Bernanke: Stimulus appropriate
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Throwing money at a problem with no oversight is an exteremly bad idea.
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Bernanke should not be an advocate for FISCAL policy. becuz its a HORRIBLE idea.
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The Federal Reserve should not even exist and all any of this intervention will do is make this coming depression more severe and longer lasting. If people like Bernanke were right then Zimbabwe would be the wealthiest nation on earth.
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Correct.
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We are so fucked.
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What we need is credit to buy houses, credit to refinance houses, credit to build houses thats hower are going to create employment, ...why these asshole and giving money without control I dont understand!! and now credit is more restricted to everybody!
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People must be ready to slowly lose their freedoms slowly as more power is given to the Federal Government , using the treasury to control our lives.
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The new term for Bailout is Stimulus.
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Bush, Bernanke and Paulson have laid the foundation for Obama to make it easier for the Federal government to control financial markets, housing, car industry and banking. Since Federal treasury does not make money, all they do is print money and create inflation, increasing prices of all goods and services and will widen the poor and lessen the middle class. The rich like Warren Buffet will be protected because they are already in the system. value of the dollar will drop.
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we need to stabilize the dollar by setting its value to an amount of a stable commodity like gold.
In this deflationary environment, that means printing dollars and using those dollars to buy back US government debt. And there's ten trillion to buy back.
When things recover, and the value of the dollar starts to decrease below the set value of gold, we need to start to start selling that debt, which will take dollars out and keep us from deflating or inflating.
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End The Fed!
SyphonMedia 3 years ago 7
I wanna see him dead.
The Fed engineered this depression by lowering then raising interest rates. He says the measures taken must be careful as if it's a delicate procedure. Oppression doesn't promote prosperity. Freedom does. If rivals to the Fed were allowed to trade their wares (Liberty dollars, e-gold, whatever) we wouldn't be bound to these fucking thieves.
Kogerii 3 years ago 2