The Federal Reserve announced a further expansion of their Quantitative Easing program today. The Federal Reserve has been enabling the theft of American purchasing power since it's inception, it worries me nobody seems to notice or care.
The money they are passing out to their banker friends (and whomever else is on the take) is counterfeit. When this money is finally spent (or lent) into our economy and "we the people" begin to handle & pass it around we will begin to see inflating prices. This will reveal our pathetic reality, that our spending power has yet again been stolen & re-distributed to a select few.
You cannot increase claims on goods/services AND expect flat prices without equally increasing the production of said goods/services. There can be no jobless recovery, this all defies all economic logic. This is why I'm saying America is fundamentally bankrupt and therefore a nation of money printing crony capitalists.
The government should only be expanding our money supply if the difference is being spent on growth producing (productive) ventures. Growing the bloat of our parasitic public sector is foolish! Why the hell is Obama adding government jobs instead of funding the revival of our private sector? This feels like the Twilight Zone to me, what a bad dream.
If you have a retirement fund, investments and/or savings you should be livid at this blatant confiscation of the spending power you worked for, earned & saved up! If you are living beyond your means, enjoy it while you can because I bet you won't escape the fallout of your foolish financial decisions.
Oh and don't blame me, I voted for Gary Johnson!
