Thread: Soros Bets on U.S. Financial Collapse

Media Matters recently received $1 million from Soros so that it could try to mute the effectiveness of conservative media organizations and personalities, some of them critical of Soros

Soros Bets on U.S. Financial Collapse

By Cliff Kincaid
Monday, November 8, 2010

Another financial expert is expressing his deep disgust with the Federal Reserve’s decision to print more money and buy more U.S. debt, saying it is a sign that the U.S. capitalist system is moving closer to collapse.

“This is the type of stuff we accused the communist and socialist governments of doing—interfering in free markets through currency manipulation,â€

Another financial expert is expressing his deep disgust with the Federal Reserve’s decision to print more money and buy more U.S. debt, saying it is a sign that the U.S. capitalist system is moving closer to collapse.

I would not be surprised if he had something to do with the QE2

SOROS & B. HUSSEIN OBAMA....
Certainly do NOT have our best interests at heart.

Bernanke downplays commodity price gains
Greg Robb
MARKETWATCH — 11/05/10
WASHINGTON (MarketWatch) -- Federal Reserve board chairman Ben Bernanke downplayed the risk to the economy from the recent spike in commodity prices on Friday. In a question-and-answer session with college students at an event sponsored by Jacksonville University, Bernanke said with so much slack, or excess supply, in the economy, it is "very difficult" for producers to pass those higher costs to consumers. Bernanke said the price hikes in globally traded commodities stemmed from strong demand from emerging markets. While households will have to pay a higher price for gasoline, lower labor costs will help keep overall inflation low, he said. Asked about foreign concern with the Fed's new $600 billion bond buying program, Bernanke said the global economy would benefit from a pick-up in the U.S. economy.

https://news.fidelity.com/news/news.jht ... DB2A&IMG=N

I just wonder what he means by the LOWER LABOR COSTS?