Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts
----------------------------------------------------------------------------
http://www.sott.net/article/250592-Audit-of-the-Federal-Reserve-Reveals-16-Trillion-in-Secret-Bailouts$16 Trillion in Secret..................Bailouts!
===========================
If anyone else did that they would be guilty of the most extreme counterfeiting charges, and subject to the death penalty in the USA.
Of course China and it's own Central Bank has even outdone the Federal Reserve's $16 Trillion in Secret Bailouts since 2008 by creating and loaning out 23 Trillion dollars worth of Yuan, and all in just the last several years.
Guest Post: The $23 Trillion Credit Bubble In China Is Starting To Collapse – What Next?
http://www.zerohedge.com/news/2014-01-21/guest-post-23-trillion-credit-bubble-china-starting-collapse-%E2%80%93-what-next So China just blew the worlds largest debt bubble in all of human history. Of course they poured more concrete, it's claimed, in just the last three years or so, than the U.S.A. poured in the last century! Wow, that's a lot of concrete! So at least they have something to show for their Ten's of Trillion in DEBTS that will hold them all in debt bondage forever!
Where as here we just bailed out our top 1%, fully, after several years worth of Bubble 2.0, and all while forcing austerity onto almost everyone else both here and almost everywhere else across the world by force feeding them all huge amounts of Inflation.
But the Fed has nothing else to show for the Fed's 16+ Trillion in new debts.
And now, rather suddenly, the new lie is that it's... "deflation that we must worry about, because economies can run under deflation"? Bullshit. That dog don't hunt!
Japan has had Deflation for 21 years straight and it hasn't destroyed Japan, at all, in the least. That's just another fallacy that stupid/selfish inflation worshiping economists pulled out of their smelly butts so that they can steal by way of inflation peoples savings.
Monetary insanity can't last. It simply can't last. Not without triggering the worst, all over again.
It's all a monetary mirage that will, and already is crashing down.
Contemporary Economic Theories of every known type are grossly flawed and inaccurate. Every one of them!
Iit's way past time some bright Phd's and MBA's come up with something that is long term sustainable.
Obviously these cartels of central bankers and all their 'best & brightest' haven't been up to that task for eons so far.
And after all, their merely schemers and swindlers, and economic slave drivers, and not even the least bit smart at that either.
It's a coin toss between who will lead the world off the financial cliffs next:
===============================================
1. Europe
2. China
3. Japan
4. The UK
5. The USA
6. Canada
7. Australia
8. Another Country
As soon as the next serious monetary mistake is had, or the next major financial crisis occurs that cannot be quickly and fully hushed up, and buried secretly (counterfeited over), well that's the point in time that it's suddenly September 2008 squared, financially speaking. Every banker and professional trader knows that. And it's why the central bankers have been busy doing all sorts of secret things...
So, does anyone care to be holding any central bankers favorite PHONY currencies after the dust settles from the after affects of all that?? I didn't think so!
NEVER AGAIN.
=========