Today, liberal PBS is out suggesting the hyper dove Janet Yellen might not be the best choice for Bernanke's successor. In fact, they suggest that her appointment is "folly" and that she might be a "dangerous choice". I could not agree more. But to see PBS put this in writing tells me that the con game is near an end. PBS usually backs whatever the liberals do no matter how toxic it might be. But I guess you really can't fool all the people all the time and when the con is in the collapse stage you can't fool anyone at all. That giant sucking sound you hear is confidence leaving the system.
The stock markets, bond markets, housing markets and in fact our whole Ponzi Economy is buoyed by nothing more than confidence, just like any other con game. The global money supply is completely worthless, completely corrupted by the confidence game where massive debt is allowed, enabled and even encouraged to the point of being required in order to compete in the business place. All of this is enabled by the fraudulent currency supply that we call fiat currency and fractional reserve banking. All of this is controlled by the Federal Reserve not only for the US but effectively for the whole planet.
When this scam comes tumbling down as all scams eventually must, it is going to leave a mark on anyone who put their faith in this con.
Thursday, November 14, 2013
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