Posted on 09/27/2016 6:30:47 PM PDT by Be Careful
Largest Theft in History As expected, Ms. Yellen smiled last week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history.
(Excerpt) Read more at zerohedge.com ...
Not surprised.
Anybody mapping out retirement has been so screwed with this politically driven absurd policy.
And when there is no money left to pay the freebies, the gibsmedats need to know its her fault and where she lives...
Interestingly enough, interest rates have been recorded for thousands of years. We’ve never hit a threshold of “negative rates” until recently.
When they finally decide to pull the plug on this game called the “markets” it’s going to really get interesting.
I used to know people that were mapping out their retirement. Now that money's been stolen and they're just trying to figure out how to survive.
Yep. Anyone who counted on the safest investment we can get, living off the interest of our own savings, has been eating seed corn for so long it feels normal.
I am starting to believe that the USA would be better of if Fed.gov went bankrupt.
It would end the corrupt, insider gravy-train, end the nanny-state, and above all, end destructive government-fed socialist ideology. We still have a Constitution and some remaining States’ Rights and local governance, so after the SHTF, we could hopefully reform towards a more Constitutional limited federal government.
Trump destroyed Hillary(Isis) and Yellen(causing stock market bubble and economy bubble holding interest rates near zero they will raise after the election , the Fed , Obama and Bill Clinton (NAFTA)
Summary: The rich get richer, and the middle class becomes the poor.
Sounds like Karl Marx has had his way.
That transfer still proceeds at the rate of $800bil every stinkin' year.
With these zero interest rates for so long, who makes out in the retirement numbers ??
Govt funded pensions, union pensions.
Self employed and non-union folks have been getting screwed for a decade or more.
Obama has shipped our wealth out of the USA, for eight years, hand over fist.
We’re now broke and in debt to China, who owns so much real estate here— everything Obama has not nailed down and turned into federal land. This was the plan —> to cripple us.
All that money was our money, through taxes and fees.
The US has among the highest corporate tax rates in the world. The growth per year in the Federal Register is not measured in pages but measured in POUNDS.
Between being regulated into the ground and being the fed-guv’s cash cow, companies moving capital offshore makes a lot of sense.
Only Trump is talking about this and has been since the 1980s
The negative interest rate environment is a reflection of underlying deflationary pressure, not anything that can really be controlled easily. There's a reason why this hasn't happened before until recently. Aside from disasters like the Black Plague, we've never faced the kind of upside-down demographic profile that drives this until the last few decades.
A nation with 300+ million people cannot have almost a third of them out of the work force like we do, without having serious financial consequences.
It’s called “Marxism”.
Karl Marx HATED the middle class.
But you middle classers sat on your asses and voted for it.
So what do you want me to say?
If it helps to know, we’ve been broke for fifty years.
And that real estate China has bought here? Just let them try to take it home.
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