Comments on: Bernanke Admits Printing $1.3 Trillion Out Of Thin Air http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/ Connecting the Dots to Give You A Clear Picture of What’s Really Going On Thu, 09 Feb 2012 00:48:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Create Currency ~ Three | The Money Conspiracy http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-81036 Create Currency ~ Three | The Money Conspiracy Wed, 07 Dec 2011 05:42:45 +0000 http://usawatchdog.com/?p=1642#comment-81036 [...] http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/ [...] [...] http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/ [...]

]]> By: A Quiet Simple Life » Daily News Archive Post http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-45018 A Quiet Simple Life » Daily News Archive Post Mon, 30 May 2011 23:59:40 +0000 http://usawatchdog.com/?p=1642#comment-45018 [...] Bernanke Admits Printing $1.3 Trillion Out of Thin Air from USAWatchdog [...] [...] Bernanke Admits Printing $1.3 Trillion Out of Thin Air from USAWatchdog [...]

]]> By: John http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-6317 John Wed, 11 Aug 2010 19:13:57 +0000 http://usawatchdog.com/?p=1642#comment-6317 Hey Ben, can you spot me couple Mil? I want to take the family to Europe this summer. Hey Ben, can you spot me couple Mil? I want to take the family to Europe this summer.

]]> By: Greg http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2927 Greg Mon, 24 May 2010 01:08:38 +0000 http://usawatchdog.com/?p=1642#comment-2927 Rambo, I think it has already made it's way into the financial system. Real inflation is already running at 9.5%. Thank you for the comment. Greg Rambo,
I think it has already made it’s way into the financial system. Real inflation is already running at 9.5%. Thank you for the comment.
Greg

]]> By: Rambo http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2890 Rambo Fri, 21 May 2010 17:35:35 +0000 http://usawatchdog.com/?p=1642#comment-2890 The monetization of the mortgage backed securities, at this point, is not inflationary, as long as it stays on the Fed's balance sheet. This is not really any different than a bank creating a loan, with the difference that the newly created Fed money (monetization) is not directly entering the financial systm. The interesting thing will be what the Fed actually does with these assets that are on its balance sheet. That is the key. However,expect the Fed's balance sheet to keep growing in the future. The monetization of the mortgage backed securities, at this point, is not inflationary, as long as it stays on the Fed’s balance sheet. This is not really any different than a bank creating a loan, with the difference that the newly created Fed money (monetization) is not directly entering the financial systm. The interesting thing will be what the Fed actually does with these assets that are on its balance sheet. That is the key. However,expect the Fed’s balance sheet to keep growing in the future.

]]> By: Greg http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2783 Greg Tue, 18 May 2010 01:10:44 +0000 http://usawatchdog.com/?p=1642#comment-2783 Jerry, Inflation is not an "if" but a "when." "Real inflation" is already running at 9.5% according to shadowstats.com. The $1.3 trillion went to people who otherwise would have had steep losses had the Fed not bought them. The hardest thing for me to do since the crisis started to grasp the enormity of the situation. We bought $1.3 trillion of mistakes and bad investments of bond holders? THIS HAS NEVER HAPPENED BEFORE and this is just what we know about because you cannot audit the Fed. All this money is going somewhere. I suspect the bonds bought by the Fed were in fact worth zero or near zero. Plenty of other sources are saying we face inflation with all the bailouts and money printing. If you believe in capitalism then you should also believe in failure and that is exactly what the banks should have faced. Instead we bailed out the incompetent! Thank you for your support and comment. Greg Jerry,
Inflation is not an “if” but a “when.” “Real inflation” is already running at 9.5% according to shadowstats.com. The $1.3 trillion went to people who otherwise would have had steep losses had the Fed not bought them. The hardest thing for me to do since the crisis started to grasp the enormity of the situation. We bought $1.3 trillion of mistakes and bad investments of bond holders? THIS HAS NEVER HAPPENED BEFORE and this is just what we know about because you cannot audit the Fed. All this money is going somewhere. I suspect the bonds bought by the Fed were in fact worth zero or near zero. Plenty of other sources are saying we face inflation with all the bailouts and money printing. If you believe in capitalism then you should also believe in failure and that is exactly what the banks should have faced. Instead we bailed out the incompetent! Thank you for your support and comment.
Greg

