A news by 4usnews:The Federal Reserve announced that they will implement $ 600 billion in additional quantitative easing by the end of June 2011. The Federal Reserve will maintain its current policy of reinvesting principal payments on its holdings of security and will expand its balance sheet an additional $ 75 billion a month. Total announced the expansion of the balance sheet was $ 100 billion more than the public consensus of $ 500 billion. The Federal Reserve will continue to hold interest rates at a record low of 0% to 0.25%, where they have been for almost two years.
Quantitative easing is nothing more than print of the Federal Reserve money and creating inflation. This quantitative easing is stealing from the purchasing power of incomes and savings of all Americans. While Americans are distracted by the media with daily debates Democrats and Republicans over taxes, U.S. taxes have almost no where near the effect on the lives of middle class Americans as well as the monetary policy of the Federal Reserve System and the quantitative easing. Instead, millions of Americans are “Tea Party” event in Washington, Glenn Beck and Sarah Palin, they should be marching outside a building of the Federal Reserve System in New York, chanting “End the Fed.”
As emphasized in “The End of Freedom” a new documentary NIA, which just surpassed 170,000 hits in three days, the prices of almost all agricultural products have been spiraling out of control in recent months, just waiting for the QE announcement today. In the past 60 days only, cotton prices up to 54%, corn prices are up 29%, soybean prices are up 22%, orange juice prices are up 17%, while sugar prices up to 51%. Meanwhile, Dow Jones only got 9%.
The Federal Reserve is doing its utmost to push the price of the stock market so that the government can take credit for “economic recovery”, but as NIA has been warning for years, inflation tends to most items that Americans need most in order to live and survive. There is nothing that Americans need more than food. Agricultural prices over the past two months, will make its way into all supermarkets nationwide over the next few months. Americans who are struggling just to make their mortgage payments, will now be forced to stop paying their mortgages, to buy food. Instead of hoping to get the latest Apple gadget for Christmas this holiday season, American children would be better appreciated if their parents can just put food on the table.
After the financial crisis late-2008/early-2009, when the Federal Reserve implemented the first round of quantitative easing, Dow Jones rallied by 74% compared with a low 6,469.95 in March 2009 to a high of 11,257.93 in April 2010. Rally Dow Jones, the U.S. government is able to take credit for creating the “economic recovery”, despite the fact that unemployment remains near highs for several decades. NIA released a documentary film on May 13 called “Meltup”, in which we said: “It is true that our economy has not recovered, prices are rising only because of inflation.” NIA, as set forth in the “Meltup”, “If the shares have seen a nominal decline in recent times, we will likely see Bernanke withdraw its largest dose of quantitative easing.”
July 19, with the Dow Jones, having declined by 11% compared with April high to 10,073.68, all the media talked about the threat of deflation. NIA has released an article on July 19, entitled “double dip recession does not mean deflation, in which we have already spoken,” says NIA, the Federal Reserve quietly preparing for the implementation of the “Mother of all quantitative easing.” NIA continued to talk, “NIA fears that come in October this year, Bernanke is likely to withdraw its largest dose of quantitative easing. ”
Today, forecasting NIA for the most part justified. The Federal Reserve announced a massive quantitative easing ($ 600 billion), and our timing was almost perfect (we missed a few days of October). It’s not quite what we think “Mother of all quantitative easing”, but do not worry, the Fed will announce additional quantitative easing soon, if the slightest hint of deflation reappears.
Current U.S. prices based on consumer price index (CPI) at 1.5% and the Fed wants this number will increase to 2%. True, the U.S. Bureau of Labor Statistics (BLS) uses the geometric weighting and hedonics artificially manipulate this number is lower than the actual rate of inflation, to keep Americans’ social security payment increases as low as possible so that the politicians in Washington more of your money. On the basis of how the U.S. government has previously calculated the price to the latest tactics to manipulate the BLS CPI as low as possible, NIA believes the current year price inflation was at least 5%.
No man alive, especially the Federal Reserve chairman Ben Bernanke is smart enough to perfectly control the speed of prices by printing money. Expanding thebalance sheet by $ 600 billion, NIA believes the real level of price inflation will rise above 10% in early 2011. Once Americans realize how quickly their dollars are now debased and lose their purchasing power, it could lead to a peak of U.S. dollar and cause hyperinflation at the beginning of 2012.
America no longer has a free market economy. For all of Wall Street is so fixated on the words that come from the mouth of Bernanke, it shows that the economic system we are extremely fragile and vulnerable to collapse at any moment. With asset prices soaring in recent months, just waiting for announcement of quantitative easing Bernanke, it shows that the financial system in the world already filled with trillions of dollars in excess liquidity. If the U.S. government to immediately implement significant cost reductions in all directions, NIA believes that the world is going to lose confidence in the dollar, and it will be impossible for the U.S. to survive past 2015 without the U.S. dollar becomes worthless.
The fact that the Republicans took control of the House of Representatives last night is completely meaningless. If the U.S. government to implement cost reductions needed to prevent hyperinflation, the Americans will be faced with a second Great Depression, which NIA opinion, is a necessity and is much better than the alternative. Nevertheless, Republicans are not at risk of responsibility for the nextGreat Depression , because it will ensure that Obama gets elected in 2012. Thus, the NIA predicts that nothing will change with the Republicans taking over the house.
Only good news that came so far this week that Paul Rand was elected to the U.S. Senate. NIA predicted in the Top 10 predictions for 2010 that Paul Rand would win both the Republican Party for U.S. Senate in Kentucky and the U.S. Senate seat, and we are very proud that Paul Rand won. NIA says Paul Rand, to be a real leader of the movement Tea Party, because he fully understands what will happen to hyperinflation as a result of actions by the Federal Reserve System.
NIA hopes that Paul Rand filibuster any attempt to the U.S. Senate to raise the ceiling on our national debt. There is no reason that the national debt limit, if every time we get this, Congress raises it. NIA prays, Rand Paul offers a balanced budget amendment in 2011, because it should be a top priority of our government, if he wants to restore confidence in the dollar and prevent a complete social collapse.
NIA would like to apologize for minor technical problems in the last two minutes of the new 1:00 NIA and “End” Freedom “14 minute documentary for a time in which the NIA President Gerard Adams said. This little audio problem was caused by YouTube and beyond our control. To compensate for this, the president of NIA will be featured in an exclusive video NIA later this month, detailing hyperinflation crisis that lies ahead and how to NIA members can prosper while the rest of America went bankrupt. As you know, the president of NIA was 378% return on its investment in silver options, he suggested to you in February. He believes that there will be many more opportunities like this for NIA members to become wealthy in the coming years as the rest of America went bankrupt.
The most important thing you do to help your relatives and friends survive the upcoming crisis of hyperinflation, to help them become educated to the truth. Tell them to become members of the NRU for free and ask them to read our articles and watch our documentary. If they have any questions about the U.S. economy and inflation, they can browse through our comprehensive database “NIAnswers and, if the question had not yet responded to us, they can transmit it to us to be added to the database. NIA will soon announce the most important new “NIAnswers” over the past few months. In addition, on December 7, NIA will be releasing its latest update of its review of major online retailers of gold and silver bullion.,,,,,,,,,,
