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To: carranza2 who wrote (89610)4/28/2012 7:12:28 PM
From: Maurice Winn1 Recommendation  Respond to of 218721
 
C2, when the $10 I had back in 1967 had lost nearly all its purchasing power 40 years later in 2007, that lost purchasing power went somewhere. It didn't just vanish from the human realm by magic. It went to the people who did the diluting of my $10 over the decades. They spent the money instead of me.

Use it or lose it is their mantra. They take a tithe like any mystical theocratic autocracy.

The particular technicality of who owns the mechanism doing the dilution is irrelevant. Whether it's a simple owner such as the Reserve Bank of New Zealand, which is a simple government department, or a complex load of malarkey like the USA Federal Reserve system is academic. The controllers of the pixelation process create out of thin air and spend on themselves and their buddies the pixelations which they produce. The dividends of 6% in the case of the USA system are part of their drain on the poor rubes who hold US$.

<The Fed has transferred a great deal of the purchasing power to themselves over the decades. >

Another way they transfer money to themselves is by creating a bunch of new pixels and lending them at 0% to their friends/themselves [the Treasury] who can lend it on at 2% to people who then lend it on at even higher rates. The interest on the loans is taxed so there's extra profit there too.

The rubes who save their money and get 0% for it, are going down the gurgler as their spending power is transferred like momentum by gravitational field. Those continuous tides on Earth causing by the gravitational fields of the sun and moon are a drag on our momentum as sure as the drag on the savings of people by the Fed who do their magic by pulling the levers of financial relativity theory to dilute said holders of money.

Don't worry and don't hold gold [other than as a short term speculation]. I'm going to fix it all. The process is well under way and is now unstoppable.

Mqurice



To: carranza2 who wrote (89610)4/29/2012 12:59:50 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) | Respond to of 218721
 
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