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Peace.

Wednesday, June 15, 2011

The Fed: Time For 20 Years Of Prison For Bernanke

This is why retirement accounts and 401ks are shams. I'll just reiterate,

"2% over 40 years (the average working stiff's time in the employment marketplace) results in a price index that is 239% of where it was on your first day of work.

Put a different way, such a "target", if met, results in a 58% debasement in your purchasing power over your working life."

And, 2% is a low ball figure. Since they lie and don't include food or gas in their calculations. So it's much worst than that. You lose half of your labor just by participating in this scam. I'll wager, if you recalculate based on real inflation, and take into account stock market crashes, etc., they are taking 75% of your wealth that you generate. Scam. Sham.

Arrest the Banksters.

Physical gold and silver will protect you. Wealth storage.

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The Fed: Time For 20 Years Of Prison For Bernanke

http://market-ticker.org/akcs-www?post=188198

The FOMC would probably target headline inflation if it moved to an explicit goal, Meyer said. Two percent would be the most likely target, and the time period over which policy makers expect to achieve it will likely be the “medium term,” a vague horizon that makes clear this is not a goal for a one-year period, he said.

2% over 40 years (the average working stiff's time in the employment marketplace) results in a price index that is 239% of where it was on your first day of work.

Put a different way, such a "target", if met, results in a fifty-eight percent debasement in your purchasing power over your working life.

Who gets this money? The banks. It was literally stolen from you.

This is not a felony resulting in arrest, indictment, prosecution and imprisonment.... why?

It is illegal under current law, by the way.

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z

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