Ben Bernanke Money Printing Ends Up as Wall Street Bonuses

Started by Ognir, October 12, 2010, 01:47:36 PM

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Ognir

WSJ is reporting that bonuses on Wall Street this year are expected to be around $144 billion. How big is that relative to the overall economy?

ZeroHedge cranked out the numbers and it is 8% of the total money supply (as measured by M1). Got that? Investment bankers will control 8% of the entire money supply once bonuses are paid.

Now, there is nothing wrong with bankers earning good change as a result of dealmaking, but a good portion of the bonuses are the result of money being shoveled to bankers by Fed Chairman Ben Bernanke. Where's Bernanke getting the money to shovel to Wall Street? Why he is just printing it, that's what he does.

Over the last three months, M1 money supply has increased by 9.1% on an annualized basis. Got that? Investment bankers will get bonuses of 8% of the money supply, Bernanke is increasing the money supply at just over that amount. There is no better evidence that it is the crony part of Wall Street that is benefiting from Federal Reserve activities, and no one else.


http://www.economicpolicyjournal.com/20 ... up-as.html
Most zionists don't believe that God exists, but they do believe he promised them Palestine

- Ilan Pappe

CrackSmokeRepublican

Quote from: "Ognir"WSJ is reporting that bonuses on Wall Street this year are expected to be around $144 billion. How big is that relative to the overall economy?

ZeroHedge cranked out the numbers and it is 8% of the total money supply (as measured by M1). Got that? Investment bankers will control 8% of the entire money supply once bonuses are paid.

Now, there is nothing wrong with bankers earning good change as a result of dealmaking, but a good portion of the bonuses are the result of money being shoveled to bankers by Fed Chairman Ben Bernanke. Where's Bernanke getting the money to shovel to Wall Street? Why he is just printing it, that's what he does.

Over the last three months, M1 money supply has increased by 9.1% on an annualized basis. Got that? Investment bankers will get bonuses of 8% of the money supply, Bernanke is increasing the money supply at just over that amount. There is no better evidence that it is the crony part of Wall Street that is benefiting from Federal Reserve activities, and no one else.


http://www.economicpolicyjournal.com/20 ... up-as.html


And it looks like the Scamming J-Tribe is collectively set to get a monetary "Talmudic Reload" of Scammed Goyim Debt right on cue ...

QuoteFed Officials Were Prepared to Ease `Before Long,' Minutes Say

By Scott Lanman and Joshua Zumbrun - Oct 12, 2010 3:21 PM ET

New York Federal Reserve President William Dudley

William Dudley, president of the Federal Reserve Bank of New York. Photographer: Andrew Harrer/Bloomberg

Oct. 13 (Bloomberg) -- Axel Merk, president and chief investment officer of Merk Investments LLC, talks about the impact of Federal Reserve monetary policy on the U.S. dollar. The dollar traded near the weakest in 15 years against the yen and a record low versus the Swiss franc on speculation Fed officials will reiterate they are poised to increase bond purchases to support growth. Merk, who also discusses China's currency policy, speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Federal Reserve policy makers last month were prepared to ease monetary policy "before long" and focused on purchases of Treasury securities and boosting inflation expectations as ways to add stimulus.

Policy makers "wanted to consider further the most effective framework for calibrating and communicating any additional steps to provide such stimulus," the Fed said in minutes of the Sept. 21 session, released today in Washington. The Fed also said for the first time that it was considering targeting a path for the level of nominal gross domestic product as a way to increase price expectations.

The report provides more clarity on the timing and components of potential easing actions without giving the amount of any additional asset purchases by the Fed. Since the meeting, weaker-than-forecast job growth in September and comments by policy makers, including New York Fed President William Dudley, have fueled speculation that the central bank will soon start a second wave of unconventional easing.

http://www.bloomberg.com/news/2010-10-1 ... -show.html
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

Androgynus

With EVERY publicized media disclosure of yearly Wall Street  bonuses and stock-compensations...there's always the stock-explanation that their glaringly overly-generous amounts are supposedly crucial to holding on to bright and successful money-managing talent... Consequently also, the type of corporate "talent" drafted to guide the U.S. puppet-presidential administrations towards the continuing  imploding of the U.S. Dollar, de-industrializing the American economy, while expanding  globalism, global feudalism and more banking criminality..

Despite this "business-as-usual" Wall Street success-promoting--more and more of the underlying interconnected criminality is becoming unmistakeably apparent... Like the astronomical-proportions Derivatives scam-investing, the legalized "Bail-out" monetary-thievery corporate/banking transfers, the fraudulent monetizing of mortgage debts, bribery-based legislations, lunatic descriptive economic alibis...and on and on...

So much of this surfacing presently...that it's all is becoming REALLY OBVIOUS warning signs of imminent or near-future wide-scale, cascading global economic order collapse or correction (my sensed expectation). Perhaps also with some global catastrophic or war cover.

Maybe by bankster-plutocrat design...but also, quite likely with unplanned consequences for all (including the plutocrats)...

~~A~~
A Hive/Caste System is what Globalism/Zionism represent...and what, would Zionism amount to without it\'s controlled global banking networks!?...            


Androgynus

I have been influenced by the economic views of GCN commentator George Whitehurst Berry and Technical market-forecaster Frances Newton.

From such influences, I come to the opinion that the world community is possibly approaching a designed termination of a long-term economic expansion/contraction super-cycle. Quite possibly such a cycle began in the beginning of the 20th Century with "economic boom" expansionary event examples such as the illegal installation of the private U.S. Federal Reserve parasitic debt pumping, and the pre-Great Depression market activity in the America and Europe.

All the ongoing global militarism, currency de-stabilization, economic double-speak and inflation-pumping government-corporate colluding--strongly suggest intentional attempts to collapse such a super-cycle (imo).

How such an intentional collapse actually ensues (or it's point of no return) is difficult to precisely predict--simply because the-powers-that-be likely have so many options and covers for it's initiation.

~~A~~
A Hive/Caste System is what Globalism/Zionism represent...and what, would Zionism amount to without it\'s controlled global banking networks!?...