Bob Chapman's Friday Report 4/01/11: The Road of Inflation Will Only End in Tears 2/2

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Uploaded by on Apr 1, 2011

Cycles of booms and busts are planned, unpayable debts in many nations, we predicted the demise of the bond market months ago, Ron Paul looks at bogus CPI and PPI stats, world problems affect us here, recent low for the US dollar, near misses at leaky nuclear plant at home at Indian Point, a brutal labor war being waged in Wisconsin. Cycles and booms and busts just don't happen. They are planned that way. In the late 1990s Fed Chairman Alan Greenspan commented on irrational exuberance and said he hoped the market would cool down. The amount of money and credit he had introduced into the system had a great deal to do with a forming of a bubble. He indicated that on the short-term there was little he could do about it, when all he had to do was raise margin requirements from 50% to 60% temporarily. We wrote about the solution as a coupe of other writers did, but no one really wanted to take away the dotcom punchbowl. In late March of 2000 the market began its collapse. We removed our subscribers out of the market in the first week of April, as did Joe Granville, a friend and one of the best market timers ever.

Sir Alan Greenspan spent almost 20 years serving his masters who own the Federal Reserve, JPMorgan Chase, Goldman Sachs, Citigroup and many more. The Fed has no independence -- it takes orders from these banks and brokerage houses. This same group controls Congress by paying off 95% of the representatives and senators via campaign contributions and via lobbying. Thus, with the assistance of the Fed, Wall Street and banking, they not only control money, supply, credit, interest rates and Washington, but they control our entire economic and financial scene and the lives of every American. Booms and bubbles can be blamed on politicians, but the real culprits behind the scenes are Wall Street and banking in which we spent 29 years of our lives and for many of those years owned our own firm. If you do not know and understand these realities you should not be an investor or a financial and economic journalist. Our whole existence as a nation is controlled from behind the scenes by parsonages and groups most people have never heard of. All of what you see just didn't happen; it was planned that way. People must understand that creating money out of thin air to fund astronomical deficits has to end in failure and ruin. We are now in an inflationary depression that will probably graduate into hyperinflation and then descend into a deflationary depression. This is what these elitists have done for centuries and have more often than not gotten away with it. This time it will be different.
http://theinternationalforecaster.com

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  • Iceland didn't bail out their banksters...

    and their economy is slowly improving.

    Icelander's have balls of ice.

  • Poland is not in monetary union. That's why it wasn't affected by the crisis so much.

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All Comments (78)

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  • @frickadele Black and brown people murder each other in the most hideous ways. Sure, white people are more efficient at it but, I guess it's really intelligence that you hate.

  • @annboylyn Correction : they killed them in that airplane accident ( which video kept being re-posted on youtube)

  • @alfiskoxp They took out the Poland government.

  • Alex has purple bones?

  • Germans Hitler.. first murdered civilians using aircraft : Guernica..Spain 1937. Then Hitler murdered 40,000 civillians in the 1940 bliz on London's east end. Then he killed London people with dodle bug rockets..then in December 1940..Hitler fired 1,800 V2 Rockets at London...they killed in a random way about 9,000 men, women and children..Winston Churchill..hit back hard ..measure for measure..War has not been a friend of Germany..''invictus pax''

  • @freediver57 And PORTUGAL.

  • England provoked Germany.

    England and the USA...

    always start fights...

    and try to end them.

    At any cost.

    These white english speaking people...

    are the dog shits of the world.

    Always have been...always will be.

  • Germany has a good chance to avoid a collapse if they will leave the EU and Euro. Bailing out countries like Italy, Greece and Spain is not a fair.

  • @bornbythesea

    Bingo

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