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Thread: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by justabubba View Post
    what was the significance of the cited 'agricultural land'
    Good morning, justabubba.

    She didn't elaborate that I heard, but agricultural land is getting very pricey, because thousands of acres are apparently being gobbled up by large agribusinesses. Unfortunately, they then allow those lands to lie unused and fallow instead of growing food, which is going to mean ever rising costs for the consumer. I believe Humbolt made a reference the other day to exactly what he sees happening in his area. If he is on here this morning, perhaps he could explain further.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by justabubba View Post
    why is excessive liquidity expected to drive interest rates upward?

    Excess liquidity equals high inflation, usually.

    The Fed increases interest rates...usually...to bring that money back, pull it out of the market and they also lower banks reserves as a way to combat rising inflation.

    Right now there is a threat of deflation and thats much harder to climb out of.

    The pendulum swings both ways but all Bernakes pumping is doing is loading banks up with record reserves and boosting asset prices.

    It's not having any substantial positive effect on the economy and one day it wi have to be addressed when we return to reality.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Not only are we being robed of interest on our money but the way obama is printing more and more dollars the money we have goes down in value and is one of the reasons gas is so high.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by Fenton View Post
    Excess liquidity equals high inflation, usually.

    The Fed increases interest rates...usually...to bring that money back, pull it out of the market and they also lower banks reserves as a way to combat rising inflation.

    Right now there is a threat of deflation and thats much harder to climb out of.

    The pendulum swings both ways but all Bernakes pumping is doing is loading banks up with record reserves and boosting asset prices.

    It's not having any substantial positive effect on the economy and one day it wi have to be addressed when we return to reality.
    if there is excessive liquidity, then would that not indicate that the money was not in the market, such that it would not be there and in need to be pulled out with higher rates, as you purport?
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by justabubba View Post
    if there is excessive liquidity, then would
    that not indicate that the money was not in the market, such that it would not be there and in need to be pulled out with higher rates, as you purport?
    There may not be alot of money in the ECONOMY but the markets and the banks are deluged with excess printed currency.

    Its a great time to be a bank in America right now. Their Reserves are close to record levels and since 2008 they have been paid interest on those reserves by the FED. Thats the money a bank HAS to have on hand by law.

    They are paying reserves to influence overnight rates wich also effect short term interest rates.

    All that money in a healthy economy with REAL wealth in circulation will lead to high inflation, devaluing the wealth thats now being sat on by the investors and corporations.

    So it's the FEDs job to control that and high interest rates and lowering bank reserves is how they accomplish it.

    Investors now are taking advantage of whats basically free money in the finacial markets, BUT they are watching Bernake like a hawk for ANY indication that hes going to stop pumping.

    This is why HE CANT STOP. Vicious cycle.

    He knows the sell off and crash thats coming if he does.

    Its surreal whats been done to prop up this Presidents destructive economic policies. It should be criminal.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by sawyerloggingon View Post
    Not only are we being robed of interest on our money but the way obama is printing more and more dollars the money we have goes down in value and is one of the reasons gas is so high.
    Good morning,sawyerloggingon.

    I believe Bernanke is responsible for flooding more money into the system, but from what I can see, BHO certainly doesn't disagree with him! It's having an effect on the stock market, which is going ever upwards, which gives the appearance that things are just fine with our economy, which makes the administration look good. Unfortunately we are affected by the higher costs of everything, as it takes more dollars to stay even. The banks are happy, though!

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by Fenton View Post
    There may not be alot of money in the ECONOMY but the markets and the banks are deluged with excess printed currency.

    Its a great time to be a bank in America right now. Their Reserves are close to record levels and since 2008 they have been paid interest on those reserves by the FED. Thats the money a bank HAS to have on hand by law.

    They are paying reserves to influence overnight rates wich also effect short term interest rates.

    All that money in a healthy economy with REAL wealth in circulation will lead to high inflation, devaluing the wealth thats now being sat on by the investors and corporations.

    So it's the FEDs job to control that and high interest rates and lowering bank reserves is how they accomplish it.

    Investors now are taking advantage of whats basically free money in the finacial markets, BUT they are watching Bernake like a hawk for ANY indication that hes going to stop pumping.

    This is why HE CANT STOP. Vicious cycle.

    He knows the sell off and crash thats coming if he does.

    Its surreal whats been done to prop up this Presidents destructive economic policies. It should be criminal.
    still not understanding your perspective
    if the money is on the sidelines and not IN the economy, then how can it be found IN the markets, as you have presented?
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by Helix View Post
    will do. thanks for the tip. i'm considering all of my options now that i have received indications that my job might be a bit more secure than i had thought. unfettered access to my savings isn't worth the money i'm losing in interest.
    If you have your Vanguard account linked to your bank account you can sell some of your shares and have the money wired to your bank account very quickly. You have almost immediate access to your money.

    Check out that option if you go with Vanguard.

    Vanguard is the worlds largest pure, no load, mutual fund. It manages assets of about $2.0 trillion.

    Vanguard is owned by the funds that it manages, and as a result, it is owned by the investors in the funds (Similar to the way that a Credit Union works.).

    Start learning about Vanguard: http://en.wikipedia.org/wiki/The_Vanguard_Group



    "Reasonable people adapt themselves to the world. Unreasonable people attempt to adat the world to themselves. All progress, therefore, depends on unreasonable people." ~ George Bernard Shaw
    Last edited by shrubnose; 03-22-13 at 01:37 PM.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by Fenton View Post
    This is what Liberals refuse to accept, that Bernakes actions and Obama's data manipulation is going to equal up to a lot of pain the next time a grown up is elected as President



    Who is that 'grown up' going to be?

    Someone like Mitt Romney, eh?

    Give me a frickin' break.

    The far right losers in the GOP are dragging the GOP to the edge of the Taliban-like evangelical's Flat Earth.

    The GOP will be mighty lucky if it isn't reduced to a minor, regional, party in the not-distant future by the massive demographic change that cost it the last election.

    Don't think so?

    Wait and see.

    No one can stop time and/or change.

    Deal with it.

    Have a nice day.

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    Re: Forget Cyprus, Nobody Is Stealing from Depositors More than Bernanke

    Quote Originally Posted by shrubnose View Post
    Show us the proof.

    If you do have proof, pass it on to the FBI at FBI Homepage.

    If you don't have proof, you're just running your mouth.



    "Reasonable people adapt themselves to the world. Unreasonable people attempt to adapt the world to themselves. All progress, therefore, depends on unreasonable people." ~ George Bernard Shaw
    I never said he was doing anything illegal. Bernanke and the federal reserve give banks near zero interest loans at the expense of the taxpayer, so that those same banks can loan to the taxpayers at 6%. It's theft, plain and simple. If you don't understand the federal reserve system, you should read up on it and come back.
    Quote Originally Posted by LowDown View Post
    I've got to say that it is shadenfreudalicious to see the rich and famous fucquewads on the coast suffering from the fires.

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