Rosie: “You know what I am doing next week!? I am renting a yacht, and I am calling all the friends and take the yacht to Catelena and your commin and I am putting the whole freak’n bill!”
Larry: “Oh, Yeah!? You know what I am doing? I am calling your family, I am flying them out here first class putting them in a hotel taking them out to dinner and you!”
STAGFLATION: The utterly painful combination of stagnating growth and steep inflation that marked the 1970s– and will be the natural side effect of extended central bank quantitative easing during a period of widespread deleveraging.
In other words, stagflation is the consequence of printing money that nobody wants.
Moreover, an outbreak of serious stagflation will decimate conventionally managed debt and equity portfolios. And given that most people invest with the crowd, with conventional investments or conventionally managed portfolios, stagflation will wipe the savings and livelihoods from untold masses.
But, we live in strange times– times, for example, that reward bankers handsomely for bankrupting the economy. This is why the likes of so many politicians and financial commentators are able to insist with impunity that central bankers should ‘keep printing more money’ despite never having provided a scintilla of evidence that such tactics work.
Andy B
Here’s one to knock off the list and then move on…
Price including one dive on the Titanic $59,680 per tourist.
I think that if they should print at all, they should print for the people and not solely for the banksters.
That indeed doesn’t work so begs the question if ‘Money That Nobody Wants’ really pinpoints the real problem.
Peoples wages have been freezed in an high inflationairy environment while banksters still ask a lot of money for lending to the private sector.
They don’t get the zero percent interest rates which the banksters get. This situation is unbalanced and destroys savers and thus pensioners.
I agree with Webster Tarpley that printing for the people is necessary to restart this bankster damaged economy but not after calling void all bogus bankster derivative debts.
Because paying off these trough fraud induced debts have become a technical and practical impossibility.
Seven lenders including Halifax, the Co-operative Bank, Clydesdale and Yorkshire banks and RBS-Natwest are increasing their borrowing rates by up to 0.5% for existing customers, adding about £55 ($89) to a typical £200,000 mortgage.
About 850,000 Halifax customers could find themselves paying almost £200 ($325) extra a year under the changes.
Alex covers the news, including Obama’s grandstanding over the unsubstantiated death of Osama bin Laden and the outrageous government plan to evacuate Chicago during the globalist and NATO summit.
trooper dave
Travel is going to be a luxury. Can’t people see this. The world is going back to the victorian days, or even further. What is the point of being super rich and having a private jet when lowly serfs can jet away on a plane for a holiday. They need a distinction, and I think they are going for the monty python and the holly grail one:- “bow to the king”, “which one’s the king”, “that one, you can tell, he’s the only one not covered in shit” Oh, the smell of a good peasant in the morning! truly distinguishes the master from the pleb.
I thought the golden age of luxury travel was when they still served peanuts on a flight.
Today’s $1.24 Billion Targeted Gold Slam Down Makes The Mainstream Press
This should have been at Keiser Report: Oh My Gun! (E281) with David Graeber because it’s a good example of the foundation of debt on the social frabric, originaly.as described by David Graeber .
Rosie: “You know what I am doing next week!? I am renting a yacht, and I am calling all the friends and take the yacht to Catelena and your commin and I am putting the whole freak’n bill!”
Larry: “Oh, Yeah!? You know what I am doing? I am calling your family, I am flying them out here first class putting them in a hotel taking them out to dinner and you!”
Curb Your Enthusiasm – Larry David vs Rosie O’Donnell – Denise Handicapped http://www.youtube.com/watch?v=hRbPisyR0yE
To be more precise at 3:27 http://www.youtube.com/watch?v=hRbPisyR0yE#t=3m27s
Is The International Swaps and Derivatives Association About To Be Forced To Cave?
Egan Jones Cuts Spain For Second Time In Two Weeks, From BBB- To BB+
STAGFLATION: The Consequence Of Printing Money That Nobody Wants
STAGFLATION: The utterly painful combination of stagnating growth and steep inflation that marked the 1970s– and will be the natural side effect of extended central bank quantitative easing during a period of widespread deleveraging.
In other words, stagflation is the consequence of printing money that nobody wants.
Moreover, an outbreak of serious stagflation will decimate conventionally managed debt and equity portfolios. And given that most people invest with the crowd, with conventional investments or conventionally managed portfolios, stagflation will wipe the savings and livelihoods from untold masses.
But, we live in strange times– times, for example, that reward bankers handsomely for bankrupting the economy. This is why the likes of so many politicians and financial commentators are able to insist with impunity that central bankers should ‘keep printing more money’ despite never having provided a scintilla of evidence that such tactics work.
Here’s one to knock off the list and then move on…
Price including one dive on the Titanic $59,680 per tourist.
http://www.thebluefish.com/visit-the-titanic
I think that if they should print at all, they should print for the people and not solely for the banksters.
That indeed doesn’t work so begs the question if ‘Money That Nobody Wants’ really pinpoints the real problem.
Peoples wages have been freezed in an high inflationairy environment while banksters still ask a lot of money for lending to the private sector.
They don’t get the zero percent interest rates which the banksters get. This situation is unbalanced and destroys savers and thus pensioners.
I agree with Webster Tarpley that printing for the people is necessary to restart this bankster damaged economy but not after calling void all bogus bankster derivative debts.
Because paying off these trough fraud induced debts have become a technical and practical impossibility.
Also see: THE REAL PROBLEMS & SOLUTIONS http://forum.prisonplanet.com/index.php?topic=216627.0
Webster Tarpley’s World Crisis Radio http://tarpley.net/world-crisis-radio/
Most Recent Program – April 28, 2012
Download: WCR-20120428.mp3 http://tarpley.net/audio/getfile.php?f=WCR-20120428.mp3
Australian billionaire to build Titanic II
S&P takes negative rating actions on 16 Spanish banks
US consumer spending growth slows in March
Online counterfeit market beating out street sales: US
UK: More than 1m homeowners to be hit by higher mortgage payments
Seven lenders including Halifax, the Co-operative Bank, Clydesdale and Yorkshire banks and RBS-Natwest are increasing their borrowing rates by up to 0.5% for existing customers, adding about £55 ($89) to a typical £200,000 mortgage.
About 850,000 Halifax customers could find themselves paying almost £200 ($325) extra a year under the changes.
Australian capital-city house prices fall
Home rentals increase, and so do prices – Home ownership declines to lowest level since 2006
Chicago PMI slows to 29-month low in April
Dallas Fed manufacturing index shrinks in April
OPEC oil output at highest level since 2008
Sharp contraction seen in 2012 U.K. lending
NYSE Euronext net hit by currency moves
Singapore central bank flags inflation risks
German retail sales don’t bode well for Q1 GDP
Spain economy contracts 0.3% in first quarter
OPEC oil output at highest level since 2008
Still Brent crude $119.19 and U.S. crude $104.70 a barrel now
Could The Next False Flag be at Chicago NATO Summit? [45:28] http://www.youtube.com/watch?v=7nIvyH3TMR0
Alex covers the news, including Obama’s grandstanding over the unsubstantiated death of Osama bin Laden and the outrageous government plan to evacuate Chicago during the globalist and NATO summit.
Travel is going to be a luxury. Can’t people see this. The world is going back to the victorian days, or even further. What is the point of being super rich and having a private jet when lowly serfs can jet away on a plane for a holiday. They need a distinction, and I think they are going for the monty python and the holly grail one:- “bow to the king”, “which one’s the king”, “that one, you can tell, he’s the only one not covered in shit” Oh, the smell of a good peasant in the morning! truly distinguishes the master from the pleb.