After Bernanke QE China owns our dollars not our debt

1 view
Skip to first unread message

Richard

unread,
Jun 6, 2011, 1:22:02 AM6/6/11
to eastman_discussion
the chinese don't own the debt any more -- they own new dollar
deposits from the fed

the fed now owns the debt -- but the debt is no longer our problem --
trillions of ready American dollar liquidity (spendable cash) in the
hands of China is the new hurricane on its way through the American's
America.

the fed was never on our side -- it was always on the side of
creditors -- the Rothschilds (a term which includes goldman-sachs,
the rockefeller interests, and other investment banking interests)and
the ruling elites of China are the ones Bernanke serves

the Chinese can now buy up America in a climate that Rothschild and
Fed has made deflationary, forcing Americans to put their land and
businesses and homes on the auction block in distress sales etc.

The creditors (Chinese elites, international financial elites/
organized crime) thus have given themselves all the money -- that was
never ours, that was never really American money, but always -- since
world war one for which the Fed was designed -- always an
international money -- as I was saying the creditors gave themselves
all the money and created the deflationary depression inside the USA
so that all the choice propereties would be put on sale, so that
bankrupt states and cities and counties and the federal government
would put all of their land and paying assets (parking meters sold to
J B Morgan for example) and the government also sells its
deregulations -- allowing generic drugs to become retro-patent
violations, giving monopolies on drugs that were competitive -- with
fantastic increases in price to the consumer -- as I say - there is
not inflation -- only monopoly price increases -- the creditors are
killing you with deflation while building up the invading foreign
hoards with an inflation of dollars from the "QE" buying of Chinese
held US securities for dollar cash.

The Chinese become the first spenders of the new money -- but not
even that money goes into the hands of Americans - because the
Chinese won't buy it from us -- they wait until we go bankrupt and
are foreclosed, then they buy the property from the bank -- so the
money they spend never enters domestic economy circulation where it
will do any of us any good.

They starved us of purchasing power in the name of fighting inflation
-- which is impossible -- since inflation can only come from them
expanding credit -- it is not something that happens automatically
without them doing it -- fighting inflation is absurd -- they are
always the authors of speculative bubbles and credit expansion. But
in the name of fighting inflation they imposed the great starvation of
purchasing power -- the great sucking up of consumer demand from
which wages and profits come and without which unemployment and
business loss obtain. They created this deflation -- and deflation
is a natural tendency of our economic system -- we do get a net drain
of purchasing power from every new loan as -- eventually -- repayment
of principal plus payment of compound interest takes out more than the
original loan put in. Thus the flow of leakage in payments to the
financial sector exceeds the flow of new loans to the household-
production binary sector where we live and work. The economic
organism becomes enimic of purchasing power circulation. And so to
get money to pay our debts -- we sell everything we have -- and what
we had to sell was home equity -- and so to keep warm for the last
few years we simply burned our own home equity -- but even those home
equity loans had new compound interest attached so there was in no
sense a stimulus, but a stimulus-followed-by-an-even-stronger
depressant (depression causing deflation due to interest drain).

SO THEY REFUSED TO GIVE US "INFLATION" -- EVEN THOUGH INFLATION IS
THE ONLY CURE FOR DEPRESSION -- AND TO AVOID FUTURE DEPRESSIONS IT
MUST BE INFLATION THAT DOES NOT SHRINK AND GO NEGATIVE TO DEPRESSION
DUE TO INTEREST PAYMENT -- AND THAT WOULD TAKE AN ENTIRELY DIFFERENT
SYSTEM -- A SOCIAL CREDIT SYSTEM -- WHICH YOU HAVE NO INTEREST IN
BECAUSE YOU WANT A RON PAUL GOLD SYSTEM WHICH IS THE MOST DEFLATIONARY
SYSTEM OF ALL!!!!!

Everyone who has sold you on Austrian School economics and the gold
system and on the evils of inflation and the necessity of austerity to
fight inflation -- all of these people have the blood of America and
of human freedom on their hands.

And you have the knowledge that you were responsible because you
rejected the honest and informed men who tried to warn you because
they did not seem successful enough, recognized by the mainstream
enough, paid enough, to be worthy of your serious attention.

