Look who is printing now

Friedrich Dominicus — Thu, 01 Mar 2012 05:09:00 GMT

Obviously the ECB could not stand the misery of the FED alone. This poor guy, just think printing money will solve the problem caused by too much money. (too much cheap money indeed). And so the ECB in it's own mercy decided: "We print money also", an offered a three year long tender at an interest near zero. The sum is now well above 1.2 trillion. Money not saved, just introduced by the supermen/superwomen of the central banks.

So the plan must be to ruin the currencies completely. The do not stop credit expansion but adding to it way to much. It should prolong the illness and or prepared for the total break-down. Why they do that? Well it's the believe that you can generate money out of the blue and nobody should notice. Well you can see where it ends. We know have much higher market prices for nearly everything. Are the shareholders that much richer? No they are not they just get more calculation units as before.

The reason of this money printing is most charming. Working against some credit crunch. Ah yes that's our problem too less credit, or not? If a private company would make such manipulation, they would go out of business, but the beneficial (for Deledefs) central bankers, see themselves as the last frontier to barbarism. Central banks suck.

What can you do to end the misery?

Friedrich Dominicus — Sat, 26 Nov 2011 09:36:00 GMT

Well you may ask (I asked more than once ;-) what you can do to end the misery. If you ask which misery, this entry is not for your. It's for those you think we should do as much harm to the current system of vermin.

Can we really do something against them? Yes. We can, we can't with votes that's for sure. At least in Germany the congressman can do whatever they want during their active time. Even if you won't choose for them they might have a place on the party list. Will say if you vote for CDU you will get Merkel even if they just get 10 % because she probably is first or among the first on the party list. So harming inept deledefs is a thing you can forget here in Germany.

You can try to vote for another party. But the only parties we have a social democratic to socialists. There's not really any choice for non-left-minds.

So far so bad, but they have a big decades long problem. They do not have enough money, for all their undertakings and so they need the trust in states as debtors. And that is where we really can do something. The simplest thing is not to by any bonds of any government any more. Is that a loss? No hardly, you can buy bonds of corporations. And this is what everyone should do. Buying real values via equities. (I suggest not buying equties of banks because the work with government to make the savers the idiots. So you can buy shares or bonds of everything in industry, farming etc.

This is what I've done some years ago: http://fdominicus.blogspot.com/2009/10/done-i-sold-last-asset-from-country.html. And because I've no bonds of any government I do not have any loses. So that's seems to be a good deal. The other think I suggest do do is buying real values. Your money can be inflated, the real values only to small extends maybe even not at all.

You should also write to every congressmen that he/she should work on abolishing the central banks and go back to money as value not money as debt. They will not give in voluntarily but just keep the pressure up and one day they will have to agree. Sound money is the base for sound business and vs. you can not have a sound business without sound money.

F Dominicus Blog : misery

Look who is printing now

What can you do to end the misery?