Hyperinflation? Fed Restarts Currency Swaps as EU Debt Crisis Flares
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I have read that which you referenced. I have also absorbed other resources. What has been stated is ... If the situation requires *, funds will be called upon with the EU and the IMF providing funds ONLY to the ECB. The ECB shall use those funds ONLY to purchase government debt ONLY and doing so by the sale of assets already held by the ECB, and only after those assets have been exhausted will those EU and IMF funds be used. As stated, it is JUST as a STANDBY measure giving stability where it was absent. Like I said, your dollars are not being used at the moment. They have been penciled in as an earmark by the IMF should they be required. And the amount required, should they be required, (USA contribution) be restricted to around 17% of the 250B € and as Britain and all other member countries of the IMF they will provide the lion share should it be required. So your Federal Reserve is not an open house. * meaning the stability statement is enacted.
Richard A. Abbott wrote:
Like I said, your dollars are not being used at the moment.
They will be soon. You are trying to tiptoe around that fact.
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The article states that the fed will give them all of the dollars that they need, and central banks around the world are doing the same. They are spreading the hardship that will come from the economic collapse in EU nations, spreading it all over the world. They are leveling everything out.
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CaptainSeeSharp wrote:
central banks around the world are doing the same
Really? Central Banks around the world are giving the EU all the dollars they need? Where does it say that?
CaptainSeeSharp wrote:
They are spreading the hardship that will come from the economic collapse in EU nations
The EU is merely following the US example - extend and pretend.
CaptainSeeSharp wrote:
spreading it all over the world.
Nah! Just the White Euro Trash all over the world. You are doomed!
Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.
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Richard A. Abbott wrote:
Like I said, your dollars are not being used at the moment.
They will be soon. You are trying to tiptoe around that fact.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
Like I said, your dollars are not being used at the moment.
They will be soon. You are trying to tiptoe around that fact.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
They will be soon.
But then, they might not be needed at all. It is after all, a safety net. And as with high wire acts in a circus, the safety net is there just in case it is needed, but more often than not, it is hardly ever needed. And so it will be with EU ... from a resource [^] (want more? I can flood you with resources if you wish) [quote] The 250bn euros from the IMF has been there all along: the IMF Managing Director, Dominique Strauss-Kahn, merely did the Europeans the favour, this weekend, of reminding them that it could be re-described in the interests of some market "shock and awe". We don't know much about how the Eurozone special vehicle would work. Truth be told, eurozone officials don't either. After all, yesterday morning, it wasn't even a thought in their heads - let alone a plan. [/quote]
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CaptainSeeSharp wrote:
They will be soon.
But then, they might not be needed at all. It is after all, a safety net. And as with high wire acts in a circus, the safety net is there just in case it is needed, but more often than not, it is hardly ever needed. And so it will be with EU ... from a resource [^] (want more? I can flood you with resources if you wish) [quote] The 250bn euros from the IMF has been there all along: the IMF Managing Director, Dominique Strauss-Kahn, merely did the Europeans the favour, this weekend, of reminding them that it could be re-described in the interests of some market "shock and awe". We don't know much about how the Eurozone special vehicle would work. Truth be told, eurozone officials don't either. After all, yesterday morning, it wasn't even a thought in their heads - let alone a plan. [/quote]
You act like he'll read them. He didn't read the one he posted...
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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You act like he'll read them. He didn't read the one he posted...
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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http://www.bloomberg.com/apps/news?pid=20601087&sid=amiI5qIW8gDI[^] So the Fed just completely "opens the vaults" to the EU. They will give them as much money as they need, no need to ask for it, just take it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
You know, I'm not going to bother pointing out how completely wrong you are, since the others are doing a good job of that... I'm only posting to ask one question... When are you going to realize that you don't know a damn thing about economics?
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
You know, I'm not going to bother pointing out how completely wrong you are, since the others are doing a good job of that... I'm only posting to ask one question... When are you going to realize that you don't know a damn thing about economics?
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
Ian Shlasko wrote:
When are you going to realize that you don't know a damn thing about economics?
me, me!!! please, me!!! I know the answer, please... me!!!
