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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Jamey who wrote (25701)8/11/2007 7:08:53 PM
From: sea_urchin  Read Replies (2) of 81094
 
James > This is the BIG KAHUNA

The money never existed to start with so nothing was lost. The whole game is a David Copperfield, smoke and mirrors mirage based on bullshit.

> World Central Banks are admitting to a $300 billion liquidity injection, so it must be much higher

You miss the point. The exercise is about printing money and finding any excuse to do so. If they can print $300bn or a trillion, does it make a difference? The prices of all the assets, stocks, property, gold, you-name-it, went up in the first place because of the printing. Now they have fallen a bit but that will give them every excuse for more printing in future in order to stave off "disaster". Be ready for pictures of the 1930s on every TV channel.

This is a one trick pony and that trick is to print -- and print -- and print.

> the way I see it is to have several acres of land with family. Have a water well, generator, available trees for warmth and have everybody over twelve issued an automatic weapon with 10 clips and 1000 rounds of ammo and know how to use them.

Don't forget the bully beef -- and the sense of humor!
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