Bernanke thought it was working just fine - because all his liberal elite friends where making out like bandits.... When the crash comes it’ll be our turn - the middle class - to finally do our part... Pay for the whole mess.
Bernanke thought it was working just fine - because all his liberal elite friends were making out like bandits.... When the crash comes it’ll be our turn - the middle class - to finally do our part... Pay for the whole mess.
Thanks for nothing Bernanke...
Reality:
Of course, the sky high stock market has nothing (really!) to do with this:
Nope. Not a thing.
Hey! What the??????!!!
Money is not a bad thing. Neither is wealth. But anyone putting their trust in this corrupt, manipulated system, and not in God, is seeking the wrong kind of "security."
Disaster will come upon you, and you will not know how to conjure it away. A calamity will fall upon you that you cannot ward off with a ransom; a catastrophe you cannot foresee will suddenly come upon you.
Isaiah 47:11
And all of that wealth was stolen from others who were innocent and given to those who were not. For instance, It was stolen from all the saving accounts of everyone. If Granny had a mere 80,000 dollars in savings then Granny has lost 15,000 to 20,000 dollars in interest by now. All of that money was transferred to others who caused the mess in the first place. Meanwhile the price of everything that Granny buys has gone up considerably.
If anyone at the Federal Reserve honestly believed ‘printing’ and giving billions of dollars to banks and pumping up the stock markets helped the ‘average person’, they have their heads shoved so far up their asses it’s unreal. Same goes with the various economic “stimulus” spending and giveaways/handouts by the Congress.
All of the above was just squandered money given to select people and entities at the expense of us ALL.
I’m in the wholesale business...food manufactures are doing everything they can to keep prices from going up....shrinking the size of their products to increasing their minimum order to buy...
I saw huge price increases post 2008 meltdown....
We will see the same thing again very soon....
Had the banksters been shoved up against a wall and shot instead of being given TARP and the ongoing Fed free money, we would have had a serious depression for a year, and then rebounded completely. Instead, it’s malaise forever - or at least until the FRN = the Zombabwe dollar.