]]> By: Jerry http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2778 Jerry Mon, 17 May 2010 16:47:35 +0000 http://usawatchdog.com/?p=1642#comment-2778 Is the premise that $1.3 billion was just printed up and distributed for no consideration? It seems to me that the purchased securities have some value, probably a lot closer to $1.3 trillion than Zero. (I doubt it was an investment worthy of $1.3 trillion). Where was the fed supposed to get $1.3 to buy the securities (assuming they felt compelled to do so), raise a poll tax? Tax the banks? Pass the hat? I'm not sure I understand the revelation. I'm not saying the nationalization of these mortgage backed securities was a good idea - particularly at the price. Far from it. I'm also not sure it guarantees an inflationary spiral starting. My compliments to you and Ron Paul - thanks for the hard work. Is the premise that $1.3 billion was just printed up and distributed for no consideration? It seems to me that the purchased securities have some value, probably a lot closer to $1.3 trillion than Zero. (I doubt it was an investment worthy of $1.3 trillion).

Where was the fed supposed to get $1.3 to buy the securities (assuming they felt compelled to do so), raise a poll tax? Tax the banks? Pass the hat? I’m not sure I understand the revelation.

I’m not saying the nationalization of these mortgage backed securities was a good idea – particularly at the price. Far from it.

I’m also not sure it guarantees an inflationary spiral starting.

My compliments to you and Ron Paul – thanks for the hard work.

]]> By: saptono http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2749 saptono Sun, 16 May 2010 01:30:17 +0000 http://usawatchdog.com/?p=1642#comment-2749 Why should they shocked? Didn't they know it? It is the big idea of the monetary system since US dollar detached from gold in 1973 and the US people is prohibited by federal law to own gold except for jewelry. They also knew that the system will not last, there always limit there. This maybe the beginning of the end. Bernanke is US Version of Suasno Duadji from Indonesia. The media also help not to notice this joker system to the US Taxpayers. Why should they shocked? Didn’t they know it? It is the big idea of the monetary system since US dollar detached from gold in 1973 and the US people is prohibited by federal law to own gold except for jewelry. They also knew that the system will not last, there always limit there. This maybe the beginning of the end. Bernanke is US Version of Suasno Duadji from Indonesia. The media also help not to notice this joker system to the US Taxpayers.

]]> By: Greg http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2466 Greg Tue, 04 May 2010 23:42:42 +0000 http://usawatchdog.com/?p=1642#comment-2466 Adam, As I have said before we should have taken them straight to receivership and only protected depositors. Now the FDIC is broke with only a line of credit to the Treasury. Sad. Thank you! Greg Adam,
As I have said before we should have taken them straight to receivership and only protected depositors. Now the FDIC is broke with only a line of credit to the Treasury. Sad. Thank you!
Greg

]]> By: Adam Neira http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/#comment-2454 Adam Neira Tue, 04 May 2010 13:30:25 +0000 http://usawatchdog.com/?p=1642#comment-2454 Audit all the banks and see where the chips fall. Everyone just might find that some have been better at the financial poker game than others. The chance/skill ratio of the game of poker means that over a period of time the smarter player will win more of the money. Sometimes people who lose their shirt maintain that the cards were stacked. A fair game frustrates the hell out of poor losers. Men can handle being rejected by a women. They can deal with ill-health. They will put up with jokes about their character. But they hate to admit that the other man is smarter than them. Most men would rather go to their deaths than face up to their intellectual and spiritual inadequacies. Audit all the banks and see where the chips fall. Everyone just might find that some have been better at the financial poker game than others. The chance/skill ratio of the game of poker means that over a period of time the smarter player will win more of the money. Sometimes people who lose their shirt maintain that the cards were stacked. A fair game frustrates the hell out of poor losers. Men can handle being rejected by a women. They can deal with ill-health. They will put up with jokes about their character. But they hate to admit that the other man is smarter than them. Most men would rather go to their deaths than face up to their intellectual and spiritual inadequacies.

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