Tuesday, November 09, 2010

THE CROWDING OUT OF THE PRIVATE ECONOMY

If you try to ever read something, and want to understand what THE FED AND DUPLICATE US GOV are doing to YOU, avg American, then you will read this MUST READ commentary.

DIFFERENCE BETWEEN QE1 and QE2 by Daniel Amerman

" The "2" in "QE2" implies that this is something that has been done before. This implication is dead wrong.

"QE2" is radically different – and radically more dangerous – than the risky games that were played with earlier "quantitative easings". The Fed's current actions are all too likely to go down into financial infamy, and this brief article is intended to warn readers about some of the key differences this time around. "

And the scenario for us is devestating! Our hard earned and SAVEd $'s and being REPLACED by $TRILLIONS of these NEW DOLLARS......in an attempt to FORCE YOU out of any "SAFE HAVEN" and INTO "RISKY ASSET CLASSES" like stocks.....OR the FED will DESTROY the VALUE of your savings and those of your parents and retired populace who so depend on interest income.

I can't say this strongly enough, this has gotten well beyond out of control, Congress is either duplicate with PRES and FED or this is too complicated and they havent a clue except maybe Ron or Rand Paul.

Above is best read so far, and I read TONS in explaining.....your OUTRAGE should be limit up

Duratek

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