(AsiaNews) - Financial, not technical or weather factors are behind higher prices. Inflation is the by-product of huge liquidity injected into the markets by central banks, in particular the US Federal Reserve, as AsiaNews has pointed over the years. For a long time, the price of raw materials has for the most part not reflected the interaction of supply and demand for real goods. By far, the main factor in shaping the price of almost all raw materials is trading by financial operators who can quickly shift huge amounts of money from government bonds to securities, stocks and so-called goods. For those with the right connections, profits are huge and risks relatively low. Since they have access to almost unlimited resources, they can get what they want. Market values are systematically distorted in large measure, but not exclusively, by the ‘Plunge Protection Team’, a colloquial term used by newspapers for a little known body with an exclusive membership that has a major impact on markets. Set up in 1988, its official name is the President's Working Group on Financial Markets. It includes the secretary of the Treasury, the chairman of the Federal Reserve, the chairman of the Securities and Exchange Commission (SEC), and the chairman of the Commodity Futures Trading Commission. In addition, the Federal Open Market Committee (FOMC) of the Federal Reserve Bank of New York, which oversees the nation's open market operations, is now routinely involved as well. A small number of institutional groups rotate around the aforementioned bodies as well. They include big business banks, like Goldman Sachs and JP Morgan, and hedge funds. Movement of personnel between these institutional groups and big private groups are commonplace; thus, no one should be surprised if a handful of managers in charge of speculative funds can earn huge annual pays, a billion dollars just in fees in some cases.
read full story here
THE CATHOLIC KNIGHT: It has been said that when America catches a cold the world catches pneumonia. Our financial crisis in the United States, coupled by massive government spending, and the willingness of the Federal Reserve to float the debt with trillions of dollars in funny money, is now coming back to bite us. The world will suffer first, and then Americans are not far behind.
The riots currently going on around the world may have political underpinnings, but it is inflation and food shortages that has sparked them. These economic woes are in great part the direct result of our own government's criminal negligence.
7 comments; post here:
Where can I get information on the Minor Chastisement?
You can find it here - http://catholicknight.blogspot.com/p/catholic-prophecy.html
The U.S. government has simply become a collection of poser puppets for the banking family of the Rothschilds. The Rothschilds have been in enslaving the People of the US via the fraudulent criminal conspiracy known as the illegal, unConstitutional Federal Reserve. The entire US government is now simply a puppet of the Rothschild banking dynasty.
All I want to hear are three magic three letter words,
“End the Fed”
Every political candidate must be evaluated based upon this single all telling crucial issue. You are either with the People or you are with the Rothschilds and their agents, the international bankers.
This is the new American litmus test.
http://smashabanana.blogspot.com
TCK, I'm new here but I looked around and it's very informative. We are living in perilous times indeed. There is one web resource I'd be very interested in having you look at, but I need your permission to post a link to anything, as I do not spam. It has to do with Biblical prophecy and the Sionist conspiracy. There's a good deal about the Catholic church as well, some of which you may not agree with. Let me know if that's acceptable. Keep up the good work anyway.
The following policy applies to links as well...
"All comments will be moderated at the sole discretion of "The Catholic Knight." Mere submission of the comment form does not guarantee comment will be posted. Comments will be moderated based on appropriate language, topic, subject matter and relevance. "The Catholic Knight" is not obligated to post comments that slander the Catholic Church."
Thank you for providing the link and for explaining that you DO NOT subscribe to everything contained on the website. After a quick review I was able to determine that the website was both Dispensationalist and Anti-Catholic, as is typical the two are often linked together, and I was therefore unable to publish it.
It did however contains some interesting conspiracy theories, some of which are fully warranted, and some are not. Because of the Dispensationalism and Anti-Catholcism however, it makes it difficult to discern what is accurate and what isn't, which is another reason why I cannot publish it here.
If you haven't already read the link above in the "featured articles" entitled "the Catholic Church is Israel" than you may want to do so. It puts a lot of things into perspective.
TCK - I'm glad to hear you looked at it without first dismissing it outright. The main reason I brought it to your attention is because I feel it accounts very well for a lot of what is going on, especially the challenges the Catholic church is currently experiencing and is likely to in the future.
Post a Comment