Dickybird. PhilipS is on the right track. It is Aidan who has the comprehension problem. Aidan says there is little or no inflation.

Well little of this money printing is seen in rising wages or prices for consumer goods but the inflation is seen in the share market, derivatives and house prices. When these markets collapse we will see hyper-inflation.

It is the big end of town that benefits from the inflation of share market prices because they know when to get out while the small investors and their pension funds get screwed once again.

Arjay, let me get this straight: you think the poster who lists dozens of government owned and controlled central banks and claims they're Rothschild owned and controlled is on the right track, and the one who challenges him to provide evidence that any of them are in private ownership has a comprehension problem? ? ?

It may surprise you to learn that comprehension does not equate to gullibility!

By what mechanism do you think a market collapse would result in hyperinflation? It doesn't seem to make much sense, as previous market collapses have heralded eras of very low inflation (and sometimes even deflation).

And if you think it's the big end of town that will benefit, why do you worry about what congress has done to the legislation you can't even spell?

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Dickybird

If you believe all you're told
Try investing in gold
But do not show surprise
If it fails to rise
Don't be perplexed at all
If you see its price fall!

BTW legal fiat is what gives currency its value, not what destroys it. And money printing is not done at the bank officials' whim, but to meet economic objectives.

BTW legal fiat is what gives currency its value, not what destroys it. And money printing is not done at the bank officials' whim, but to meet economic objectives.

Posted by Aidan, Tuesday, 30 December 2014 10:29:44 AM

Whose economic objectives ie the banks do they serve in money printing. BTW money printing refers to money created from nothing by private banks in excess of growth which in turn produces our inflation.

So Aidan our banking system creates this inflation money as debt and asks us to repay principal + interest on what should be already ours.

In other words we are paying the banks to depreciate our money. How utterly stupid is that ?

Arjay,
"Whose economic objectives ie the banks do they serve in money printing."
The nation's.

"BTW money printing refers to money created from nothing by private banks in excess of growth which in turn produces our inflation."
Alas reality isn't that simple, as you can't beforehand say what growth will be, and money printing is itself one of the things that drives it.

"So Aidan our banking system creates this inflation money as debt and asks us to repay principal + interest on what should be already ours."
Try rewriting the above without the use of pronouns and you'll probably start to see why that's actually a sensible way to do it – especially if you consider the different roles of central and commercial banks.

"In other words we are paying the banks to depreciate our money. How utterly stupid is that ?"
A lot less stupid than it sounds.

Dickybird - appear you misunderstood what I wrote, it is not myself who has there head in the sand, I will just wait and remind the person when the inevitable does happen.

Aidan - The US has created out of thin air hundreds of billions of dollars for "Quantitative easing" but the average Americans standard of living has not increased because of it. over half the population is on some form of Government assistance. The only people who have gained to any large extent are the 1% mega rich

The interest bill alone is astronomical especially when you consider they did not really have to pay any interest to the private bankers in the first place, they could have just printed and issue the money.

Quote "Try investing in gold
But do not show surprise
If it fails to rise"

Of course it is going down now because it has to if it rises the US dollar will crash, the market is being rigged downwards, this has been proven true by some institutions being fined for doing it.

The reason they can rig it is easy because most people buying or selling are not selling or taking delivery of real Gold just paper that is supposedly backed by real gold. Reality is if everyone with paper gold tries to cash it in for real gold there will be nowhere near enough to fulfill the demand.

Aidan I cannot cure your cognitive dissonance so future interaction is pointless.

Philip S diversify your assets and keep little money in a bank account. We cannot rely just on precious metals as our Govt who is owned by this banking system may just decide to confiscate PMs or put super tax on them or they may just fix the price of PMs. Opals, diamonds etc may be a better option.

Many of the commenters on the sites I've referenced are saying this will be a big year of change. No one knows exactly when but they all agree that this collapse will be enormous. Why would the banks instigate "bail in" if they are so sound? Why would Congress put the US tax payer on the hook for private derivative gambling of $303 trillion if the system was safe?

You just can't make this stuff up!