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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Tedim on July 11, 2013, 07:35:51 AM

Title: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 11, 2013, 07:35:51 AM
stimulus measures for the foreseeable future. AKA forever and ever and ever AMEN.

Told you....you know who you are, whom I'm addressing.

http://www.cnbc.com/id/100879524
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: GigantorX on July 11, 2013, 09:05:19 AM
stimulus measures for the foreseeable future. AKA forever and ever and ever AMEN.

Told you....you know who you are, whom I'm addressing.

http://www.cnbc.com/id/100879524

Can't go back now. The structural real economy has already been totally destroyed, this is all just fluff.

Funny thing is, rates are rising now with the 10yr at 2.5-2.75. We could be looking at them double in to 3% since May. Rates want to rise and they will, I don't think Capt. Ben can really do anything about it now. He has lost control.

All he can do is plead with the investors/banks/financial institutions to keep up the stock bubble for as long as possible. That's what his little talk was about, telling the swine that the free money will keep flowing to the trough. The underlying numbers on the economy and the economy itself are pretty bleak and nasty...they can't support a rally, but free money can.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 11, 2013, 07:23:25 PM
Can't go back now. The structural real economy has already been totally destroyed, this is all just fluff.

Funny thing is, rates are rising now with the 10yr at 2.5-2.75. We could be looking at them double in to 3% since May. Rates want to rise and they will, I don't think Capt. Ben can really do anything about it now. He has lost control.

All he can do is plead with the investors/banks/financial institutions to keep up the stock bubble for as long as possible. That's what his little talk was about, telling the swine that the free money will keep flowing to the trough. The underlying numbers on the economy and the economy itself are pretty bleak and nasty...they can't support a rally, but free money can.

When this thing blows....it will be a true financial singularity. We get to see the end of keynesian economics as a viable philosophy.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: tonymctones on July 11, 2013, 07:31:40 PM
isnt this exactly what I said and you tried to jump my ass about?

LMFAO
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 11, 2013, 07:36:44 PM
isnt this exactly what I said and you tried to jump my ass about?

LMFAO

Don't pussy out...you said it's (economy) getting better and used Bens BS speech as proof the pump will end soon...when I jumped your **** about it. Don't squirm out now....just say Yes Ted, I'm sorry Ted you were right. Lol

Or must I taunt you a second time.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 11, 2013, 07:37:57 PM
I will learn you my young analcyst.... ;D
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: tonymctones on July 11, 2013, 07:55:13 PM
Don't pussy out...you said it's (economy) getting better and used Bens BS speech as proof the pump will end soon...when I jumped your **** about it. Don't squirm out now....just say Yes Ted, I'm sorry Ted you were right. Lol

Or must I taunt you a second time.
I said the economy is slowly getting better and it is, whether you want to believe it or not.

I also said that what Ben meant was when the economy got to a certain point they will begin to tapper...WHICH IS EXACTLY WHAT WAS SAID AGAIN.

I never put a time frame on when it would happen only that it would be preceded by a better economic scenario and outlook.

Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 14, 2013, 09:01:00 PM
I said the economy is slowly getting better and it is, whether you want to believe it or not.

I also said that what Ben meant was when the economy got to a certain point they will begin to tapper...WHICH IS EXACTLY WHAT WAS SAID AGAIN.

I never put a time frame on when it would happen only that it would be preceded by a better economic scenario and outlook.



It isn't.  Otherwise, all of the monetizing would not be needed to continue.  Not only will it continue, it will be increased at some point.  Additionally, the unemployment rate, if measured as it was previously by BLS computations,  is really 23.4%.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: GigantorX on July 15, 2013, 07:37:36 AM
It isn't.  Otherwise, all of the monetizing would not be needed to continue.  Not only will it continue, it will be increased at some point.  Additionally, the unemployment rate, if measured as it was previously by BLS computations,  is really 23.4%.

It's the classic case of "Watch what they do, not what they say."
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: tonymctones on July 15, 2013, 04:57:28 PM
It isn't.  Otherwise, all of the monetizing would not be needed to continue.  Not only will it continue, it will be increased at some point.  Additionally, the unemployment rate, if measured as it was previously by BLS computations,  is really 23.4%.
no sir, simply b/c someone is recovering from a sickness doesnt mean they dont need to continue their recommended dosage of medicine.

The economy is slowly getting better, it is still a long way off being in good shape but to continue to say it isnt getting better at all is disingenious.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 15, 2013, 09:22:53 PM
no sir, simply b/c someone is recovering from a sickness doesnt mean they dont need to continue their recommended dosage of medicine.

The economy is slowly getting better, it is still a long way off being in good shape but to continue to say it isnt getting better at all is disingenious.

