Federal Reserve Orders Two Trillion Dollars To Be Printed and Put into Circulation!

Submitted by Bill St. Clair on Sun, 09 Apr 2006 03:22:11 GMT  <== Politics ==> 

The Four Winds - dated March 29. The Federal Reserve no longer publishes "M3" data, telling how much currency is in circulation, so they thought they could get away with this massively inflationary move. Yikes. [clairefiles]

Three separate sources in the U.S. Treasury have told me that this week,
the federal reserve ordered TWO TRILLION dollars to be printed! The U.S.
Treasury is allegedly running printing presses 24/7 to accommodate that
order. *Treasury employees were specifically ORDERED not to talk about this
to anyone because it could cause economic collapse.*

Even worse, I was also told that the whole Immigration Amnesty Debate
(especially the well-funded well-attended protests) was deliberately
scheduled to take place now, _to divert attention_ from this massive
printing/devaluation of the U.S. Dollar. The feds allegedly figured that by
the time anyone found out, they could smooth things over. They figured
wrong. Surprise, boys, you've been exposed!

NY gold touches $600 an oz, silver scales $12 - April 6 article by Zach Howard at Reuters. Blames oil prices for the jump. It's more likley a response to all the worthless paper. [google]

Add comment Edit post Add post

Comments (2):

Printed dollars appear in M0

Submitted by Don Galt on Tue, 11 Apr 2006 21:30:57 GMT

Printed dollars appear in M0 or M1, so if this rumor were true, this new money would show up immediately. I don't know, or trust, why they are no longer reporting M3, but if they are hiding money supply growth by not reporting M3, its not via the mechanism of printing cash.

Don Galt

Edit comment

Thanks. Somebody said that

Submitted by Bill St. Clair on Tue, 11 Apr 2006 21:48:12 GMT

Thanks. Somebody said that on the Clairefiles board, too. Guess this story is likely bogus.

Edit comment