Moral Outrage
Whew! God help us!

The U.S. money supply has multiplied 4 times from 2007 – 2010

Last year, the Federal Reserve increased the world’s wealth by $1.7 trillion. That’s a lot of money. What did it mean? Presto, the world was richer? Or if the world wasn’t richer, the extra money was a hoax, a fraud, and a scam, right?

Now counterfeiting is against the law. The counterfeiter creates money that looks just like the real stuff, but it has no gold or other backing behind it. The Fed likewise creates money that looks just like the real stuff. It has no gold or other backing behind it either. But by some magic, it’s okay when the Fed does it.

The Fed pulled another white rabbit out of its hat last Wednesday—a $600 billion mad hare. Stocks soared on Thursday. Commodities soared. Everything soared. Except the dollar.

Debt-tracker Prof. Laurence Kotlikoff at Boston University concludes that the money supply will have been multiplied 4 times since 2007!

[Excerpts of an article by Bill Bonner]

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4 Responses to “The U.S. money supply has multiplied 4 times from 2007 – 2010”

  1. Does not that mean that the value of a dollar should now be worth 1/4 th. of what it was???

    • Well, in November 2007 gold was 783 dollars per ounce,

      In November 2010 gold is over 1400 dollars an ounce.

      Despite whatever other market forces and currency manipulation is at play, the dollar buys only a portion as much in real value now as what it did a few years back.

  2. AS LONG AS WE ARE BUYING GOLD AND SELLING IT AT A HIGHER PRICE ON PAPER WE CAN DO THAT. BY SELLING TREASURY NOTES AND GOLD CERTIFICATES THAT NEVER LEAVE THE COUNTRY WIT ANY BULLION WE ARE O.K. AND CAN VALUE THE DOLLAR AT A PRICE THAT WILL REFLECT THE PRICE OF GOLD AS WELL AS BACKUP THE DOLLAR. AT THE SAME TIME WE HAVE INSURED OUR CURRENCY AND MARKETS AS WELL AS THE ENTIRE U.S. AND WORLD BANKING SERIVES AGAINST DEFAULT TOO. SO WE CAN EXPAND THE CURRENCY UNTIL ALL THE GOLD IS IN THE U.S. TREASURY`S CONTROL AMD EXPAND OR CONTRACT THE AMOUNT OF CASH AVAILABLE AT ANY TIME THE MARKET DEMANDS UNTIL IT COMPLETELY SATURATES THE GLOBAL MARKET WITH THE VALUES THAT DO NOT FAIL. AND WHEN THE WAR IS OVER LOOK FOR A BOOM ON THE DOLLAR TOO FOR THE ECONOMY WILL REFLECT THE VALUE OF THE DOLLAR AS BEING TOO LOW TO MAINTAIN THE CURRENT VALUES OF THE GLOBAL ECONOMY. THAT IS AN IDEAL SCENARIO AND IF IT IS PROTECTED IT WILL PROTECT THE GLOBAL MARKETS WITH SECURITIES THAT WILL INCREASE IN VALUE AND CAUSE THE WORLD TO SAVE MONEY

  3. Some are deep but they are not clear.

    You are not clear and I wager you are also not deep.

    Said another way, what have you been smoking?


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