I notice none of you are responding to my posts. Can't think for
yourselves? Waiting for Alex Jones or O'Reilley, or Beck or North or
Rockwell or Celente or Kaiser to say it -- so you can then believe
it.

God is just. Have no fear. You all will get what you have coming to
you. For me that is the silver lining in all that will come upon
America, on all those innocent and good people who suffer because you
would not pass on the distress signal -- because you would not move
when the warning and call of help reached your inbox.

You can repent if you want -- but it is too late to benefit you in
this life.


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

Ellen Brown writes:

> We bought China's debt? I thought they bought ours.



Yes, Ellen, they did. But that was then and this is now. China just
sold out debt (US securities) to the Fed -- they were the QE buyers
-- the chinese felt risk of default or repudiation and so the Fed took
the problem away -- the Chinese were the buyers -- indirectly through
banker middle men -- for off of those open market operations - the
fed buying up securities in exchange for new Fed notes (deposits
actually).

The irony that makes me want to skin alive and then mince the
libertarians/Austrians/Rockefellers/conservatives is that with all
that talk about being against inflation the effect of this is that
there is inflation anyway -- except that instead of the American
people getting the inflation so they can be "first spenders" we now
have China and the sleeze international investors having all of those
new dollars so they can "first spend" trillions in this country
bidding against us poor gullible saps whose purchasing power has all
been deflated away in interest payments or stupidly spent abroad
buying gold at the behest of low dispicable rascals like Celente, Alex
Jones and Glenn Beck.


====================


Bernanke just swaped trillions Fed dollars for China's US securities
SO CHINA CAN OUTBID ON EVERY PROPERTY THAT COMES UP FOR SALE IN THE
USA
We have been sold out by the Federal Reserve scam -- this time all the
way.

Now either you join everyone else who lives here in rejecting that
deal.

Rothschild and China saw the Social Credit repudiation of debt coming
-- so they had their stooge Ben Bernanke -- use the Feds discount
power and open market operations to buy all of China's debt -- and
Rothschild's too doubltess -- with new dollars which are claims on
your labor, on anything any American sells -- so from now on we bid
against Chinese with trillions of our dollars when we ourselves are
starved of dollars -- and all you DUNDERHEADS swapped your dollars
for worthless gold -- beliving Ron Paul and Gerald Celente and saying
"Phooey on You" to the populists and social crediters who warned you
again and again -- needed dollars in the hands of Americans swapped
for sterile gold which doesn't circulate and therefore doesn't give
anyone a paying job etc. or pays the mortgage or rent or buys
inventories to sell or gives us demand to keep our businesses
opened.

And what the heck are you doing with the messages I send you --
blocking them, deleting them, ignoring them????? Or are you all so
busy listening to Celente of Alex Jones or Glenn Beck on Fox or Lew
Rockewell on Mesis dot org that you never visit your inboxes anymore.

You share the fate of King Midas.

Why the heck don't some of you come over to the social credit side.
That is your last and best hope -- if only you will see it that way.

-----------------
The fed is just a pile of uncollectable IOUs now. It has all the
securities that Americans now (thanks to QE) -- the creditors having
prefered liquidity to interest -- and as the Fed made a gift
exchange of dollars for uncollectable US securities -- it sweetened
the gift with the super deflation which has devestated the US.



Again I tell those who say there is inflation in the US that there is
not -- that the higher prices are the result of monopoly pricing and
fewer suppliers, not more dollars chasing the the economic pie which
is what monetary inflation really means -- and in the case of food a
worldwide the high prices are the direct result of a deliberate
merchant banker ("Rothschild") policy to reduce supplies -- lower
quality food in smaller boxes at higher prices in case you didn't
notice. The printing press did not raise the price of food and
gas. Celente and Ron Paul and Alex Jones have been handing you a
line of propaganda -- as well as telling you to buy gold -- which
makes the real killer, deflation, that much worse.



=========================



Eastman -- the man who tried to interest you in social credit to save
the nation
Reply all
Reply to author
Forward
0 new messages