Thursday, September 13, 2012

Bernanke Screws the Pooch! Welcome to the Idiocracy

Stolen from a commenter at ZeroHedge. It's great.

new Count de Money
Count de Money's picture
"Since everything we tried hasn't worked up to this point, the obvious solution is to do more of what hasn't worked." Asshole.


Tinfoil hat wearers rejoice! Bernanke has officially screwed the pooch, economically ruining this country. There is no going back. http://www.zerohedge.com/news/bernanke-unleashes-path-new-all-time-highs-precious-metals

QE3, or QE4 if you include Operation Twist, is the last ditch effort by the central bank to undo what it has already done. It has ruined the world's economies. We are all drowning in a sea debt.

This is the final countdown to hyperinflation. If you have not gotten your precious metals now- you will have nothing to barter with. You will have no wealth. Precious metals will not be getting cheaper. They are the counterweight to a currency that continues to lose value. They can only go up in value relative to worthless dollars. Precious metals ARE MONEY.

For years I have been on this site saying that economically, the world is toast. M.I.T. genius, Ben Shalom Bernanke, has finally admitted that the only course of action left for the FED (which is desperately clinging to survival) is to counterfeit and print currency. This is the stall tactic that has been employed for four years while our debt pile continues to grow. It can't and won't work. It can only get worse. At some point, all those trillions in debt simply won't be paid. That's called a default.

The only way out- was the Iceland way out. But our bought and paid for cowardly politicians- just couldn't find a way to let banks dissolve. Now we shall all dissolve together.


3 comments:

Anonymous said...

It's not Ben Shalom Bernanke, it's BS Bernanke. Ah, now it begins to make sense!

Anonymous said...

THAT IS TYPICAL OF THIS ADMINSTRATION. IT IT WORKS BREAK IT, IF IT DOESN'T WORK DO IT OVER AND OVER AGAIN IT'S BOUND TO WORK MAYBE. THIS WHOLE FUCKING ADMINISTRATION NEEDS TO BE THROWN OUT ON THEIR ASSES.

Anonymous said...

Damn Right! Now look at the fiasco they unleashed in the ME!!! <:{(>

AE