Oh, Look at the Admission;

 

----- Original Message -----

From: Len Cranford

To: Richard Finley ; craig schommer ; ryder smith ; jb_campbell@yahoo.com ; patrick henry ; James Wickstrom ; darkmoon@darkmoon.me ; tommy ; Bill Conlin ; gvwyatt@gmail.com ; pseudoskylax@gmail.com

Sent: Wednesday, October 22, 2014 11:19 AM

Subject: Oh, Look at the Admission;

 

{Anyone with insider information on THIS could have made a TON of money! What if a Big Bankster told you that the Fed would REALLY hold the market up, no matter what? You could simply go long in Index Futures - very heavily margined, and hang on for the outrageously prosperous ride! That`s about what`s been going on;  Sneaky Theft indeed against Taxpayers.}

 

Oh Look At The Admission!  http://market-ticker.org/akcs-www?post=229523

 

Hoh hoh hoh hoh hoh hoh hoh....

By estimating that zero stimulus would be consistent with a 10 percent quarterly drop in equities, they calculate it takes around $200 billion from central banks each quarter to keep markets from selling off.

What?

Note that central bank "stimulus" is not real.  An example will suffice.

Let's say there are exactly two things in the world of economic value -- $100 and 100 bushels of corn.

What's the likely clearing price -- that is, what you would exchange one bushel of corn for?

$1, right?

Remember, other than time preference there is nothing else in the economy to express value through than corn and dollars.

Ok, so now the central banks simply double the number of dollars.  That is, there now exists $200.

What is now the likely clearing price for one bushel of corn?

$2.

So the "price" of markets "not selling off" is the theft of that $200 billion a quarter, or $800 billion a year, from you in the form of your purchasing power.  In other words that $800 billion a year is stolen from you.

If you were taxed to the tune of a few thousand dollars a year so people with stocks would not see the price of their stock decline, and it was literally given to those people who owned stock, you'd be outraged.  The lower-income people who can't afford to and don't own any stock would likely revolt -- and quite-possibly violently so.

So let's now have a full and fair discussion about your silent consent to this now-admitted theft......