Hyperinflation? Fed Restarts Currency Swaps as EU Debt Crisis Flares
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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[^]
As I commented in a CP forum you can't access, [quote] 750B € deal of which 690B € are standby funds. None of that 690B € funds are being sent or used now. It is just a financial safety net. The EU Commission is making some 60B € available now to the ECB. The ECB will sell assets and buy government debt so no increase in the amount of fresh new untouched money. [/quote] So, Henize, your dollars are safe for the moment ;P
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CaptainSeeSharp wrote:
They will give them as much money as they need, no need to ask for it, just take it.
Do you not know what 'swap' means?
Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.
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.
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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As I commented in a CP forum you can't access, [quote] 750B € deal of which 690B € are standby funds. None of that 690B € funds are being sent or used now. It is just a financial safety net. The EU Commission is making some 60B € available now to the ECB. The ECB will sell assets and buy government debt so no increase in the amount of fresh new untouched money. [/quote] So, Henize, your dollars are safe for the moment ;P
This is a lie, they didn't have all this money in savings. They created it, it came from central banks all around the world.
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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This is a lie, they didn't have all this money in savings. They created it, it came from central banks all around the world.
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[^]
Nope. The EU is rich. They have the means to channel money around Europe at the stroke of a pen. This is what they are doing. Moving money from one ECB account to another ECB account for the ECB to do as I stated. Besides that, the EU Commission does not create money - they spend money as collected from EU member states.
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This is a lie, they didn't have all this money in savings. They created it, it came from central banks all around the world.
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[^]
source? If you are so sure they had none of this money, prove it. Otherwise you have no basis to attack this move.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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Nope. The EU is rich. They have the means to channel money around Europe at the stroke of a pen. This is what they are doing. Moving money from one ECB account to another ECB account for the ECB to do as I stated. Besides that, the EU Commission does not create money - they spend money as collected from EU member states.
Boy you are in denial. Did you read the article? Central banks from all around the world are giving money to the EU for their nearly 1 trillion (measured in dollars) bailout package. They are spreading the hardship that will come from the economic collapses of EU nations, spreading it all around the world. They are leveling everything out. In other words, the world is bailing them out.
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source? If you are so sure they had none of this money, prove it. Otherwise you have no basis to attack this move.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
ragnaroknrol wrote:
source?
Read the article.
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ragnaroknrol wrote:
source?
Read the article.
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 was hoping for a real source... You basically admitted you have no source.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
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Boy you are in denial. Did you read the article? Central banks from all around the world are giving money to the EU for their nearly 1 trillion (measured in dollars) bailout package. They are spreading the hardship that will come from the economic collapses of EU nations, spreading it all around the world. They are leveling everything out. In other words, the world is bailing them out.
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 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.
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I was hoping for a real source... You basically admitted you have no source.
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
You're expecting too much from him, he doesn't understand what "SWAP" means... his skills to understand an article are just... well, he has none... so I don't see the point of even trying to explain to him... CSS just go back to your basement
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
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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.
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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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.
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:
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!