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Thread: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

  1. #11
    Iridium Spectrism's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Can anyone explain how any money gets to private citizens? You know.... the little people?
    SPECTRISM time is almostout

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    Platinum Golden's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Quote Originally Posted by Spectrism View Post
    Can anyone explain how any money gets to private citizens? You know.... the little people?
    Can you please explain?
    A strange game. The only winning move is not to play. How about a nice game of chess?

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    Great Value Carrots Libertarian_Guard's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!


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    Electrum Errosion Of Accord's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Quote Originally Posted by Spectrism View Post
    Can anyone explain how any money gets to private citizens? You know.... the little people?
    I know you've been around long enough to know the answer here Spec. Treasury buys dollars from Fed, at interest, then gives dollars to welfare recipients. It's government sponsored bottom up growth.
    "Democracy is two wolves and a lamb voting on what to have for dinner. A republic is a well-armed lamb contesting the outcome." --(Attributed to) Benjamin Franklin

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    Gold VX1's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Quote Originally Posted by Spectrism View Post
    Can anyone explain how any money gets to private citizens? You know.... the little people?
    "Earned" income tax credits!

    ('cept they gotta make you poor enough to qualify for 'em first)
    “It doesn’t matter how they did 911. It only matters that they lied about it.”

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    Unobtanium osoab's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Quote Originally Posted by Spectrism View Post
    Can anyone explain how any money gets to private citizens? You know.... the little people?

    It doesn't. Little people don't matter.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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    Great Value Carrots Libertarian_Guard's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!


  8. #18
    DMac
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Quote Originally Posted by Errosion Of Accord View Post
    I know you've been around long enough to know the answer here Spec. Treasury buys dollars from Fed, at interest, then gives dollars to corporate (bank) welfare recipients. It's government sponsored top down annihilation.
    fify

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  10. #19
    Iridium Spectrism's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Let's think about what they say they are doing. The fed buys up Fanni & Freddie mortgages. The concept is that it frees them up to lend more. Who is borrowing? Nobody. When Fannie & Freddie get their payoffs, where does that money go? Bonuses.

    So how long will it take for Max Silversteiniewicz to spend enough money for you to realize one dime?

    What I am getting at is to be careful of the hype. This house of cards market will tumble down because it is unsustainable. Prices depend on buyers. People without money are not buyers.

    Take an infinitly long very flexible rope- and call it QE-infinity. Show me how high you can push that rope into the sky.

    If you want to push on a rope, you need external guides and narrow channels. Think about what that means.
    SPECTRISM time is almostout

  11. #20
    Great Value Carrots Libertarian_Guard's Avatar
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    Re: QE3 is on! Open ended stimulus to infinity! Gold pops higher!!!

    Bernanke

    Blah, blah, blah.......

    He's good at talking in circles, and will continue to kill the usd. His only real hope is for all other governments to do the same to their currency as well. But sooner or later someone, or a group of countries will break ranks and establish something akin to a more stable currency. The beggar thy neighbor game will someday end.

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