Bernankes Hidden Hint Of The Coming Economic Collapse
Today marks the final day of Bernanke’s testimony to Congress.
Highlights from the first day of testimony and Q&A include:
Q: Are You Printing Money?
Bernanke: Not Literally
Amazingly, no one said anything after this comment. But far more importantly was the last statement made by the Fed Chairman,
“If we were to tighten (monetary) policy, the economy would tank.”
Tightening monetary policy means if interest rates rise. Interest rates are currently being held at ZERO and have been there four nearly five years. And Bernanke has just announced that if interest rates rise, at all, then the economy would tank.
Unfortunately for Ben, rates are already rising around the world. Rates on Portugal’s ten-year are over 7%. Rates on Greece’s ten-year are back over 10%. Japan, the country of zero interest rates has seen a spike in its rates since April. Even Treasuries are surging higher, despite the Fed buying $45 billion worth of them every month.
Bernanke has told us point blank what will happen if rates rise (economic collapse). But he’s not telling us the whole truth. The fact of the matter is that if rates rise now while the Fed is running QE 3 and QE 4 then it’s game over. The Fed will have officially lost control of the system and a wave of defaults will implode the markets.
This process has already begun. As I noted before we’re seeing rates spiking around the world.
Stocks may hit new highs, but this rally has all the hallmarks of a blow off top, coming at the final stage of a bubble. Indeed, stocks have not been this overextended in over 20 years… thatincludes the 2007 peak. Soon after we reached that point… we then plunged into one of the worst market Crashes of all time.
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Whistler Blowers, Insiders
“Ben. The current administration is stealing from the pockets of our descendants and I don’t understand how you aren’t seeing the bigger picture yet. This is partially your fault. your liberal spending policy is digging this debt hole deeper. Stop selling I.O.U.’s that We will not be able to pay back for a LONG time. Stop feeding the stock market to glorify yourselves and creating deceptions. Leave the economy alone to correct itself. Start making budget cuts in the military, space exploration, and illegal surveillance of the general public. Ignore my rebuke and I will be the one who will be braiding your noose.”
Sorry Morti, This is all by design.The original intention was to bankrupt the U.S. and by proxy, to bankrupt the world in order to redo the monetary system, you know the expected “New World Oder”.
These foul, and poor excuses for human beings, desire nothing more than to enslave mankind in perpetuity and will not rest until they have succeeded. Really, the only cure is lots-o-rope and lampposts.
Simply put. Ben is driving up a steep mountain road with cliffs all around and no breaks. If he takes his foot of the gas, “money created out of thin air”, he rolls back and goes over the cliff. If he keeps his foot on the gas he gets to the top of the mountain and goes over the cliff. Either way, It’s game over.
Think of it like this, There is so much money that is like a pool of lemonade where every time you take a cup out of real lemonade out “by printing money out of nothing” you put in a cup of water to replace it there diluting the remaining lemonade in the pool. This is exactly what they are doing to everyone’s savings. Diluting it to point where what is left is not worth anything anymore. In the mean time the crooks get to spend the feit money first while it is still accepted.
Bernanke-another dude whose time has come and gone…gone…gone.
banks are allowed to use erasers………..
All baloney….The market goes straight up…..and then it goes straight up again…
These guys don’t want anyone else making money so they keep the little guy out with fear porn….
Go long and never be wrong….and you will be rich!!!
Dow 25,000……
S & P ….4,000
Nasdaq…..6,000
Hamilton