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The Federal Reserve - the great American scam 
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Joined: Wed May 04, 2011 5:40 pm
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Post Re: The Federal Reserve - the great American scam
Why do you even ask? You have the quote. You also know DigIn (DigitalIndustry, or Kolin Evans, administrator of the Quark forum) admitted publicly on the Quark forum that he would reimburse anyone "donating" to Bill Still's Quark account twice what they donated. He was essentially bribing people to bribe Bill Still! If he would go to these scheming lengths, it's a pretty sure bet that some or all of the big bribes (in 50,000 Quark amounts) that appeared in Bill Still's Quark account came from DigIn.

Bill Still never said a word about all those Quarks streaming into his possession as he began to hype Quarks, causing the value of all Quarks (including his) to spike upwards. Oh, he did make a disclaimer that he was "invested" in Quark, but that's not quite the same thing as saying he was paid off by Quark founders to pump up the price of Quarks.

So yeah, the ethics of the one doing the bribing and the one accepting the bribe are pretty much on equal par, wouldn't you say?

So he's a fraud and a sociopath?

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Sun Jun 01, 2014 4:13 am
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Post Re: The Federal Reserve - the great American scam
andywight wrote:
So Bill Still is not only a fraud, but also a sociopath?

Andy, there's not much I can do about your reading comprehension problem. Perhaps if you read the paragraph over and over again, concentrating on the meaning being conveyed by the words and the sentences, you will eventually understand that I called Bill Still unethical for accepting the bribe, and that DigIn, who is a sociopath, has ethics of the same caliber for having arranged the bribe:

All those "donations" surely helped Bill think it over. And yes Bill, it does make you a self-interested market manipulator of poor moral character. Your ethics are clearly on par with sociopath DigIn, who dreamed up this whole unethical scheme, who laughs it off and sees nothing whatsoever wrong with it. Insider trading is taken for granted nowadays, doncha know. Crime is the new norm.

Good luck, Andy. I sure hope it works, because then you won't need to waste our forum space with so many stupid questions!

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Sun Jun 01, 2014 5:28 am
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I sure hope it works, because then you won't need to waste our forum space with so many stupid questions!

This apparent misunderstanding can easily be cleared up by you simply explaining what it means to state someones ethics are clearly on par with sociopath!

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Sun Jun 01, 2014 5:48 am
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Post Re: The Federal Reserve - the great American scam
andywight wrote:
This apparent misunderstanding can easily be cleared up by you simply explaining what it means to state someones ethics are clearly on par with sociopath!

And now you want to change it into an "apparent misunderstanding"! :lol: :lol: :lol:

Is that really you, Andy, or am I dealing with Bill Clinton?

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Sun Jun 01, 2014 6:15 am
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Post Re: The Federal Reserve - the great American scam
andywight wrote:
This apparent misunderstanding can easily be cleared up by you simply explaining what it means to state someones ethics are clearly on par with sociopath!

And now you want to change it into an "apparent misunderstanding"! :lol: :lol: :lol:

Is that really you, Andy, or am I dealing with Bill Clinton?

Again for the record, Chicodoodoo has failed to explain his nonsense!

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Sun Jun 01, 2014 12:32 pm
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End the Fed. Liberty and justice for all. Sociopaths must not rule.



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Thu Jul 10, 2014 6:12 am
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There just going to collapse the fed and turn it into some other ponzie crypt north american currency. Its not going to do squat, but kill a bunch of people in a civil war...

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Thu Jul 10, 2014 9:36 am
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This film from Aaron Russo is still a prophetic classic which probably cost him his life.



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Thu Jul 10, 2014 8:05 pm
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You shouldn't miss Aaron Russo talking about what he learned from his friend, Nick Rockefeller. It's kind of important, and it helps you get inside the minds of the ruling sociopaths, the same people who came up with the Federal Reserve scheme.



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Sat Jul 12, 2014 3:11 am
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What does the Federal Reserve study when its members get together? They call it economics, but it is really all about controlling the wage slaves. Wage slaves are people that work for money, people like you and me. The money is created out of nothing, at no cost, by the Federal Reserve. That makes the Federal Reserve our Master. When you are the Master of the "plantation" where the wage slaves work, you spend a lot of time studying how the slaves will behave. If there is a probability that the slaves will rise up and revolt, you want to know about it before it begins so you can take measures to prevent such a catastrophe. After all, it is probably your neck at risk. Slaves tend to blame their troubles on their Masters, and rightfully so.

