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Peak Civilisation is in the rear view mirror for most humans on the planet. Economies, lifestyles & environment are declining almost everywhere. Overpopulation, resource depletion, pollution & energy decline continue to exacerbate the problems. Available net energy is the determinant of the quality & complexity of civilisation. As the inexpensive, easy to get energy sources decline, disorder in human systems & the biosphere will increase.. Entropy (disorder, randomness) increases.
Entropy Wins

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QE4 Please. We Just Started QE3 At $40 Billion Printed per Month. The Banks Want More.

wotfigo; You’d swear that they’re making this stuff up. But no; It’s quite serious. Never forget that printing money to prop up the banks, stimulate the economy & give the government & biggest corporations more income, is really a tax on the future. And as the future starts tomorrow guess when most of you start paying? And it will go on for generations. Printing money is transferring your present & future wealth to the big banks & big corporations. Thanks for coming.

QE4? The Big Wall Street Banks Are Already Complaining That QE3 Is Not Enough

QE3 has barely even started and some folks on Wall Street are already clamoring for QE4.  In fact, as you will read below, one equity strategist at Morgan Stanley says that he would not be “surprised” if the Federal Reserve announced another new round of money printing by the end of the year.  But this is what tends to happen when a financial system starts becoming addicted to easy money.  There is always a deep hunger for another “hit” of “currency meth”.  Federal Reserve Chairman Ben Bernanke was probably hoping that QE3 would satisfy the wolves on Wall Street for a while.  His promise to recklessly print 40 billion dollars a month and use it to buy mortgage-backed securities is being called “QEInfinity” by detractors.  During QE3, nearly half a trillion dollars a year will be added to the financial system until the Fed decides that it is time to stop.  This is so crazy that even former Federal Reserve officials are speaking out against it.  For example, former Federal Reserve chairman Paul Volcker says that QE3 is the “most extreme easing of monetary policy” that he could ever remember.  But the big Wall Street banks are never going to be satisfied.  If QE4 is announced, they will start calling for QE5.  As I noted in a previous article, quantitative easing tends to pump up the prices of financial assets such as stocks and commodities, and that is very good for Wall Street bankers.  So of course they want more quantitative easing.  They always want bigger profits and bigger bonus checks at the end of the year.

From; http://theeconomiccollapseblog.com/archives/qe4-the-big-wall-street-banks-are-already-complaining-that-qe3-is-not-enough

Posted on Tuesday, September 25th 2012

Tags printing money Economic Decline deflation