Israel Economics

[NYBob]

Currency Fiat$money paper poncy scheme 666 masters -

Devilish Addendum to Today’s DMR
Posted on September 19, 2012 by News



19-Sep – In an article that appeared at FT.com yesterday
entitled Bond sceptic caught between devil and ECB, a scene
from the classic Goethe play Faust is recounted:

In early scenes from Goethe’s tragedy, Mephistopheles
(the 666 devil) persuades the heavily indebted Holy Roman Emperor
to print fiat paper money –
notionally backed by gold that had not yet been mined –
to solve an economic crisis, with initially happy results until
more and more money is printed and rampant inflation ensues.

I remember reading Faust many years ago in college, but must
admit that I had no recollection of this particular scene.
However, Bundesbank President Jens Weidmann apparently recalls
the scene well and makes a comparisons to recent ECB actions,
to which he was the lone dissenter.

{b]In a speech in Frankfurt yesterday, Weidmann said,
“The state in Faust Part Two is able at first to rid itself of
its debts while consumer demand grows strongly and fuels a
strong recovery. But this later develops into inflation and the
monetary system is destroyed by rapid currency depreciation.”

As central banks around the world heap accommodation on top of
accommodation — the subject of today’s earlier commentary —
perhaps those bankers can fall back on the
(and I’m really showing my age here)
Geraldine Jones line from old Flip Wilson variety show,
“The 666 devil made me do it!”

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Posted in European Debt Crisis, Monetary Policy, QE, inflation |

PG View: It is perhaps delusional to think the ECB, BoE or the
Fed are going to have any more success…

PG View: Yet based on the Fed’s announcement last week of QE3,
clearly what we need is more inflation…

Constitutionally Correct 2012 =
Constitution And The Bill Of Rights =

QE3, It's All Exploding In Front Of Us =

btw. for my memo =
a $billion = only $1000 million = $1,000,000,000.00

a $trillion = only $100 billin = $1,000,000,000,000.00

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79651538

btw.
Obama may think the US People so rich so its better give away
the money ? - like Rothschild/Hitler only gave -
concentration gulag/fema camps to our Brother & Sisters in
Germany, East Europe, USSR etc. -
http://doreenellenbelldotan.info/AdolfRothschildHitler.htm

the money = only for =
the khazarian gypsy monglerz 666 king pin -

the rest of the money = for the bullets =
to rob the rest of the People.

Gold is Safety -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79406331

http://rt.com/news/france-syria-aid-us-550/

http://rt.com/news/china-japan-war-panetta-290/

http://rt.com/news/chinese-ships-breach-japan-naval-border-101/

http://rt.com/news/china-five-generation-lightweight-fighter-378/

http://rt.com/usa/news/

http://www.shtfplan.com/headline-news/what-are-the-milipolice-planning-on-doing-with-these-heavily-armored-vehicles_09122012#comments

http://www.dailypaul.com/254135/help-end-the-two-party-monopoly

http://www.dailypaul.com/
God Bless