The patient in this case, being the economy, will need more and more medicine (stimulus), with diminishing benefits.  Sorry to burst your bubble, but your patient is terminal.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: 24KT on July 16, 2013, 11:04:23 AM
The patient in this case, being the economy, will need more and more medicine (stimulus), with diminishing benefits.  Sorry to burst your bubble, but your patient is terminal.

LOL, His bubble ain't burst yet, ...but it's gonna, ...and when it does... KABOOM!

Those who've positioned themselves properly for the upcoming storm will be singing & dancing in the rain!
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: loco on July 16, 2013, 11:36:25 AM
Those who've positioned themselves properly for the upcoming storm will be singing & dancing in the rain!

Translation:  Buy BS products from 24KT/JaguarEnterprises.

Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: 24KT on July 16, 2013, 12:05:10 PM
stimulus measures for the foreseeable future. AKA forever and ever and ever AMEN.

Told you....you know who you are, whom I'm addressing.

http://www.cnbc.com/id/100879524

Anyone who thinks Bernanke isn't going to print forever is living a pipe dream.

There is no exit strategy for the FED.

And those who think the fed can solve this problem will be in the same position the Fed is.
To quote Mike Maloney & Robert Kiyosaki... "They will be $#|T out of Luck!
Up $#|T creek without a paddle, in a barbed wire canoe...FVCKED!!!"


Have a Golden Day!!!
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Archer77 on July 16, 2013, 01:02:14 PM
If the world goes to shit youll end up with a lot of gold bars but no food .  You have no appreciable skills for survival.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: 24KT on July 16, 2013, 01:24:19 PM
If the world goes to shit youll end up with a lot of gold bars but no food .  You have no appreciable skills for survival.

Says who?

The world will keep on turning. And those of us who have prepared will continue on, ...living a glorious life of abundance.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Archer77 on July 16, 2013, 01:28:53 PM
Says who?

The world will keep on turning. And those of us who have prepared will continue on, ...living a glorious life of abundance.

It's foolishly presumptuous to assume the world will transition to a gold based economy after a collapse.  What's more likely is a switch to a barter system.  People will be more concern with acquiring basic goods not collecting worthless gold.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: 24KT on July 16, 2013, 01:41:30 PM
It's foolishly presumptuous to assume the world will transition to a gold based economy after a collapse.  What's more likely is a switch to a barter system.  People will be more concern with acquiring basic goods not collecting worthless gold.

Maslow's hierarchy.

Only those in need of basic goods/necessities will be concerned with the acquisition of basic goods/necessities.

Those operating on a different level will be focussing on that different level.

Gold is the money of Kings & Queens,
Silver is the money of Aristocracy
Barter is the money of peasants
Debt is the money of slaves.

Your country... founded on & firmly rooted in slavery will soon find itself enslaved to the rest of the world.
So... you keep cheering as Bernanke & the Fed enslave the American public... printing up debt for your children and grandchildren to come.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Archer77 on July 16, 2013, 01:44:12 PM
Maslow's hierarchy.

Only those in need of basic goods/necessities will be concerned with the acquisition of basic goods/necessities.

Those operating on a different level will be focussing on that different level.

Gold is the money of Kings & Queens,
Silver is the money of Aristocracy
Barter is the money of peasants
Debt is the money of slaves.

Your country... founded on & firmly rooted in slavery will soon find itself enslaved to the rest of the world.
So... you keep cheering as Bernanke & the Fed enslave the American public... printing up debt for your children and grandchildren to come.


That's not really an argument.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: 24KT on July 16, 2013, 02:23:03 PM
That's not really an argument.

I'm not looking to argue. I state what I believe. You're welcome to view a different perspective... or not,
however, I'm confident enough in my own position to allow you the freedom to be wrong.

I live in Canada, ...where difference of opinion is allowed, and people are free to disagree.
We let the zealots who demand consensus and the persecution of heretics congregate south of our border.  ;)

(http://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-prn1/1012324_504848046251357_1682984859_n.jpg)
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 16, 2013, 04:24:22 PM
It's foolishly presumptuous to assume the world will transition to a gold based economy after a collapse.  What's more likely is a switch to a barter system.  People will be more concern with acquiring basic goods not collecting worthless gold.

Gold will be far from worthless.  Both gold and silver will hit heights never seen before.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 16, 2013, 04:33:18 PM
Maslow's hierarchy.

Only those in need of basic goods/necessities will be concerned with the acquisition of basic goods/necessities.

Those operating on a different level will be focussing on that different level.

Gold is the money of Kings & Queens,
Silver is the money of Aristocracy
Barter is the money of peasants
Debt is the money of slaves.

Your country... founded on & firmly rooted in slavery will soon find itself enslaved to the rest of the world.
So... you keep cheering as Bernanke & the Fed enslave the American public... printing up debt for your children and grandchildren to come.


