As Europe Implodes Because of The Black Hole of Debt People Are Moving Their Money Into US Dollars and Interest Rates on US Bonds Are Going Down, the Value of the US Dollar Is Going Up, the Stock Market Indexes Are Stumbling and The Cries From the Candy Asses on Wall Street For the Federal Reserve To Print Up Lots of Funny Money….AGAIN….To Bail Out the Wall Street Bastards….AGAIN….Is Getting Cranked Up…..AGAIN! – Just At the Moment When Inflation Is Stabilizing For the Things That Americans Buy Everyday in Their Lives…Think Food and Energy….The Fed May Crank-Up the Funny Money Printing Presses Again Which Would Be Nothing Less Than the Third Direct Attack on the American People in Just the Last Three Years!
Take it from people here at Mad As Hell And… that interact and talk with a lot of hard-working Americans on almost every day of the year…
Most Americans are working their asses off to provide for their families
….and they don’t have time to keep up with things going on all over the world right now like the Meltdown in Europe which is being driven by the Massive Amount of Debt that has been issued by European countries and stupidly bought up by European banks (and some very stupid American banks which are even stupider by writing insurance on all the European debt) which is causing a flood of money from Europe into America which is turning the US Treasury market into little more than a glorified money market fund where one can park their money while Europe implodes.
What does it matter to regular Americans that people around the world are moving money out of Europe and into US Treasury securities?
Well, all of this money moving into US Treasury securities has driven the interest rates on US bonds DOWN to record low rates and has driven the value of the US Dollar UP which has caused the price of commodities to go DOWN and has to some extent stalled the US equity market indexes which worries us here at Mad As Hell And… because the Candy Asses on Wall Street that count on lots of Funny Money printing by the Federal Reserve are now begging for the Fed to crank up the printing presses again at the very moment when the American People are getting a break from the rising prices of food and energy in recent years which has been primarily driven by….what else?
Lots of Funny Money printing by the Federal Reserve
Paul R. La Monica at CNNMoney details the attitude of the Candy Asses on Wall Street that always go running to “safe” investments….
Supposedly US Treasuries that we would not buy with YOUR money!
…in his latest….
….when stock indexes begin to stumble and no doubt across Wall Street and around Europe right now there are plenty of people that will be crying, whining and begging for the Federal Reserve to…
“Print More Funny Money Uncle Ben Bernanke!”