What is it with the term "INFLATION" and economist . They seem to simply love it. Here is Zero-hedge reporting that BERNANKE's speech in Jackson Hole mentions INFLATION 10 times ; DEFLATION and GOLD : zero(0).
http://www.zerohedge.com/news/word-cloud-trichets-disappointing-jackson-hole-speech-inflation-mentions-10-deflation-and-gold-
They love "INFLATION" because they want the "ILLUSION" to keep going on.
Indeed, the vast majority of US economic growth over the last 40 years has been fueled by the Fed’s loose money policies. Bill King, an analyst and investor , posted the below chart a while back. It charts US GDP growth in nominal terms (the dark blue line), the performance of the Dow Jones Industrial Average (the black line), and REAL GDP growth or growth that accounts for inflation(the light blue line).
As you can see, when we account for inflation, the US economic “miracle” of the last 30 years is in fact not all that miraculous. Take away easy credit and Fed funny money and the US GDP has barely grown at all since the ’70s When your entire financial system is built on debt eventually you hit a brick wall.
They need the ILLUSION of growth and prosperity to be going so that they themselves could become so large till they now no longer care. Here's an example of their POWER.
http://www.pakalertpress.com/2009/03/16/six-jewish-companies-own-96-of-the-worlds-media/
I can easily bet that they own 90 % of MILITARY and INDUSTRIAL complex too besides ENTERTAINMENT.
So for all the science , growth , development, education , industries that were SHOVED DOWN OUR THROAT, saying that they were for our good, it seems we have been serving completely different INTERESTS and PURPOSES . EDUCATION was simple preparation for corporate slavery. It has nothing to do with learning.
GLOBAL PONZI ECONOMY is at the end of the road.
http://www.zerohedge.com/news/word-cloud-trichets-disappointing-jackson-hole-speech-inflation-mentions-10-deflation-and-gold-
They love "INFLATION" because they want the "ILLUSION" to keep going on.
Indeed, the vast majority of US economic growth over the last 40 years has been fueled by the Fed’s loose money policies. Bill King, an analyst and investor , posted the below chart a while back. It charts US GDP growth in nominal terms (the dark blue line), the performance of the Dow Jones Industrial Average (the black line), and REAL GDP growth or growth that accounts for inflation(the light blue line).
They need the ILLUSION of growth and prosperity to be going so that they themselves could become so large till they now no longer care. Here's an example of their POWER.
http://www.pakalertpress.com/2009/03/16/six-jewish-companies-own-96-of-the-worlds-media/
I can easily bet that they own 90 % of MILITARY and INDUSTRIAL complex too besides ENTERTAINMENT.
So for all the science , growth , development, education , industries that were SHOVED DOWN OUR THROAT, saying that they were for our good, it seems we have been serving completely different INTERESTS and PURPOSES . EDUCATION was simple preparation for corporate slavery. It has nothing to do with learning.
GLOBAL PONZI ECONOMY is at the end of the road.
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