This.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: tonymctones on July 16, 2013, 04:53:31 PM
The patient in this case, being the economy, will need more and more medicine (stimulus), with diminishing benefits.  Sorry to burst your bubble, but your patient is terminal.
Gold will be far from worthless.  Both gold and silver will hit heights never seen before.
Don't even need to respond, ill just post your ignorance as proof
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 16, 2013, 05:02:20 PM
Don't even need to respond, ill just post your ignorance as proof

Ignorance is you believing that they will not......by 2016 I predict Gold will surpass its high of 1900 provided the fed keeps pumping. If they stop I cannot imagine the asset deflation it will cause.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 16, 2013, 05:26:05 PM
Ignorance is you believing that they will not......by 2016 I predict Gold will surpass its high of 1900 provided the fed keeps pumping. If they stop I cannot imagine the asset deflation it will cause.

Exactly.  The Fed has no exit strategy and will continue the QE, for sure.  Let the inflation begin.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 16, 2013, 06:10:27 PM
If the world goes to shit youll end up with a lot of gold bars but no food .  You have no appreciable skills for survival.

What makes you think that a prudent person would buy gold at the expense of having any stored food?  It's not an either / or scenario. 
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 16, 2013, 06:16:59 PM
Security, guns and ammo, food, medicine....physical stores of wealth. In that order.

But that's for EMP or Yellowstone super volcano... :o ;D................not a financial crisis, unless 8)

Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: GigantorX on July 17, 2013, 08:01:40 AM
Housing took it on the chin today....but Uncle Ben is speaking so no one will notice.

All the markets want to hear is if the free money will keep flowing, that's it. The last time the taper was even discussed the banks/Financial institutions made sure to let been know they are displeased with his actions and in turn tanked the markets. Ben works for the banks so you know how this will go.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Archer77 on July 17, 2013, 08:08:14 AM
What makes you think that a prudent person would buy gold at the expense of having any stored food?  It's not an either / or scenario. 

I'm referring to 24k.  The smarter people would.  But a starving population will need the food first.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: GigantorX on July 17, 2013, 08:17:36 AM
I'm referring to 24k.  The smarter people would.  But a starving population will need the food first.

Defense, food, skills. Those are what will matter in the event of a total and complete collapse. If there is simply a breakdown in the economy and dislocation, well, everything will become local. Local farms, local defense, local economies.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 17, 2013, 08:25:34 AM
I'm referring to 24k.  The smarter people would.  But a starving population will need the food first.

"You can always hire half the poor, to kill the other half."

That's why wealth is wealth even during starvation.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 17, 2013, 08:29:29 AM
Defense, food, skills. Those are what will matter in the event of a total and complete collapse. If there is simply a breakdown in the economy and dislocation, well, everything will become local. Local farms, local defense, local economies.

This....read on post Soviet collapse of Russia...it's not Road Warrior like, and their shift was political as well as economic. Here we will see a financial collapse not a societal one.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Mr.1derful on July 17, 2013, 08:41:52 PM
Get ready for, Peter Schiff was Right II
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 18, 2013, 07:39:10 AM
Stocks extend gains; Dow, S&P 500 set all-time highs

http://www.cnbc.com/id/100896187

......morbid curiosity accompanied by a double vodka cocktail at some yuppie broker bar, thats where I'll be when it implodes.
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: GigantorX on July 18, 2013, 09:02:45 AM
"....if we were tighten (monetary) policy, the economy will tank."


7/17/2013
Ben Bernanke
Chairman of the Federal Reserve
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Emmortal on July 18, 2013, 11:26:10 AM
"....if we were tighten (monetary) policy, the economy will tank."


7/17/2013
Ben Bernanke
Chairman of the Federal Reserve



2007 - "The subprime mess is grave but largely contained"
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Tedim on July 18, 2013, 12:12:12 PM

2007 - "The subprime mess is grave but largely contained"

"It takes about two and a half percent growth just to keep unemployment stable."

Ben Bernanke

and my favorite......

"I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour."
Title: Re: Fed Chairman Ben Bernanke emphasized the central bank intends to keep its
Post by: Chadwick The Beta on July 18, 2013, 04:00:04 PM
I'm not looking to argue. I state what I believe. You're welcome to view a different perspective... or not,
however, I'm confident enough in my own position to allow you the freedom to be wrong.

I live in Canada, ...where difference of opinion is allowed, and people are free to disagree.
We let the zealots who demand consensus and the persecution of heretics congregate south of our border.  ;)

(http://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-prn1/1012324_504848046251357_1682984859_n.jpg)

hardly...

very restrictive speech codes...can't call a spade a spade or a queer a queer

rofl at "we let...

get it through your head...Canada doesn't "let" or "not let" anything happen that the USA doesn't approve of first

hope this helps