On June 3, 2009 Fed Chairman Ben Bernanke said the Fed would not monetize our debt. On November 3, 2010, the Fed announced the printing of $600-900 billion in new currency to purchase bondsdebt. You might be interested to know that the current world money supply of US dollars is $800 billion. The Fed just said it is going to double that. Printing money to buy debt is "monetizing the debt." America, we are screwed.

Verwandter Inhalt:

  1. Social Media – Internet Marketing
  2. Social Media Marketing Strategies by Xflavor Internet Marketing
  3. MJ Gottlieb – The Internet Marketing Myth
  4. A&M Wins Affiliated Distributor’s Affiliate of the Year Award in 2001 for Work at Ground Zero
  5. BootCamp Day 1 – The 8 Day "Don’t Be a Wussy" Formula – Successful Internet Marketing Strategies
Better Related Posts Plugin
Share and Enjoy: Diese Icons verlinken auf Bookmark Dienste bei denen Nutzer neue Inhalte finden und mit anderen teilen können.
  • MisterWong
  • Y!GG
  • Webnews
  • Digg
  • del.icio.us
  • StumbleUpon
  • Reddit
  • Facebook
  • TwitThis

Tagged with: • • • •

Filed under: Internet Marketing

Like this post? Subscribe to my RSS feed and get loads more!