The Federal Reserve crushing the middle class with "Quantitative Easing"!
70
Quantitative Easing
Simply put, Quantitative Easing is when the Federal Reserve turns the presses on, prints our currency, cuts the sheets and sends the new money to market. Ultimately pushing inflation. Not such a good idea from a middle-class point of view. Why? The purchasing power of the middle-class is lowered while the cost of necessities such as food products rise at alarming rates! For example cotton is up 54% in 60 days, corn up 29%, soy 22%, and so on!
So here "We the People" are, running to the voting booths to do our part. We're being distracted by the MSM and the "donkeys" and "republicorps" continue to bring our attention to taxes, and Palin and the Tea Party movement and such, while the Federal Reserve prints up the dough in the back ally! The "End of Liberty" is on its way!
Quantitative easing may rally the "DOW" and its relatives but what good results from that for the middle-class citizen? Nothing, not a thing will the average citizen gain from this except the struggle to buy the next great "cell phone" or "I-pad" to stick in the Christmas stocking of their child this holiday season. Parents are going to have enough trouble getting the ham or turkey to the table if inflation continues on its current trend!
Free-market? yeah right!
Wall Street sits up in inactivity each night just waiting to hear the next bit of babble that dribbles from the lips of Ben Barnanke, our giving and caring Federal Reserve Chairman. Barnanke says nothing and Wall Street flutters through the day, Barnanke announces the expansion of the balance sheet by $600 billion and the market reacts immediately. This just shows the vulnerability of the economic system and the excess liquidity already floating around the world market. Where will "double-dipping" in a recession lead to in regards to managing inflation, or creating deflation? Times have shown in months to follow similar instances in the past that inflation kept rising and the debasing of the dollar bill continued. The only up side was immediate and most always short-lived in stimulating the stock market giving the investors a quick shot at quick cash with unfavorable long term results for "We the People".
Come on America, the joke's on us! The wealthy will continue to run us into our holes, (soon your homes may look like a hole!),and heard us like sheep into the future of THE RICH AND THE POOR! No more middle-class is on the horizon! Take a look at the past twenty years, the rise of the wealthy in that time, the debasing of the dollar going on right now, the limitations being places on the rights we still have, the "hype" the mainstream media forces down our throats, the unemployment situation, and the trillions our country is in debt to its creditors and try to paint a picture in your head of what the next 20 years is going to look like! Its not pretty, and we can't just sit back and watch anymore or we won't have a say in the brush strokes or even the colors being used in the painting of "OUR" future!!
We need to act and quite possibly in a drastic and immediate fashion. What would the government do if we unified and started taking simple actions with a big impact? What would the government do if a majority of Americans of every industry called in sick to work on the same day, say every Friday for two or three weeks in a row? What would be the "tax" revenue lost? How about every American just claims exempt this coming tax season when we file our returns?!! Just think of what "We the People" could say to our governing powers that be with actions such as these! Just think, just imagine if we rolled the sh*t back up the hill in unified barrels with a big ole' stamp declaring "WE THE PEOPLE!" No longer accept what "OUR" government is doing to us!
- National Inflation Association
Preparing Americans for Hyperinflation
- "End of Liberty"
PLEASE REFRAIN FROM READING FURTHER IF YOU DO NOT HAVE AN HOUR OF YOUR LIFE TO GIVE TOWARD PRESERVING THE RIGHTS "WE THE PEOPLE" HAVE OVER TIME COME TO TAKE FOR GRANTED AND ARE NOT OF AN OPEN MIND! ...
The true controller of our economy!
CommentsLoading...
Jeremy another great Hub. We're lingering in a rut made for us by exactly what you've pointed out in this write.
What about the price of coffee? Why do we have to go shopping and wonder if "we" can afford that now? Thank you for writing this it's much more realistic and down to earth than the boring newscasters on t.v. The rich? I just recently saw an article with photos included where some of the rich live in mansions and have their own personal mini-malls included. A bit too rich to drive to the stores? Thanks again for sharing.
Hello dear Jermey, inflation is not on the way, it is her as I am the poor. I have seen life from every angel you can imagine, now I know exactly what you mean when you say once the rich and poor our here, and they are here now. Being a retired senior in this country is the worst of the worst, we need to depend on THEM. Great hub, keep writing my friend, you are awesome and a smart thinking, your fan darski
Terrific writing. The Dow no longer reflects the state of our economy. We might as well go to OTB.
Nice write Jeremy, except when you said the Wealthy will run us into the ground, NEVER blame the wealthy, The wealthy pick up all the tab for this country and its billions in entitlements, The poor don't pay taxes! What you are referring to in the above about the Federal Reserve printing money is a Democrat trick to say they paid down debt, This will be the way the feds buy back treasury bonds and then tell the people look what we did for you! Hopefully the pubs will see it different!
and BP where were you at on this one? switching teams on us??? LOL
I'll admit my ignorance on economics although I am learning. My son who has been trying to make a go of small business has a lot of bad things to say about the Fed. I do remember the mass production of money in the Johnson administration which I think led to the indlation on top of unemployment.
You couldn't have said this at a better time! I am so glad people are being educated here with what is actually going on in the world around us! Please keep up the good work!
P.S. the photo of the green back toilet paper is a perfect example of what can happen with fiat money!
Write on!
Awesome job Jeremy! I agree 100% on everything in your hub! Great job... keep up the fight!
Thanks for the good read!
Inflation has been out of control.. it's about to get worse!
Spot on Jeremy! Keep up the mission!
Jeremy, thank you for this amazingly insightful article. The middle class has had the wool pulled over its eyes by our government and huge corporations, but if we don't wake up, we will find ourselves with a collapsed dollar and all the things we need to buy will be off the chart where cost is concerned. Thank you, again.
Up/Awesome




























dutchman1951 19 months ago
you are spot on here, SPOT ON!
well done, keep this up
Dutchman