Conservative Daily News - The best news, analysis and opinion articles written by a collection of citizen journalists. Covering a range of important topics in blogs, op-ed, and news posts, these upstanding patriots are bringing back American exceptionalism with every entry..

Federal Reserve Struggling to Create Inflation

You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Federal Reserve Struggling to Create Inflation”.

Conservative Daily News allows a great deal of latitude in the topics contributors choose and their approaches to the content. This is due to our approach that citizens have a voice, not only the mass media. Readers will likely not agree with every contributor or every post, but find reasons to think about the topic and respond with comments. We value differing opinions as well as those that agree. Opinions of contributors are their own and do not necessarily reflect those of CDN, Anomalous Media or staff. Click here if you'd like to write for CDN.
Put This Story in your Circles and Share with your Friends

Tags: , , , ,

Comments (0)

Trackback URL | Comments RSS Feed

  1. olde reb says:

    The national economy, since 1913, is based upon a Ponzi scheme.

    Every “dollar” in circulation is created based upon debt. Congress gives T-securities (bills, bonds, or notes) to the Federal Reserve, and the Fed credits the Treasury’s account with the value of the securities. Voila !!! New fiat money. Congress can spend up to the limit of the account and the Fed will honor the checks.

    The problem is that the arrangement obligates the US to pay interest on the principal thus generated. The interest has never been generated. It does not exist. It is impossible to culminate the agreement. The only way the interest can be paid is to generate more principal and pay the interest on the initial securities from the principal on the later securities. It is the classic Ponzi, par excellence.

    If a Ponzi scheme does not expand, it totally collapses. Additional expanding at this time merely postpones the inevitable collapse.

    Additional expounding on the mathematical rip-off by the Fed, including how the Fed obtains the ENTIRE VALUE of ALL issued securities is posted at http://www.scribd.com/doc/43482648/rip-off-by-the-FR
    and http://www.scribd.com/doc/43465593/QE2-Rational-Course-of-Action