Tuesday, September 18, 2012

Third Round of Money Printing

Recently, Fed chairman Bernanke announced QE3, the THIRD ROUND of printing money without anything valuable behind it. To those who don’t understand that, think about trillions of dollar bills COUNTERFEITED with nothing to back them up. Just a bunch of good-looking paper. Every dollar of which that gets circulated dilutes the money in your pocket by a little more. The actual result is that everything you buy costs more. Which means the government has STOLEN more money out of your pocket without having to go to the Congress and pass a law, Are you going to keep letting Obama and his gang of thieves rob you? Or are you going to get rid of them in November? (Bloomberg News)