Re: greenspan....


abelard wrote:

>
> god knows if you will understand much of this..
>
> let's try again....the bank does not control interests rates....
> that's just fossil media and politico babble....
> the bank controls money supply...the markets control
> interest rates...(ie the bank controls interest rates by
> manipulating the money supply)
>
> let's propose to you that interests rates were hiked to
> 50%...what then?
>
> next step....what is money used for....
> answer...for trading....
>
> now...most well run central banks now try to control
> 'inflation' (not money supply)
> nest...the inflation figures are being heavily manipulated
> by governments...
> next....the government own the central bank..lock, stock
> and barrel....
>
> the governments try to get you to believe the rpi is
> inflation ( big lie)
> next....governments love inflation....
>
> inflation above ~3% destroys economies...last i looked real
> inflation in the uk was 9%+ (in the us next to nothing)
> next deflation has other problems....
>
> so...why do you want a much higher rate of interest in the usa?
> you want deflation? that's what you'd get....
>
> there is money 'out there'....in the case of the $....an absolute
> wall of money....people with any sense won't hold money...
> esp money that is being inflated hard...
>
> so they try to get it into assets....
> they see an asset rising...so they run towards it....
> eg gold this week....
>
> you want to control what people do with *their* money...ie you're
> a damned socialist...
>
> if they transfer sufficient to gold...and there is 'no' inflation...then
> house prices will fall....
>
> why do you care?
>
> you're eating...you have a cave....you have clothes?
> much of the rest is a game..a gambling casino to keep sheep
> occupied...
>
> so...why do you want higher interest...
> in fiat economies it is often smart to borrow...not to save
>
> why are you dedicated to saving?
>
> just what do you want and why?
>
> whatever it is....it is first wise to adjust to reality...
>
> like to ask an intelligent q. about greenspan's policies?
> in due course you might even get to understand the *why* of his actions
>

Good God, fraudy, once I decoded that, it actully made sense. You may
not know much about other things, but I'll give you this, you know how
money works.

Actually it shouldn't surprise me that much. You may be crazy, but
money matters must have been in there somewhere before you went mad.
Were you an investment banker or something in a former life? ..Maybe a
shylock loan shark like Vincent Palmer in "Get Shorty?" ...Going
Hollywood next?

Seriously, it did make sense..!

.

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