This is why we need the death penalty...

[mistermack]

To mistermack

There are two ways you can get away with printing more money without devaluing the currency.

1. You can print just enough to match the growth in GDP, which is what most nations try to do.

2. Uniquely to the USA, a lot more than that is printed (3 times, in fact) by selling the excess to other nations.

Where the hell is your link or quote for this ''fact'' ?

I'm not going to research it as you obviously have a solid source, or you wouldn't post it, would you?

But the link that I posted earlier specifically said that the US was NOT printing money. Even in the headline.

Another persistent view about QE that’s popular even inside the crowd that is properly skeptical of it is the notion that QE amounts to “money printing.” It does not. To be clear, the Federal Reserve has not been printing money. It hasn’t needed to, and that’s where the horrors of the Fed’s machinations become most apparent.

And :

What about the supposed “money printing” by the Fed? There’s once again no such thing occurring. Instead, the Fed is able to engage in its program of quantitative easing thanks to its 25 basis point payments for bank reserves. With the funds borrowed from banks, the Fed has the means to purchase all manner of Treasuries and mortgage bonds.

And Forbes seem to have a reputation in the financial world.
http://www.forbes.com/sites/johntamny/2 ... uch-worse/

So who do I believe? You, or a respected financial journal? That's a tricky one.
So a link to your source would be great.

[Blind groper]

Mistermack

Technically the journal is correct, since it is not the Feds printing money. In fact, 'printing' is not the correct word ayway, since most money is generated by computers, and never gets printed.

The extra money being created is being created by the banking sector. Same difference.

[Seth]

Fortunately, Seth, things are changing. Other currencies such as the Euro are coming into play as international trading currencies. I wonder what will happen to the American economy when it is no longer able to suck on other nation's jugulars?

Global thermonuclear war...we don't like losing, and if we don't win, nobody wins.

You've already lost, you just don't know it.

I'm still breathing so I haven't lost just yet.

[rainbow]

Fortunately, Seth, things are changing. Other currencies such as the Euro are coming into play as international trading currencies. I wonder what will happen to the American economy when it is no longer able to suck on other nation's jugulars?

Global thermonuclear war...we don't like losing, and if we don't win, nobody wins.

You've already lost, you just don't know it.

I'm still breathing so I haven't lost just yet.

Slaves breathe, but they are still slaves.

[mistermack]

Mistermack

Technically the journal is correct, since it is not the Feds printing money. In fact, 'printing' is not the correct word ayway, since most money is generated by computers, and never gets printed.

The extra money being created is being created by the banking sector. Same difference.

Still no link or quoted source.
How does a private bank create a dollar? I thought that only the Federal Reserve could do that, either as actual cash, or as securities such as treasury bonds.

[Seth]

Fortunately, Seth, things are changing. Other currencies such as the Euro are coming into play as international trading currencies. I wonder what will happen to the American economy when it is no longer able to suck on other nation's jugulars?

Global thermonuclear war...we don't like losing, and if we don't win, nobody wins.

You've already lost, you just don't know it.

I'm still breathing so I haven't lost just yet.

Slaves breathe, but they are still slaves.

Slaves don't carry guns. I do.

[Xamonas Chegwé]

Slaves don't carry guns. I do.

Which should come in handy against a despotic government that has ICBMs.

[Tero]

I'm planning to buy some discount robots, when they become available. My robots will be armed slaves of mine. One will accompany me at all times and Seth with his peashooter will be no threat. My robots will also drive for me, and push the car out of the ditch.

Execute my robot if you can!

[Thumpalumpacus]

I'm not really sure that selling drugs should be a capital offense. Me, I reckon if you buy and use those drugs, you own a little responsibility for yourself. It ain't like that drug lord is pushing the needle in at gunpoint.

[Seth]

Slaves don't carry guns. I do.

Which should come in handy against a despotic government that has ICBMs.

"Intercontinental" is the operative word here. It's hard to target one person with such a device.

[Xamonas Chegwé]

Slaves don't carry guns. I do.

Which should come in handy against a despotic government that has ICBMs.

"Intercontinental" is the operative word here. It's hard to target one person with such a device.

True. But they've got fighter jets for such precision work. And tanks. And... let's face it, arming the populace to resist a potentially tyrannical government is a complete fucking myth! "The people" would not stand a chance if the federal gov went all North Korea on your asses!

[JimC]

More to the point, no US government is realistically going to attempt such a totalitarian take-over...

Except in the fevered imaginations of certain delusional, paranoid individuals...

[Seth]

Slaves don't carry guns. I do.

Which should come in handy against a despotic government that has ICBMs.

"Intercontinental" is the operative word here. It's hard to target one person with such a device.

True. But they've got fighter jets for such precision work. And tanks. And... let's face it, arming the populace to resist a potentially tyrannical government is a complete fucking myth! "The people" would not stand a chance if the federal gov went all North Korea on your asses!

You go right on thinking that and I'll go right on stockpiling weapons and ammunition. I won't be seeing you afterwards because you'll certainly be dead whereas I may only possibly be dead.

[Xamonas Chegwé]

Slaves don't carry guns. I do.

Which should come in handy against a despotic government that has ICBMs.

"Intercontinental" is the operative word here. It's hard to target one person with such a device.

True. But they've got fighter jets for such precision work. And tanks. And... let's face it, arming the populace to resist a potentially tyrannical government is a complete fucking myth! "The people" would not stand a chance if the federal gov went all North Korea on your asses!

You go right on thinking that and I'll go right on stockpiling weapons and ammunition. I won't be seeing you afterwards because you'll certainly be dead whereas I may only possibly be dead.

I don't live in your country.

[Thumpalumpacus]

Red Dawn was a movie. It was only a movie.