posted on 03/19/2009 2:38:24 AM PDT by OldArmy52 (Mainstream Media cheered: Ascension of Castro, Chavez and now Obama.)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson