Yoshaviah Posted December 7, 2002 Report Share Posted December 7, 2002 Mr. Sinclair has been kind enough to offer some infromation about ESF operations: ". . . The difference between manipulation and stabilization is simply perspective. If your position was President of the United States or Secretary of the Treasury, the news that the US dollar was in free fall to a new low, gold was at the top of its recent range and the stock market had dropped 165 points, you would see an act to stabilize those markets as a patriotic duty. If you are long gold, short the Dow and short the dollar, you will scream manipulation. . ." - article Link to comment Share on other sites More sharing options...
Hypertiger Posted December 7, 2002 Report Share Posted December 7, 2002 Patriotic duty? If it was the President from the movie Independence Day I could believe that. But this president sits around his ranch in blue jeans with Dick and Condoleezza chowing down on tex mex while discussing policies that will lead to the deaths of millions of people. Manipulation to prolong sociopathic megalomania is not ?stabilization? or a Patriotic duty. Perspective is very important but equating Patriotic duty with the current administration is a fairy tale? It doesn?t matter who they install as the treasury secretary or what strings they decide to pull, it?s over. The Real economy, Which has been built up over the past 70 years, is broken, kaput, finished? Pumping (stabilizing) the markets does nothing for the real economy except accelerate it?s destruction. Until the President of the United States of America does his ?Patriotic duty? and comes up with a plan to Dissolve the Federal Reserve and start the process that will halt the economic degradation it?s game over? But lets say that I am wrong and the FED is dissolved then what is the answer? Still Game over, depression and collapse of the banking system. But maybe something better (more stable) could be created. I doubt it? Nobody will ever figure out that fractional reserve banking is designed to collapse. It's not about mismanagement or perspective or Patriotic duty. Phase 1 of fractional banking = Debt Inflation Once the maximum potential for Debt inflation is reached then... Phase 2 of fractional banking begins = Debt deflation (You/we are here) At some point the Infrastructure of inflation starts to collapse which leads to... Phase 3 "Bank"ruptcy and collapse of the banking system. Easy as 1,2,3 Everytime without exception... No escape is possible. Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 7, 2002 Author Report Share Posted December 7, 2002 Stop being so negative. One day you'll wake up and find an extra $1000 in your checking account. You'll inquire at the bank as to why, and they'll reply, "a gift from Al with love." Link to comment Share on other sites More sharing options...
Hypertiger Posted December 8, 2002 Report Share Posted December 8, 2002 Take the money and run... Link to comment Share on other sites More sharing options...
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