So here is what the Federal Reserve has been studying this year (2014). Ordinary people will not be able to make much sense out of it, and that is by design. The Fed doesn't want the wage slaves to understand this stuff. They use the most obfuscating language they can to confuse the ordinary people (reminds me of Zook). Here's an example, and this is just the Introduction:

Quote:
Individual-level data on wage changes as well as survey-based evidence on wage setting show that nominal cuts to pay are rare, suggesting that wages are downwardly rigid. Tobin (1972) argued that such downward nominal wage rigidities induce a long-run, or steady-state, trade-off between inflation and unemployment. Subsequent theoretical studies have formalized Tobin’s argument in the context of a long-run Phillips curve that plots average inflation against the average unemployment rate. The key finding from this work is that the long-run Phillips curve is nearly vertical at high inflation and flattens out at low inflation, implying progressively larger output costs of reducing inflation. However, even at low inflation, the long-run trade-off is not very big, at least for levels of downward wage rigidities commonly observed in the U.S.

That makes sense, doesn't it? Believe me, it gets much, much worse.

What's a Phillips curve? It shows an inverse relationship between money wage rate changes and unemployment. We know unemployment is when people can't find jobs. The money wage rate is the number of dollars that an hour of labor earns. If the money wage rate changes upward over time, we can call it inflation -- you are paid more and more for an hour of work. That has been the case during all of my adult life. In 1978, I was paid an astounding $10/hour to demonstrate trampolines (when minimum wage was $2.65/hour). In 2000, I was paid an astounding $90/hour to be a technical secretary (when minimum wage was $5.15/hour). As you can see from what I was paid (and also from the minimum wage), the money wage rate was increasing. There was inflation going on. So the Phillips curve suggests that when people are being paid more and more to work for an hour, there are usually plenty of jobs up for grabs (meaning little unemployment). Why this should be the case is not clear, it is simply what has been historically observed. I suspect it is a characteristic of the human dynamics involved in societal group behavior. This social anomaly is put to good use by the ruling sociopaths, con-artists that they are, to keep the slaves distracted and deceived so they won't revolt. That explains why a dollar today buys what two cents bought 100 years ago, when the Federal Reserve was just starting its "little" con-game. Wage inflation makes the slaves think they are making more and more money for the same hour of work, because they are, but they don't realize that same money buys less and less, so the real effect is a wash at best and thievery at worst. If you understand sociopaths, you will realize it was not only thievery, but monumental thievery.

We saw the Introduction, so what was the Conclusion?

Quote:
Second, recessions result in substantial pent up wage deflation. This leads to a simultaneous deceleration of wage inflation and a decline in the unemployment rate during the ensuing recovery period. This bending of the Phillips curve is especially pronounced in a low inflationary environment. We interpret our empirical work and model simulations as evidence that downward nominal wage rigidities are an important force shaping the dynamics of unemployment, wage growth, and inflation during and after the last three U.S. recessions.

So here it is in plain English. During economic recessions, pressure rises to pay people less (Duh! Too many people are unemployed and desperate!) while inflation slows but doesn't go away (because inflation is the primary symptom of the Fed's monetary con-game of free money creation!). Things get better by not getting worse as fast. Thank goodness for that, eh? So our brainiacs here interpret the reluctance of wage slaves to accept less money for their work even during a recession as an "important force".

Stupid nitwits, you had better believe the slaves are an important force! You'll see how important if they ever decide to take back their freedom!

Check out "Appendix A: Mathematical details" for all the fancy footwork and obfuscation involved in coming to this obvious conclusion. :face:

Hmmm.... Did the old fogies of the Federal Reserve just get conned by some young whipper-snappers throwing calculus around like cotton candy?

Not really. You see, the Fed paid for this study with Federal Reserve Notes that they created effortlessly out of thin air.

See how good the scam is?

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Wed Sep 17, 2014 6:27 am
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