Anti-government bias:

iVillage Member
Registered: 02-15-2007
Anti-government bias:
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Fri, 01-13-2012 - 5:46pm

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iVillage Member
Registered: 02-05-2011
Sun, 01-29-2012 - 12:23pm
The Federal Reserve is buying debt at far below market rates. As the Federal Reserve creates money out of nothing to achieve this, it seems the rates are artificially low.

Inflation numbers used by the Federal Reserve and Treasury greatly understate the problem. The cure for high inflation is very tight monetary policy. I lived through the Nixon and Carter inflation spikes, and though the Reagan and Volker cure. Inflation is very bad, and the cure is painful. No current candidate has the gravitas of Reagan to put us through the cure for the Obama / Bernanke inflation we are experiencing imo.

Yes, Bernanke is fighting the depression of 1930 and plans to keep cash flowing to prevent 1933 from happening. Unfortunately, this isn't 1929, and we aren't facing 1933 again. The tools used by the government for public consumption are weak and erroneous imo.

Have you checked prices at your local super market lately? It's prices for everything, that are causing anti-government hostility. Government controls our currency, most know that. The value of our currency is in decline, our best help of late has been Europe crashing faster than the U.S. As Obama wants the U.S. to be more like Europe, we'll soon be following. :(
iVillage Member
Registered: 02-15-2007
Mon, 01-30-2012 - 10:50am

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