The Illusion of Economic Recovery: The Fed Creates Money Out of Thin Air

Published on Global Research.ca, by Bob Chapman, August 11, 2010.

Well, it’s just the same old, same old, business as usual in America.  The Fed creates money out of thin air, uses it to keep the economy from teetering over the edge of destruction as ludicrous salaries and bonuses are collected by Wall Street Illuminists and as US consumers are deceptively informed that we have green shoots sprouting up and that recovery is just around the corner.  So go out and borrow, borrow, borrow, and spend, spend, spend, so US Illuminist transnational conglomerates can continue to generate their off-shore, untaxed profits to pay Illuminist salaries and bonuses for their henchmen in Corporate America.  Then you have the President’s Working Group on Financial Markets (aka the Plunge Protection Team, aka the PPT for short), rigging markets around the world 24/7 with the money created out of thin air by the Fed via the repo pool … // 

… There may be a quick yellow fever hit in the near future, followed by a miraculous pre-election recovery rally to establish a new shot-term high for stocks to benefit the Jackasses in November.  The purpose of such a hit, if it occurs, would be for the sole purpose of disrupting the precious metals markets during the beginning of their usual fall rally while simultaneously providing support for the dollar as idiots rush for treasuries in a panic.  US Treasuries, however, are now losing their battle with gold for the status of being the ultimate safe-haven.  Oil may also suffer to gain the “euro effect” in support of the dollar, since rich oil sheiks, who prefer to shop in Europe, have fewer dollars to spend when oil goes down, and thus fewer euros are purchased with those oil dollars.  The dollar could have a brief rally to 84, as nothing goes straight down, before once again testing 74, which it will do in the not-to-distant future.

We also believe that a large stock market correction might be used in order to provide the excuse for the implementation of QE2.  Could the excuse for such a large correction be a false-flag event or the outbreak of a major war?  We’ll see.  While timing is always difficult to tell, rest assured that if it does happen, it most likely will occur after elections at a time when gold and silver are in a major rally, as always. You have now already witnessed the PPT “puff the fluff” into the stock market over the past five weeks, adding 1000 points to the Dow, taking it from about 9,600 to 10,600 as word about QE2 spreads on the QT through the ranks of the elitists via the PPT.

They are now telling the public that it’s safe to get back into the water, using the bogus rally like a carrot stick, knowing full well there will be a takedown later.  After using their illegal insider trading tips to get in early on the current rally for fun and profits via their unregulated dark pools of liquidity to keep their moves hidden from regulators (who would do nothing in any case), they will then make a mint on the shorts they have placed in the dark pools like the OTC as the takedown occurs and as the public piles in like suckers ripe for the picking.  Thus, the initiated will sell into the strength provided by the uninitiated, as always, and the regulators will be out of the picture since they have no control over dark pools.  Once again, it’s heads we win, tails you lose.  We get the gold mine, you get the shaft.

Once QE2’s implementation becomes common knowledge, gold and silver are going to enter into another dimension, a much larger dimension, if you get our drift.

Note how everything would tie nicely together.  You get a major war, or false-flag event, or both, either before or after elections.  The stock market takes a hit, temporarily disrupting precious metals markets, which will quickly recover as everyone turns to gold in a war/false-flag situation.  During this disruption, the elitists will then attempt to cover their precious metals shorts, and go long for the first time in decades. Oil will promptly skyrocket, sending the stock markets into a huge funk.  Our non-citizen President will then become a war-time President, to increase his chances for re-election.  QE2 will then be used to both fund the war and to help stock markets recover from their large initial decline, as oil prices are brought back under control by Big Oil using our military as cannon-fodder, making the Jackasses look good for the next Presidential election as they become war-time incumbents, with the focus off the economy and onto the battlefield.

Also, since the war will then be two years in its duration, it will be used as a scapegoat for the ultimate takedown of the world economic system that the elitists have planned in order to implement world government.  Obviously, you cannot just start a war and then turn around immediately and blame the world’s financial problems on that war.  The war has to first be appropriately “aged.”  And if “The Joker” somehow gets reelected as a result, you can expect all hell to break loose as the war seemingly spirals out of control, and world financial systems are intentionally collapsed to implement world government.  The impact of the war will be blamed for all the ensuing woes, martial law may even be implemented as a result, and our peerless Islamo-fascist leader’s epithet, “The Joker,” will seem most appropriate.

And think of all the volatility that all these events would bring to world financial markets, and the fabulous wealth that could be accumulated by anyone having insider information on when these events would be orchestrated to occur.  However, as for the those of you who have not been anointed by the New World Order, only those who own gold, silver and their related assets will survive. (full text).

(Global Research Articles by Bob Chapman).

Link: The (sizable) Role of Rehypothecation in the Shadow Banking System, July 1, 2010.

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