Federal Reserve Bleeds The Dollar To Keep Europe On Life Support For Another Week

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MARKETS SURGE AS FED/ECB/BOJ/BOE/SNB/BOC ANNOUNCE COORDINATED INTERVENTION

Business Insider
November 30, 2011

All the world’s central banks have just announced a big coordinated intervention to lower swap rates.

What does that mean?

Basically this: European banks have been parched for liquidity, and need access to dollars. The ECB can’t supply them dollars unless it borrows them from the Fed.

Essentially today’s action makes it easier for the ECB and thus European banks to borrow dollars.

It’s not a solution to the euro crisis by any means; it just means that the most acute liquidity problems will be mitigated for now.

The market is loving the news.

US markets had been down by 0.5% at one point this morning, but now futures are pointing to a 3% gain. Dow futures are up 2.83%.

Note that there are some other bullish things going on today. China lowered its Reserve Requirement Ratio also this morning, and we got a strong ADP jobs report.

So, lots of bullish action going on.


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21 Responses to “Federal Reserve Bleeds The Dollar To Keep Europe On Life Support For Another Week”

  1. we all know the stock market is of the devil .and anything to do with the devil aint good i think a world wide crash is being built up on purpose and i dont know that much about it other than it is pur evil

    Quantummonkeybutt Reply:
    November 30th, 2011 at 8:51 am

    “…i dont know that much about it other than it is…pure evil.”

    All I Can Say Is, WORD.

    Just Give Me A Good Pony, A Good Sidearm Rifle, A Whole Lot Of Open Country, And I’m The Happiest Man On Earth. I Guess For Now I’ll Have To Settle With Livin’ Here With You ‘City Slickers’ From The Intelligence (cough) Community…

    (www.) youtube.com/watch?v=1Zquk_DExKofeature=related

    QMB
    soft
    leather
    hands

    MvGuy Reply:
    November 30th, 2011 at 9:06 am

    “The Intelligence (cough) Community…”

    I love it…!!! You’ve made my morning…!!!

    wiggins Reply:
    November 30th, 2011 at 9:45 am

    They love it…the power ( that really doesn’t exist, unless we give it to them.)

  2. Those who worship mammon are behind this.
    Their greed and pride will be their downfall.

    billp Reply:
    November 30th, 2011 at 10:37 am

    At least Judas got 30 pieces of silver. They might have been those big 5oz pandas.

  3. Today 11.30.2011 – Gold $1744 – Silver $32.47 for an ounce. Every time the fed reserve bleeds the dollar the price of gold and silver fluctuates. Loaning dollars to Europe makes the price of gold and silver go down, also when the fed reserve injects or prints more money the price of gold and silver goes down, temporarily. After the initial shock to the system the price goes back up. So when the fed injects money into the system that is when you should buy gold and silver, if you can get your hands on it. Eventually the illusion of wealth of the dollar will disappear.

    billp Reply:
    November 30th, 2011 at 10:34 am

    Gold and silver will stay down as long as they can manipulate it. The time will come when they can’t. Of course there will be a lot of shit coming along with that price jump.

  4. These guys are really good. I can never think of what else I could do if I wanted to destroy the US than has already been done yet time after time they come up with something new. Let’s see them keep gold and silver down now.

  5. My sister asks me WHY the U.S. is “giving liquidity” to Europeans… I don’t know…??? To keep the NATO war machine rolling…??? Anyone else got any ideas..???

    billp Reply:
    November 30th, 2011 at 10:36 am

    You mean about what it means to give fiat “liquidity” to Europe or why they are doing it? Oh well, the answer is the same, “we’re fucked.”

    dhsn Reply:
    November 30th, 2011 at 11:38 am

    Following the orders of their massa, rottenchild. It’s the facade of debt that they will use to own everything in the US, from every National Park Forest, to every business, home farm.

  6. They are all part of the same machine. All Countries are owned by the NWO; it doesn’t matter how the money is spread around, it is all window dressing. THEY are shafting the Human Race full stop.

    between_the_lines Reply:
    November 30th, 2011 at 3:38 pm

    Exactly, Wiggins! It’s all the same people.The right hand is paying the left. That’s all.

  7. Shylocks help each other.

  8. Business Insider: “China lowered its Reserve Requirement Ratio also this morning”

    Between_the_lines:
    FRACTIONAL RESERVE BANKING IN CHINA
    [[http://www.bbc.co.uk/news/business-15962630
    30 November 2011
    China cuts bank reserve ratio from record high.
    In an unexpected move, China’s central bank said it would reduce the reserve limit from its record high of 21.5% to 21% on 5 December.]]

    A lot of people don’t realize that private banks in China have operated under the notorious fractional-reserve system for a long time, making them defacto issuers of Chinese currency. That means the government of China has long since abdicated its right to be the country’s sole issuer of currency. That’s why they have inflation. China is has not been a communist country for decades.

    between_the_lines Reply:
    November 30th, 2011 at 12:46 pm

    Most of those private banks in China are part foreign-owned, to boot. And those foreigners owners include the owners of all the central banks and currencies in the Western World.

    between_the_lines Reply:
    November 30th, 2011 at 12:47 pm

    TYPO, SHOULD READ: “And those foreign owners include the owners of all the central banks and currencies in the Western World.”

    Nebuchadnezzar Reply:
    November 30th, 2011 at 3:40 pm

    Quite interesting. Thank you a lot.
    But what about bonds?
    Do you think issuing bonds equals printing money?
    ********
    Another question:
    Why they want to control printing of money in China?
    China is governed by 30-50 powerful army Generals.
    1) Why they don’t try to print money just like private banks?
    2) Why never ever we see a fight between those army generals and the private banks?
    (The same about US. Why during the past 100 years, not a single admiral tried to fight off the banks?)

  9. Yes that is absolutely correct,you are the most correct on this forum,we all should thank you for your amazing knowlidge,sincerely,Jack,los angeles

  10. Executives at European banks are partying after getting the good news that their vaults will be full of more American dollars. Retirees are also in a party mood seeing that their pension funds are worth more. Only the poor remain depressed, they can only hope the party mood trickles down to them.

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