Yellen? Barely Talkin!, page-330

  1. 5,811 Posts.
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    re the helicopter drop... studies have shown that for MUCH LESS than was gifted to the big banks, the govt could have simply sent the money straight to home owners; very few would have ended up under water and there would have been no GFC at all; but the banksters would not have gotten their free trillions (and they have that trillions make bubbles everywhere leading to money for them and NOTHIN for the man in the street)

    so, they missed their chance at the helicopter drop; but you gotta do it careful; when Rudd gave out just money, you recall the price of a cartoon of beer in remote parts of Australia rose to four or five times the normal price

    honestly, I think the Fed succeeded in what they wanted... make the rich richer, the others become debt slave / servants; it is working well; so well, I think we will have nil (or the symbolic one and done 0.25%) rate rises and some gentle QE4 and 5 and 6... I mean gently into the pockets of the banksters; the current rescue is working just as planned... just keep on

    I think this will go 15 years for sure... just like it is

    I listened to Jim Rickards the other day... he does NOT expect gold to rise much... he says sideways until the entire system defaults/implodes... THEN it will go up multiples; Lord knows WHEN
    Last edited by danhoff: 06/10/15
 
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