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HelicopterOff Topics News & Politics › The Single Chart That Should Force The Fed Out Of Business
01-27-2013 08:24 PM  4 years agoPost 1
ILIKE'M

rrNovice

Texas

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Daily Bail
January 26, 2013

Inflation is the Fed’s 100 year legacy.

Behold the chart that, in a more just and sane world, would force Bernanke and Krugman to retire and drive the Fed out of business. Consumer prices are now 30 times higher than when the Fed was created in 1913.

Watch at YouTube

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01-28-2013 01:54 AM  4 years agoPost 2
InvertedDude

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USA

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ILIKE'M

Around 63% of typical American voters are beyond stupid and do not give a HOOT on election day.

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01-28-2013 03:27 AM  4 years agoPost 3
drdot

rrElite Veteran

So. California, Orange County.

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fwiw..

Geez..I did not know Michael Mann was an economist,too!

BC

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01-28-2013 04:05 AM  4 years agoPost 4
baby uh1

rrVeteran

St. James, Mo.

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The people are too stupid to realize that inflation is the fed's real tax on us all! The rest is just a dog and pony show.

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01-28-2013 04:18 AM  4 years agoPost 5
drdot

rrElite Veteran

So. California, Orange County.

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fwiw..

Baby uh, glad you mentioned that...Just went to get groceries with the wife; We paid $8.99 for a rotisserie chicken...Two weeks ago , same product, same store....$4.99...

BC

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01-28-2013 06:01 AM  4 years agoPost 6
Metalizer

rrApprentice

Canton, Ohio

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They have made it to were's, (ya have ta) to stay ahead of the game, you have to gamble your savings.

Count me in on being a idiot. I had no idea that the lords of england still own our a$$'s. They just didn't teach us this stuff in school.

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01-28-2013 06:14 AM  4 years agoPost 7
Metalizer

rrApprentice

Canton, Ohio

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Just went to get groceries with the wife; We paid $8.99 for a rotisserie chicken...Two weeks ago , same product, same store....$4.99...
Wait till fall's end of the feds bail out money tree. Bread and a pack of bologna. $9.99 Wall Street Bankers and WalMart are still getting Crazy Money. Who Cares?

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01-28-2013 06:50 AM  4 years agoPost 8
Metalizer

rrApprentice

Canton, Ohio

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How much longer till the real big bang?

Inflation out pacing the paycheck.

Fast Edie's Easy Money

Energy and Food Company's manipulating the market by subsidizing the poor more and more and then some, so inflation can move ahead and charge more for their product and get away with it. Must make share holders happy.

Gota keep the losers in check with mo free chit.

What happen to interest on savings?

Just think if we could shut off the free chit, how cheep Chit would be.

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01-28-2013 07:03 AM  4 years agoPost 9
Dennis (RIP)

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Oregon

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Inflation out pacing the paycheck.
When combined with the devaluation of the dollar, thats been happening for a very long time.
Energy and Food Company's manipulating the market by subsidizing the poor more and more and then some, so they can charge more for their product and get away with it. Must make share holders happy.
JFI: The government subsidizes the poor through food stamps. Not the Energy and Food Company's.
Just think if we could shut off the free chit, how cheep Chit would be.
Never happen for a few generations. The "Free Sh#t Society" reins for the time being.

November 6th should be proof of that.

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01-28-2013 07:13 AM  4 years agoPost 10
Metalizer

rrApprentice

Canton, Ohio

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JFI: The government subsidizes the poor through food stamps. Not the Energy and Food Company's.
Do you real believe that?

If it was a TRUE FREE market where all had a steak in it, the cost of living would be much more stable.

One third of US people (guesstimation) are on some kind of heat assistance. If they cut the heat subsidies out, what do you think would happen?

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01-28-2013 07:20 AM  4 years agoPost 11
Dennis (RIP)

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Oregon

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Do you real believe that?
Yes, the government passes out food stamps at tax payer costs, the food industry gets the food stamps in exchange for food and whatever. That same food industry pays taxes on its sales.

Its a win, win for the government and a dead loss for the tax payers helping some needy. But, mostly the lazy who are trapped in the government free tit.
If it was a TRUE FREE market where all had a steak, the cost of living would be much more stable.
There is no such thing as a "True Free Market"

Unless you are a democrat.
One third of US people (guesstiment) are on some kind of heat assistance. If they cut the heat subsidies out, what do you think would happen?
Some might get very cold.

Most would figure out a way. Its called survival.

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01-28-2013 12:32 PM  4 years agoPost 12
baby uh1

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St. James, Mo.

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Prices will never go down unless the government quits taxing the dollar by printing money! That is what devalues our money and is exactly how they get to your savings without passing a tax law. This way they steal your money without asking permission first!

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01-28-2013 12:34 PM  4 years agoPost 13
baby uh1

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St. James, Mo.

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The ability to print money at will is a license to steal from us all and needs to be stopped if we ever want to get back to properity!

And BTW there is no free market as long as the government is involved, that is why healthcare is so expensive and will soon be unavailable to most.

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01-28-2013 01:48 PM  4 years agoPost 14
Dusty1000

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Glasgow, U.K.

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Prices will never go down unless the government quits taxing the dollar by printing money!
But the US money supply shrank when Obama took office.

In any case, most of the US money supply has been created by the commercial banks, not by your government.
Since August 2008, the month before Lehman Brothers collapsed, the supply of publicly-produced base money has more than tripled, while privately-produced money shrunk by 12.5% — resulting in a decline in the total money supply (M4) of almost 2%. In consequence, the share of the total broad money supply accounted for by the Fed has jumped from 5% in August 2008 to 15% today.

http://www.cato.org/publications/co...y-supply-stupid

So you need to direct 85% of your outrage at the banks, and only 15% at your government.

Dusty

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01-28-2013 01:51 PM  4 years agoPost 15
baby uh1

rrVeteran

St. James, Mo.

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My government gave them the power to screw with the money supply in the first place.
They need to take it back!

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01-28-2013 02:04 PM  4 years agoPost 16
Dusty1000

rrApprentice

Glasgow, U.K.

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Indeed. My government gave the banks the power to create money in 1666. If your government took the power to create money back from the banks, as per your constitution ''congress shall coin money and regulate the value thereof,'' you could expect up to 10% growth with 0% inflation.

https://rc.runryder.com/helicopter/t708585p1/

This idea is gaining ground. It now has it's own wiki page.

http://en.wikipedia.org/wiki/The_Chicago_Plan_Revisited

Dusty

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01-28-2013 02:57 PM  4 years agoPost 17
SSN Pru

rrElite Veteran

Taxachusetts

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fwiw

The free chit crowd is reproducing at a much faster rate than the work for your chit crowd!

Stupidity can be cured. Ignorance is for life!

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01-28-2013 03:00 PM  4 years agoPost 18
Dennis (RIP)

rrApprentice

Oregon

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The free chit crowd is reproducing at a much faster rate than the work for your chit crowd!
Thats official and unsustainable as of November 6th.

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01-28-2013 03:46 PM  4 years agoPost 19
Metalizer

rrApprentice

Canton, Ohio

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One the other hand, having this congress control our money supply is scary to say the least.
Not sure that's in our best interest.

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01-28-2013 04:17 PM  4 years agoPost 20
nitro fun

rrApprentice

Oc ca

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Someone should send Obama a roll of duct tape to patch up all the holes of the federal government from bleeding money

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HelicopterOff Topics News & Politics › The Single Chart That Should Force The Fed Out Of Business
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