Thread: Recent Growth In Economy Is But A Mirage

Recent Growth In Economy Is But A Mirage


April 3 2010

A smoke and mirrors Economy, a rigged market means you will lose, capital controls now in place, market manipulation is public policy, stock market overpriced by manipulations, no monetary tightening without a collapse, predictions of gains and losses in job markets.

We have an economy run on smoke and mirrors, based on the manipulation of markets. That was accomplished via the executive order signed by President Ronald Reagan in 1988 in the aftermath of the stock market collapse of October 19, 1987, known as the “President’s Working Group on Financial markets.â€

Good article.

I have heard of the PPT for years and felt that it was strange that since last March, that the market would drop like a rock all day and then at 3:30 or 3:45 every day, it would suddenly jump up. Or, mayber I was just imagining it.

Prices are going up as the dollar is worth less. Interest rates have to go up as we are paying in cheaper dollars. And the Treasury keeps printing more dollars, therefore undermining their value, as one can only slice a pie into so many pieces. The dollar is based on nothing but the full faith and credit of the U.S. government, which relies on taxpayers ability to pay taxes, but since so many are losing jobs, that has been undermined.
Yup, this is nothing more than smoke and mirrors. Hah! As if the rest of the world does not realize that we have built an economic house of cards.