YELLEN STUMBLES?

Maybe. Then again maybe she did exactly what was scripted. In a manipulated toxic brew of Fed pump, one has to be able to tune out the noise. Yellen is backed into a corner and there is absolutely NO precedent for this level of Fed pump in history. Even Greenspan never envisioned this level of Fed pump, and he was thought to the the Daddy of all pumpers. Once upon a time the Fed was subtle with their interest rate pumping of the economy, but not anymore. Their involvement is way beyond their 4 Trillion dollar balance sheet. They have printed as much as 100 Trillion to maintain the currency floats worldwide and prop up the Western Central Banks balance sheets. Yes……you read that right. The 4 Trillion is what they claim as assets on their balance sheet and is the headline number to maintain YOUR CONfidence. By now surely you get it. That piece of paper that you carry around is an IOU. Its called a FRN. Its only debt. 

Without CONfidence that piece of paper is worth nothing. It has zero intrinsic value and now its not even a piece of paper. Most of the dollars out there are in cyber-space and exist as only thin air. Try and sell that when CONfidence goes. Of course the most CONfident of those reading this believe that WE stand behind the value of that FRN. Okay……lets take a look at WE. WE have shipped overseas about 80% of our factory production to other countries and replaced that economy with a consumer/banking based economy. Imagine how hard our creditors must be laughing when we threaten them with economic sanctions now. We’re going to do WHAT?  Stop manufacturing our ball-bearings that they need for their factories……..oh wait……we already shipped out those ball-bearing factories. Maybe we won’t send them any of our high tech I phones …..wait…..those aren’t made here and besides they may not want their children’s brains numbed by video games, since they are sending them to schools that are far advanced to our educational system where their children actually have real homework and real studies, not the make believe “core curriculum” for “feel good” results on national tests that are “cooked” for the “test takers”. 

I know lets withhold our banking from them. Now THAT will punish them. What country challenging us doesn’t want more toxic debt in their country. After all, the Ukrainians are completely broke and now the ECB wants to go in and give them one more dose of  toxic debt just to see how much one sick country can take before it completely implodes. 

You see CONfidence isn’t just us. WE are becoming less important in this equation and as you see it doesn’t really matter what YOU think. It matters what THE OTHER GUY thinks. How long do you really believe this bluff can go on? When you see someone like Janet Yellen stumble around and trip over soft ball questions, then you know that time is running out fast. She takes orders of course but one has to wonder if she is their sacrificial lamb. You’ve got to make money folks and that works BOTH WAYS …UP and DOWN. Its time to lean now into the wind (right sheeps) and the boyz will. It will not be easy to beat them but thats what they will be doing. Janets in the GONG SHOW now and she’s going to get GONGED. You need to inventory your lives and decide as someone once advided me. Separate what your NEEDS are and what your WANTS are. It IS important and you WILL have to do it now. Later will be too late. gl