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[nimblebear]

Everyone on the planet should read this article.

Not bc it makes a total fool out of one Ben Bernanke.

But bc it reveals what is NOT happening with all the QE, and so called monetary easing or printing.

You see, all of the fabricated money is mostly doing little except sitting on bankers books in the form of digital I's and O's, so they can maintain the mirage to everyone, that they are solvent. When in fact, not a single one of them are. All of the fabrication has been to produce an accounting fiction, to show that capital ratios are what they need to "be" to remain going concerns. The FED's done this, and logically so (it would seem to the naive or uneducated), to allow TIME to eventually erase all of the debt.

Unfortunately, no debt is being erased, because the system hasn't been allowed to cleanse itself. The banks aren't being allowed to go under, bc that would suck all the depositors down with them, and since we know the FDIC largely doesn't have a dime to its name, that means your money sitting in a bank, is far less safe than were it under a mattress.

Also, the housing situation cannot self correct, because homes are not properly being foreclosed, and tons of homes now sit empty, but not being released to market, and rather idling sitting on the Fed's books. More than $2 trillion worth of toxic, not marked to market debt. That doesn't include all of the other $17 trillion worth of home devaluation that hasn't been marked to market yet by the banks themselves, or via homeowners who are still occupying homes that they really have no business being in, since they aren't and haven't been making payments for 2,3 years and longer. And there are others dutifully making payments despite being woefully underwater, and will become moreso when this fully plays out, and home prices have to take yet another 30 to 50% hit.

The money that appears to be "going to stocks" is not the making of QE directly, but the trading mechanisms that allow banks, and other non-bank entities to make highly leveraged and speculative bets to attempt to erase their losses, and show profits. Unfortunately, any profits being shown, are ephemeral, because the banks haven't marked anything to market, and are still sitting on losses, or hiding some of those losses at the Fed, and via the false banking and accounting methods being perpetrated by the FED and all of the bankers.

So what nobody is really understanding or talking about, is this VOM thing, or velocity of money, that basically has near ZERO velocity right now as to compared to back before 2008, and without that, the charade has really very little staying power, and basically anyone being sucked into equities right now, is going to be paying a hefty hefty price, and is paying premiums they can't even fathom, bc in most cases none of the debt of banks and non-banks is really being counted. This applies equally to many corporations as well.

The VOM now IS worse than the depression, which is highly ironic, bc the so called "student of the depression", has apparently done exactly the wrong thing, and actually caused VOM to go to a virtual stand still. Intervention like this, and manipulation ALWAYS ends badly.

First you have to really understand the underlying dynamics, and then just stick to your guns.

Im going to be saddened by all the fools who have been sucked into this charade. Im sorry if that sounds bad, but many of the fools truly deserve it, because they all know the wrong thing is being done here, the immoral thing is being done, and yet everyone is turning their heads, looking away, or agreeing to what Ben is doing because the market keeps going up, and they can trade it using algo's and HFT's.

This may be early, but I certainly wouldn't be keeping too much money in any bank, other than that which you need to electronically transact with. There is just no putting a timetable on something like this, as its gone on far longer than most lies and manipulation could/should normally go on with, that are this deep and truly diabolical.


http://www.zerohedge...reat-depression