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Post by avordvet on May 12, 2013 4:44:00 GMT -5
Steve Forbes to Moneynews: Fed's QE Comparable to the TitanicFriday, 10 May 2013 02:02 PM, By Glenn J. Kalinoski and David Nelson "There's never been a time when the [Fed] has positively guided the economy. It's always a disaster when they try to guide the economy, and we see it here," he explained. "QE, or Titanic, whatever you want to call it, is contracting the economy," he added. www.moneynews.com/FinanceNews/Forbes-QE-Titanic-Fed/2013/05/10/id/503905
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Post by hefferman1 on May 12, 2013 10:28:25 GMT -5
Printing money for the fun of printing money has never been a good idea. That is why Quantitative Easing is a bad idea.
It is part of the plan to destroy the US, by destroying the value of the dollar.
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Post by Michael Downing on May 12, 2013 11:24:08 GMT -5
It seems we are in a race to the bottom as other countries join inthe devaluation of their currency. So far the dollar has held up against other currencies in this debacle but that does not stop the diminishing of the people's buying power. It cannot go on for ever and the pay back will be a bitch for those who have not prepared and put aside soem things of hard value. While many still see gold and silver as the best safe haven I believe tangible goods that can be bartered a better bet. I put aside a couple extra Patriot seed packages as barter items. Can't beat this price and I think Jebadiah Fisher is still honoring the price... westernrifleshooters.wordpress.com/2013/05/09/jebadiah-fisher-seed-deal/
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