Legal Counterfeiting/Money Manipulation

What IS quantitative easing? According to Wikipedia it’s: 

“Quantitative easing (QE) is a monetary policy used by some central banks to increase the supply of money by increasing the excess reserves of the banking system, generally through buying of the central government’s own bonds to stabilize or raise their prices and thereby lower long-term interest rates. This policy is usually invoked when the normal methods to control the money supply have failed, i.e the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero. It has been termed the electronic equivalent of simply printing legal tender.”

Essentially it’s like you printing counterfeit money or writing a bad check to pay off your credit cards. The dollar used to be backed by gold, now it’s backed by how much we produce, interest rates, and economic health.
We’re not producing much, interest is low so money is supposed to be easy to get and our economic health? Pfft. 
Instead of a credit bubble we have a money bubble and aren’t producing the goods to back it up. Weaker dollar. Commodities like gold, and oil have a intrinsic value because they’re useful. The dollar is a piece of cotton paper with the full faith and credit of a Bankrupt country behind it. 
Not very sound fiscal policy. Oil is paid for in dollars which gets increasingly weaker, so it takes more of them to buy oil. Ever watch the summary of the end of the day trading? When a dollar gets stronger, oil gets cheaper. And vice-versa. 
We have fiat money that buys more than produces. We like our cheap, convenient crap from China, Mexico, etc. Instead of investing in American manufacturing by buying American products which would spur some growth by employing Americans. Germany right now is saving themselves by exports. What do we export? Serious trade imbalance here. 
Just something for you to chew on.

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