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
Does your answer involve airborne mammals, rapid regional cooling, or primates emerging from a very uncomfortable place (Like the back of a volkswagen)?
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
Does your answer involve airborne mammals, rapid regional cooling, or primates emerging from a very uncomfortable place (Like the back of a volkswagen)?
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)none of those but i have a large box, a very very large amount of stamps enough for a i reckon a 400lb wanna be conspiracey theorist and an address for a warm place in africa.. oh did i mention the animal tranquilisers to knock him out and lots of chains and padlocks to make sure he dont escape :laugh:
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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Does your answer involve airborne mammals, rapid regional cooling, or primates emerging from a very uncomfortable place (Like the back of a volkswagen)?
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)I wish I could give you a 5 for this post. Especially the mall Rats reference.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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I wish I could give you a 5 for this post. Especially the mall Rats reference.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
I'm a big Kevin Smith fan :)
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
http://www.bloomberg.com/apps/news?pid=20601087&sid=amiI5qIW8gDI[^] So the Fed just completely "opens the vaults" to the EU. They will give them as much money as they need, no need to ask for it, just take it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Can i ask a sensible question? Do you understand the implications if Greece goes bankrupt?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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Can i ask a sensible question? Do you understand the implications if Greece goes bankrupt?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
Simon_Whale wrote:
Do you understand the implications if Greece goes bankrupt?
Greek already is bankrupt, that is why they are getting bailed out. This is only going to cause a currency crisis. The world is bailing out the world, everybody is going to be hit by this. You can't do this without serious consequences. It only delays the inevitable, and makes the situation worse in the long run.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Simon_Whale wrote:
Do you understand the implications if Greece goes bankrupt?
Greek already is bankrupt, that is why they are getting bailed out. This is only going to cause a currency crisis. The world is bailing out the world, everybody is going to be hit by this. You can't do this without serious consequences. It only delays the inevitable, and makes the situation worse in the long run.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
yes and the curreny crisis even effects you, so your government is doing its bit too stop it effecting you. so i dont get the consiparecy / problem in what you've put or would you rather be un employed as a result of not helping?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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yes and the curreny crisis even effects you, so your government is doing its bit too stop it effecting you. so i dont get the consiparecy / problem in what you've put or would you rather be un employed as a result of not helping?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
Simon_Whale wrote:
or would you rather be un employed as a result of not helping?
This implies there is a shortage at a place that asks if they want fries with that...
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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yes and the curreny crisis even effects you, so your government is doing its bit too stop it effecting you. so i dont get the consiparecy / problem in what you've put or would you rather be un employed as a result of not helping?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
They are creating the currency crisis by flooding the world with new money, the world trying to bail out the world with inflation is not going to work. They are making the situation worse by trying to delay it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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yes and the curreny crisis even effects you, so your government is doing its bit too stop it effecting you. so i dont get the consiparecy / problem in what you've put or would you rather be un employed as a result of not helping?
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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They are creating the currency crisis by flooding the world with new money, the world trying to bail out the world with inflation is not going to work. They are making the situation worse by trying to delay it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
i disagree.. if a country defaults on the payments then their credit rating fails, if it fails then the interest goes up if too many bond investors loose money they will be afraid to lend to countries. countries borrow money to function.. they can't borrow where would they get if from in the end.. the likes of the average man. making your life a misery!!!
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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i disagree.. if a country defaults on the payments then their credit rating fails, if it fails then the interest goes up if too many bond investors loose money they will be afraid to lend to countries. countries borrow money to function.. they can't borrow where would they get if from in the end.. the likes of the average man. making your life a misery!!!
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
Simon_Whale wrote:
if a country defaults on the payments then their credit rating fails, if it fails then the interest goes up if too many bond investors loose money they will be afraid to lend to countries. countries borrow money to function.. they can't borrow where would they get if from in the end.. the likes of the average man. making your life a misery!!!
All of this is going to happen regardless, but much worse than what is would have been if the correction came sooner than later.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]