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Goldman: The Fed Needs To Print $4 Trillion In New Money
Zero Hedge ^ | 24 October 2010 | Tyler Durdan

Posted on 10/24/2010 7:55:17 PM PDT by Lorianne

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1 posted on 10/24/2010 7:55:20 PM PDT by Lorianne
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To: Lorianne

Dollar bills soon to be available in two-ply rolls.


2 posted on 10/24/2010 7:56:59 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: beethovenfan

I hope they maintain the paper quality. Hate it when my finger pokes thru.


3 posted on 10/24/2010 7:58:52 PM PDT by pingman (Price is what you pay, value is what you get.)
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To: Lorianne

May God help us.


4 posted on 10/24/2010 8:00:14 PM PDT by anniegetyourgun
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To: Lorianne

5 posted on 10/24/2010 8:00:48 PM PDT by Signalman
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To: Lorianne

6 posted on 10/24/2010 8:01:02 PM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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To: Lorianne

Do they think they are playing Monopoly?


7 posted on 10/24/2010 8:04:16 PM PDT by Jude in WV
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To: Lorianne
Wrong! Wrong you A*shole WRONG! What we need is for the government to STOP Printing money. I am not saying that the Deflation will be pretty but it won't be nearly as ugly as Hyperinflation!
8 posted on 10/24/2010 8:07:32 PM PDT by KC_Lion (Lord help our Armed Service members that they not become pawns in Hussein's quest to destroy America)
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To: Lorianne
Goldman: The Fed Needs To Print $4 Trillion In New Money

Okey-dokey. Oh, and we can change our name to "the Weimar Republic" while we're at it.

9 posted on 10/24/2010 8:17:03 PM PDT by Mr. Silverback (Anyone who says we need illegals to do the jobs Americans won't do has never watched "Dirty Jobs.")
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To: Lorianne
The lame ducks are all in.

In the last two months of the Dem majority they'll clean out the treasury, hock all the silverware and send the proceeds to their liberal buddies. There'll be nothing left for Republican initiatives like extension of the Bush tax cuts (Obama has already said he'll concentrate on "deficit reduction" in 2011). It's nothing more than a political "scorched earth policy".

Get ready for 2011: economy in shambles, the treasury is empty and it's all the Tea Party's fault...

10 posted on 10/24/2010 8:29:34 PM PDT by ZOOKER ( Exploring the fine line between cynicism and outright depression)
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To: Lorianne

Soon to be followed by gold at $2500/oz and silver at $150/oz.


11 posted on 10/24/2010 8:31:43 PM PDT by CapnJack
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To: Mr. Silverback
Okey-dokey. Oh, and we can change our name to "the Weimar Republic" while we're at it.

--------------------------

The only thing Federal Reserve Chairman Ben Bernanke has to offer is to print more dollars (Monetary easing).

Fire up the presses.

And make sure Ben doesn't run out of ink printing all that money - with nothing backing it up!

Obama bamboozled millions... gave them the old 'okee doke.'

Generations of working Americans will be paying interest on the nation's debt through higher taxes for years to come and eventually will pay more than twice the initial amount in principal and interest payments.

The Rats are shovel-ready for the dust bin of history.

obama-ice-cream15-sm

12 posted on 10/24/2010 8:34:44 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: anniegetyourgun

“May God help us.”

He’s only going to do that if we ask him.


13 posted on 10/24/2010 8:48:38 PM PDT by DesScorp
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To: Lorianne

sfl


14 posted on 10/24/2010 9:07:05 PM PDT by phockthis
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To: Jude in WV

“Do they think they are playing Monopoly?”

They ARE playing Monopoly. That’s what happens when you have a fiat currency monetary system.


15 posted on 10/24/2010 9:09:54 PM PDT by DesScorp
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To: Jude in WV

When you land on Baltic it is much different than Park Place.


16 posted on 10/24/2010 9:13:55 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: Mr. Silverback

“Okey-dokey. Oh, and we can change our name to “the Weimar Republic” while we’re at it.”

To be blunt, if the Fed prints $4,000,000,000,000, what happened to the Weimar Republic will look like a walk in a (nice) park compared to what we’ll have to suffer.


17 posted on 10/24/2010 9:35:21 PM PDT by piytar (There is evil. There is no such thing as moderate evil. Never forget.)
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To: BobP

Most people, even educated people, don’t understand what a fiat (ie, unbacked) currency really is.

Short version: It is a measure of trade whose value is a reflection of people’s faith in the issuing state’s viability.

Internalize that, and then be afraid. Very afraid.


18 posted on 10/24/2010 9:55:47 PM PDT by piytar (There is evil. There is no such thing as moderate evil. Never forget.)
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To: BobP

And make sure Ben doesn’t run out of ink printing all that money -


Think of the squids!!!

Have you no mercy ???


19 posted on 10/24/2010 10:04:48 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: KC_Lion
but it won't be nearly as ugly as Hyperinflation!

That is what I really fear... and everyone who lives on a fixed income, lives off of cash accrued over a lifetime should fear most.

I'll be nearly self sufficient at 'the gulch' but I don't know how I'll be able to keep providing the (currently) several thousands of dollars a month of 24/7 care for my mentally and physically disabled mother.

20 posted on 10/24/2010 10:06:31 PM PDT by LegendHasIt
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