What's really behind the Fed tapering

[sellersm]

In light of some of the threads about precious metals & $$$$, I offer this article. Lots of truth in it! If you don't know who Carroll Quigley is, and why you should care, it's time to do your homework.

http://www.alt-market.com/articles/1...-reserve-taper

Here's a snippet, first quote from the article:

"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank... sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." - Carroll Quigley, member of the Council on Foreign Relations

If one wishes to truly understand the actions behind private Federal Reserve policy, one must come to terms with a fundamental reality – everything the Fed does it does for a reason, and the most apparent reasons are not always the primary reasons. If you think that the Fed simply acts on impulsive stupidity or hubris, then you haven't a clue what is going on. If you think the Fed only does what it does in order to hide the numerous negative aspects of our current economy, then you only know half the story. If you think the Fed does not have a plan, then you are sorely mistaken...

[HoneyBadger]

Thanks for sharing. Now if only we could get more people to do their homework...

[<MADDOG>]

Interesting reading, and one of the few articles I have seen mentioning the B.I.S.

I do find the debt/GDP argument repetitive however. If this a true indicator of doom, how has Japan lasted as long as it has?

I also be curious if there "dots" drawn to the petrodollar, China, and gold? That series of events seems more realistic than the Rockefellers, Rothschilds, et al, planning a "one world order", which is where this article leads

[sellersm]

Interesting reading, and one of the few articles I have seen mentioning the B.I.S.

I do find the debt/GDP argument repetitive however. If this a true indicator of doom, how has Japan lasted as long as it has?

I also be curious if there "dots" drawn to the petrodollar, China, and gold? That series of events seems more realistic than the Rockefellers, Rothschilds, et al, planning a "one world order", which is where this article leads

No offense intended, but it's time for more homework. That is indeed the plan, in fact there's a power behind the people you mentioned that's not directly mentioned in the article.

Again, start with Quigley...

Extra credit question: who can name the recent only 2 Presidents that weren't part of the COFR?


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[<MADDOG>]

No offense intended, but it's time for more homework. That is indeed the plan, in fact there's a power behind the people you mentioned that's not directly mentioned in the article....[/URL]

No offence taken.

However; if this global conspiracy theory(s) is/are true, why are we even looking at PM's? Just crack a beer open and watch the world go by, there isn't a damn thing you can do to prepare for it...

[earplug]

THE CREATURE FROM JEKYLL ISLAND covers much of the connections . Its a excellent read. Good Christmas gift.

[Skip]

It's a good read and I appreciate it. But it is speculative.

The other theory I've heard (Zerohedge) is that the Fed's back is against the wall. Very little of QE-I is making its way to Main St, all it is doing is making the "rich" richer while increasing the cost of living for everyone else through inflation.

I don't know...

But what I think anyone who is thinking clearly can agree on is that the instability in the economy has not been resolved. And that means a correction is lurking just waiting to strike.

[Irving]

Is Kennedy one of them?

[Jumpstart]

Is Kennedy one of them?

Reagan and Eisenhower?

[lowbeyond]

The Fed exists to prop up/enrich it's member banks. Taking their vig and never have to take a loss due to the private profits and socialized losses doctrine is working out just fine for them

Americans seem to love this model, after all how many stopped doing biz with the tbtf banks after the express bailout in tarp, and the continued trillion or so a year subsidy via the Fed and qe to them?

Not many.