Fed Reserve Fails to Reflate the US Banking System

Great thing is giant banks will never fail and never have to perform. No need for big bankers to even try. Just get on that federal welfare.

Fake… you can see the strings

Holy crap!

These are the lowest rates we will see for a generation. BUT, you must be able to maintain payments for at least 5 years, no matter what.

You have a job, friends, and family. You are right not to give them up – that kind of invisible wealth is pure gold in hard times.

Seriously, get out of as much debt as you can – especially credit card (and other hgh-interest) debt. Consolidate your debt, and get it on a low-interest account. See if you can renegoitate payment terms.

I meant an escalating level of inflation, tyopping off at 20%, measured on a yearly basis. For example, inflation at 12% in 2015 (say), 15% at 2016, topping at 20% at 2018 before falling to lower (but still historically high) levels of yearly inflation.

If you can’t afford to pay off your house immediately… hmmm. IF you are financially rock solid, I recommend that you renegotiate your loan, to lock in todays low rates for as long as you can.

Why I’m not moving?

1. I’m broke and in debt.

2. My family, friends, and job are here. I have none of those outside of the U.S.

3. It’s the same stuff everywhere, or even worse!

4. 4xtech said in an earlier post, “Obama will wave his magic wand and make it all better” and I’m steadfastly pinning all of my hopes and dreams on that.

When you say 20% a year, how is that measured? I’m not sure what you mean by it. And, do you have any words of advice for those who can’t afford to pay off their houses?

Socialize it and run a Welfare State?

usa and the world should do what canada did to their banks long ago. we got the #1 banking system int the world right now

we dont even got a recession. we only lost steel jobs and car jobs thats it. we are stable.

the united states should do the same

Its a graph of “emergency” credit that Banks who are in trouble can get courtesy of the Fed. Kinda like mooching $4 from your Rich Uncle when your in a pinch. You can go to the research.stlousfed.orgwebsite to see.

what is this a graph of??? money supply? it does not look quite right. is m2 really that bad? I remember looking up some graphs but it wasn’t that bad — but still bad enough. anyway its about time we audit the fed! maybe get rid of them.

Perhaps not as liquid (but maybe also not true if they shut down the exchanges for example);

ask yourself, have you ever tried to stop robbers with a gun store receipt? Me, I prefer the gun.

I believe that is an illustration made for the Panic of 1873 which resembles our current situation more then the Great Depression

Or even better, added to the end of the video.

Adjusted for inflation.
itulip com/images/fedborrowCPI.gif

Maybe this should be posted in the info section of the video.

That is correct, $30 billion max in 2008 dollars previous borrowing vs $700 billion 2008 dollars in 2008. If you inflation adjust the scale appears the same, so does not add anything to our point, plus this way we get to use the Fed’s own charts. (They do not inflation-adjust.)

So inflation wise in the 1930s $1 dollar is around $13 dollars today, so no more than $16 billion was borrowed. In the 1980s inflation wise it’s around 2.5x. Correct me if I’m wrong as I’m a bit out of it today, but @ our peak, including inflation, no more than around 30ish billion (being generous) has ever been borrowed before.

At the most I believe you times any 30s era onwards by 12 to negate inflation. And thats 70 years ago. By the 80’s it’s probably much less.

The great fall of the 21st century paradoxically has a beautiful soundtrack.

We tried it. It doesn’t make much difference. A 2x inflation in a 80x scale is noise.

Yawn. Adjusted for inflation?

Buying bullion right now would be the most stupid thing you could do. Almost as stupid as buying real estate. Stocks can be traded easily at any time. Bullion isn’t as liquid.

who said anything about gold etfs or stocks?

I said BULLION.

again. in slow motion this time:

B U L L I O N.

got it?

I beg to differ…
‘if you think central banks know what they’re doing…’
I know they know EXACTLY what they’re doing!!

good music choice for the vid. wow we might be pretty fooked i guess