Tag Archives: quantitative easing

YOU Are Too Rich

By Steve Scheetz

Have you stopped to wonder why it is that many government programs seem to have been set in place in order to stop job growth, stop the economy and essentially destroy wealth while politicians, complete with soap boxes, continue to shout how we must do more to help the economy?

Here is one example of how this began to take shape since the booming economy of the 90’s.

Paul R Ehrlich believes that there are too many rich people in the world. At the International Conference on Population and Development” in Cairo in 1994, he delivered a paper stating, point blank, that the rich are burdens on global resources, and if we, as a people were to survive, we would have to ensure that everyone cuts his/her energy consumption, drastically.

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Quantitative Easing explained (video)

What the Federal Reserve is up to, and how we got here.

 

Financial Party on Wall Street, Like It’s 1929

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By Mike Whitney
Global Research

On Tuesday, the Fed announced that it will reinvest the proceeds from maturing mortgage-backed securities (MBS) into US Treasuries. The process is called Quantitative Easing. In theory, QE increases inflation expectations so that consumers spend more and rev up the economy. That’s the theory. But adding to bank reserves when the banks are already loaded to the gills, achieves nothing. It doesn’t put money in the hands of people who will spend it, generate more economic activity or increase growth. It’s a big zero.

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