Quantitative Easing Explained

QE and QE2 have absolutely nothing to do with “saving” the economy. However, QE3 has already been announced.

By Eric Woodell

The massive “quantitative easing” by the Federal Reserve, sounds somewhat noble, even gentle, in its approach to helping restore the American economy.  Such terms almost sound like you suddenly can refinance your house for an absurdly low rate, it’s that easy.

But the reality is quite different.

The Federal Reserve has the ability to create money.  In the old days, that meant using printing-presses, to put ink on paper, which are then called “dollars.”  Nowadays, however, they do it with literally the click of a computer keyboard, and the money is created instantly!  Pretty cool, don’t you think?

But what does this really mean?

Why would the Federal Reserve do this, and devalue the dollar?  After all, if there are only a certain number of goods available, and everyone suddenly has twice as much money, won’t the prices of everything double, and the net result will be that nothing has effectively changed?  Won’t the only real change be that each unit of currency being worth exactly half of what it was?

The answer to both questions, of course, is “yes.”  But what matters, is who gets the money first.  In the academic study of economics, this could be termed the “first-mover” advantage.

Let’s use an analogy:  Let’s assume the economy had $3 trillion floating around in it.  Now, suppose the Fed gave you $1 trillion dollars, in your own personal checking account.  With that much money, what would you do?  Pay off all your debts, buy a nice car and new house, and so on…  In other words, you could spend that money, at the value it currently is at.  Of course, as you bought more stuff, more money will make it into the general economy, increasing the money circulating around, and eventually the dollar will have a lower value.  In this case, after you’ve spent all the money acquiring everything worth buying, there would now be $4 trillion in the economy, instead of $3 trillion.  If you spent all of that money in one year, the inflation rate would be 4/3, or 33%.  The dollar would be worth only ¾ of what it had, just the previous year.

The effect to everyone else in the economy, is that their money is worth less than the previous year, and if you had your money tied up in a savings account paying 3% interest, it would mean you actually lost 30% in one year, because the dollars you have in your bank purchase that much less.  This has the net effect of being a government tax, while at the same time, allowing the cronies and suck-ups of the Fed to gain power, by taking it from you.

This is why the Fed constantly wants inflation; it gives them power over you, invisibly taxes you, and allows them to maintain power over you.

When they talk about more “quantitative easing,” like QE2 or even QE3, it means that the Fed is robbing you of your ability to purchase things like food, fuel or shelter.  Instead, the money is sent to the favorite banks of the Fed (remember, the Federal Reserve is a private corporation, made up of…  banks).  Which really means, they give it to themselves.

As you can now see, QE and QE2 have absolutely nothing to do with “saving” the economy.  Indeed, the opposite is the truth.  The actions by the Fed make the continued degradation of economic situation of the USA a certainty.

When more Americans finally wake up, and understand the rampant theft that’s being committed by the Federal Reserve and their cronies, there will be Hell to pay.

Rothchild Engineer Giving Away UK Infrastructure to Foreign Corporations

PrisonPlanet.com

The Rothschild banking family is pushing for the privatization of the UK’s motorway network that would force Brits, who already pay road tax, to enrich the coffers of private corporations intimately tied in with the Rothschilds by means of road tolls and pay-by-mile schemes enforced with spy cameras.

“A plan to privatize the UK’s motorway network, giving toll firms access to large swaths of road, would take place under the guise of paying down the government’s debt, British media reported Tuesday, citing a number of key officials who support the scheme, proposed to all major political parties by NM Rothschild, one of the world’s oldest, most influential and little discussed investment banks, founded by the Rothschild family,” reports Raw Story.

Both Transport Secretary Philip Hammond and Business Secretary and UK Treasury Spokesman Vince Cable have signaled that the scheme will go ahead, formally handing over Britain’s infrastructure to transnational corporations and offshore banks at the behest of the most insidious gaggle of globalists ever to walk the earth.

The Rothschilds are perhaps the most larcenous banking family in history, a dynasty that has routinely made vast fortunes from economic collapses it personally engineered, such as the massive London stock market crash during the battle of Waterloo.

In June 1815, Nathan Rothschild, after being told by his agent that Wellington had defeated Napoleon at Waterloo, immediately dashed to London and ordered his agents to dump consuls. This triggered a selling panic, with traders believing that Wellington had lost. Only when stocks plummeted and could be bought for a song did it emerge that Wellington had in fact won, something that Rothschild knew all along, and by this point his agents had bought up cheap stocks for next to nothing. The stock market soared again and the Rothschild family made obscene profits, enabling them to become the richest family in the world.

This gargantuan Rothschild ploy was documented in the excellent documentary, The Money Masters. Watch a clip below.

The UK government is now laboring under record deficits and indebted to the same central bankers who control the country through the Bank of England, originally named the Company of the Bank of England, which was controlled by Nathan Rothschild, who once stated, “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”

Rothschild family members have wielded significant influence over the Bank of England through their service on the Bank’s Court of Directors over the years.

“The bank was behind many of the key privatisations of the 1980s and 1990s, including British Steel, British Gas and British Coal. It has close links to the Conservatives, having employed several senior Party figures including Lord Lamont, John Redwood and Lord Wakeham. Oliver Letwin, the former shadow chancellor, works there part-time,” reports the London Times.

Rothschilds have had significant influence of the British government in recent years through their close relationship with recent Business Secretary and influential Bilderberg member, Lord Mandelson, who is routinely photographed cavorting around with Rothschild family members on private yachts and in sports cars in luxury holiday resorts. Mandelson is widely loathed in Britain as a snobbish elitist and was forced to resign from the government on two separate occasions having been involved in numerous cover-ups and scandals, but just seems to keep getting back into power in one way or another.

Britons already pay road tax as well as local council tax which is supposed to go towards the cost of maintaining roads and motorways, but will be forced to pay even more on private-owned toll roads if this scheme goes ahead, having their living standards reduced yet further as a fresh wave of tax increases for the “middle class” is readied by the new government. The “middle class” is defined as anyone barely scraping a living, since the hikes will affect people who earn just £20,000 a year.

Critics have labeled the move a “shadow toll” and predicted a public backlash, which is a good thing because Brits will finally start to realize that it is private central bankers, and not puppet politicians who really control the country, and that internationalist crooks are selling Britain’s infrastructure to their offshore affiliates who will then reap the rewards from Brits being charged to use the roads they already pay for through a myriad of other taxes.