Flipping and flopping supply of the Great Game and great games delivers grand sub-prime con games
And the BoE has told us how it will be reversed.
Currently, those QE bonds they've bought mature, a bit at a time. So, currently, they buy more to keep the stock stable as they do mature. At some point they'll stop doing that. And so as they do mature, in order to roll them over (the British government very rarely indeed repays actual debt) the government will have to sell new bonds out into the market in order to pay the BoE. Who then accept the money and cancel it, thus reversing QE.
Of course, if there is inherent base deception in the plan are all bets off, and all hell can and therefore will break loose in the madness and mayhem of markets in manipulation and executive maladministration, Tim.
"Right. Willingness to spend is called 'velocity.' For inflation to happen, there has to be both. Money and velocity*."
"So why are there different kinds of money?"
"Different velocities. Cash in someone's pocket gets spent faster than in a six-month CD. So their velocities are different. Money supply's a mix, not just a single number. M0, M1, M2**are all attempts to describe that mix."
"And the Fed controls them all?"
"Probably not. Not easily, anyway. Interest rates let them do it for short-term money. But not bonds. Control's a lot harder there."
"But they do control it?"
"With difficulty. Great difficulty."
"How?"
"Deception."
"Sir?"
"They lie, Will." Good, got his name right. "If they want people to spend money faster, they make everyone think inflation's just around the corner. Want it socked away? Make everyone think deflation's about to hit. It's a game. A confidence game."
"Like a con game?"
"Sort of. Make people confident their money will be worth more tomorrow and they'll save it. Convince them it'll be worth less and they'll spend it. Control confidence and you control velocity."
"And the Fed lies to do this?"
"Misleads. Misleads is a better word."
"They don't lie?"
"Sometimes. When they have to. But deception is better. Honest deception."
"They trick people?"
If news/media/information/intelligence do not show you the truth, are you conned and living in virtual reality projects being daily reprogrammed, and currently being done extremely badly? What continuities and dynamic projects are you part of the scenery and/or qubit players in?
And is IT for real war in those spaces and unbelievably lucrative and rewarding and creative and disruptive and destructive too?
...........................................................
Thanks for sharing "Thieves Emporium" with all of us partaking of the fruits from the trees of all knowledge here on the Daily Bell, Max. Such is certainly opening more than just a few minds to the much bigger picture being fought over for the rights to paint the future with IT .......
If news/media/information/intelligence do not show you the truth, are you conned and living in virtual reality projects being daily reprogrammed, and currently being done extremely badly? What continuities and dynamic projects are you part of the scenery and/or qubit players in?
..............................................................
From: "Graham C."
Subject: Forewarned and Forearmed is a Nice Place to Be At
Date: 17 August 2015 07:53:32 BST
To: jya@pipeline.com
John, Hi,
Regarding what’s yet to come, whether it be via leaky NSA spy files or whatever …. this is, is IT not, the/a New Orderly World Order Field for Endeavours with Glorious Opportunities in Knowledge and Hindsight …..
If news/media/information/intelligence do not show you the truth, are you conned and living in virtual reality projects being daily reprogrammed, and currently being done extremely badly? What continuities and dynamic projects are you part of the scenery and/or qubit players in?
And is IT for real war in those spaces and unbelievably lucrative and rewarding and creative and disruptive and destructive too?
And to deny and/or disbelieve it be so, affords and presents an immaculate stealth and perfect defence to all adept APT and ACTive virtual attack forces and sources.:-)
There’s considerably more than just a huge number of great new deals going on out there, John, with practically all of it exciting and some of it terrifying and exhausting to boot and root and route.
Have a Nice [0]Day.
...........................................................