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Content about Federal Reserve System

May 15, 2012
The Case For A "Greenback" Pound

There is one question which will have system-serving politicians and economists running for cover:  why can’t the British government through its Treasury issue  interest free money based upon the common wealth and integrity of this country - worth trillions?

Why do our politicians go straight to the private bankers, who simply create money completely out of thin air ... just figures on a computer screen ... and when this ‘money’, or more accurately this ‘nothingness’, is received by our government, we, as taxpayers, start paying the exorbitant interest which is currently costing the British people in real money at least £125,000,000 a day, or more than £44,000,000,000 a year?

The answer, of course, is very simple and to the point. 

January 17, 2012
Inflation Falls To 4.2% - Where's The Hyperinflation, Then?

The main cause of hyperinflation is a massive and rapid increase in the amount of money which is not supported by growth in the output of goods and services. The UK Column has been warning for a number of years now that we are staring hyperinflation in the face. So where is it?

It's there.

It's there in the half trillion Euros pumped into an already dead European financial system at Christmas by the European Central Bank. It's there in the half trillion Euros that the ECB is going to pump in next month. It's there in the trillions upon trillions of dollars pumped into the system by the Fed, and the hundreds of billions of pounds pumped into system by the Bank of England.

January 11, 2012
Inter-Alpha Group Banks - Hoarding ECB Hyperinflationary Bailout

On the 22nd December last year, the European Central Bank began lending some new money. 523 European banks borrowed €489 billion in one day.

The money was lent at 1% over three years. This was the biggest infusion of hyperinflationary credit by the ECB ever, and represents 5% of the GDP of the whole European Union. In one day.

The move was part of the ECB's package of measures intended to "stabilise" financial markets. The Association of German Banks said at the time that the cash injection would "decisively improve" the liquidity of European Banks, and help ward off potential credit shortages in the Euro zone.

So, has it achieved its objective?

September 4, 2011
Quantitative Easing - Alive & Well

The UK is not in the firing line, says William Hague.

He must have been on drugs or something, because aside from that, he believes that European nations need to "demonstrate to the satisfaction of financial markets the credibility of their own intentions to bring their deficits and debts under control".

The UK is not in the firing line, says William Hague.

He must have been on drugs or something, because aside from that, he believes that European nations need to "demonstrate to the satisfaction of financial markets the credibility of their own intentions to bring their deficits and debts under control".

Which begs the question: who died and made financial markets the boss?

February 14, 2011
Save This Nation - Rebuild The Economy

The ignorance of the majority of our political classes to the enormity of the financial crisis that we face is staggering. Their wilful denial of the fact of the continuing collapse of our nation, its institutions and ways of life is absolute deliberate treason. In fact, I would go further, it is murderous, and that fact will become clear as the destruction of the NHS takes its toll.

As a result, they prefer to decimate public spending, while at the same time increase VAT and other taxes, in order to pay off the banking mafia that pays their salaries.

Policy Of Bailout

In 2008, our then "Prime Minister", Gordon Brown, set himself up as the "global chancellor of the exchequer" and took his tale of global bailout to the G20 conference. He organised the cooperation of the other nineteen nations in setting about a policy which could only ever have had one outcome.

Gordon Brown is not a stupid man. He certainly understood exactly what he was doing, just as he did when he gave "independence" to the Bank of England in 1998 and when he sold off the nation's gold for a song.

November 8, 2010
Rise Of The Kleptocrats

The Federal Reserve Bank's announcement of QE2, the second round of American Quantitative Easing, on the 3rd of November, caused a tidal wave of funny money to hit the markets as "investors" decided to place their bets on stocks and commodities. Stock markets around the world climbed by nearly 2% on Thursday, oil broke through $87 a barrel, and a range of other commodities also saw dramatic price increases.

While The World Shouts "Insane!", The City Of London Shouts "Not Enough!"

While government officials from around the world howl in anguish over the Fed's decision, the City of London feels a mere $600 billion of funny money is "timid."

But as is typical of politicians who are, in reality, bought and paid for by City of London interests, none of their protests included any real alternative to the continued bailout.

August 9, 2010
Surviving The Perfect Storm

Britain is bankrupt. There's no getting around that fact. We have a national debt of over £900 billion and rising. We have a massive black hole in the public pension pot of £1.2 trillion. We have personal debt of £1.5 trillion.

That is a total shortfall, today, of £3.6 trillion.

£6 Trillion - £188,000 Each

If we add corporate debt onto this figure, then the nation, its people and its employers owe somewhere in the region of £6 trillion to bankers in one form or another, complete with its burden of interest. And we are told we can solve this debt problem by creating more debt.