$this->bbcode_second_pass_quote('', '[')url=http://www.thenewamerican.com/birchblog/index.php?entry=entry060306-214434]Dispossessing America (link)[/url]
... So the Fed is firing up its printing presses, or the cyber-equivalent, in order to ensure that the coterie of thieves and perverts we call a “government” remains liquid. This explains why the Fed has decided to stop publishing M3 data, oh, at about the same time the debt ceiling is to be raised and other gusher of greenbacks is scheduled to spout.
Think of it for a second. A kid who conveniently loses his report card isn't trying to hide his straight-A performance. In like manner, the Fed's intention in suppressing the M3 data is not to hide its austerity. Foreign holders of dollar-denominated instruments know full well that they're going to take a bath, but by discontinuing M3 reports the Fed can contain the damage – temporarily. ...



