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Is another Asset Bubble getting ready to POP?

Bernanke says there is no "Concern" about an "Asset Bubble" - which raises this question.

Bernanke Said to Minimize Asset-Bubble Concern at Meeting

http://www.bloomberg.com/news/2013-02-22/bernanke-...

After the 'successes' of government intervention in the US economy - it should make intelligent people wonder.

Now more International Bonds are being downgraded.

Moody's cuts U.K. AAA rating by one notch

http://www.marketwatch.com/story/moodys-cuts-uk-aa...

Update:

CLUELESS Marvin - The Infrastructure is TAXED for in Fuel Taxes and most infrastructure is a States responsibility = NOT the CORRUPT FEDERAL Government's responsibility.

These CORRUPT politicians WANT massive government to collect their blackmail (Donations for Favors).

This is why the Progressives collect big $$$ donations and become millionaires while in office - insider trading, fat foreign bank accounts, Elitism reigns = they truly believe they are above the Law.

Regurgitating the propaganda from these corrupt politicians makes you look like a FOOL!

2 Answers

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  • 8 years ago
    Favourite answer

    How does one comment on the biggest scam in human history, which is the Federal Reserve system itself?

    Here is their real plan:

    http://www.thesurvivalpodcast.com/why-qe3-will-wor...

  • Our problem is neither debt nor deficit but, more exactly, high debt interest expense plus chronic unemployment, crumbling infrastructure, potential inflation, and near-zero interest rates.

    The cure:

    1. To shrink the debt interest expense, stop auctioning bonds to finance budget deficits. This scam has redistributed trillions of dollars from middle class taxpayers to rich bond-holders.

    2. Instead, do as Lincoln and FDR and leaders of every other great nation did in their wartime crises: print the money! Two of our greatest inventors and most conservative business men, Henry Ford and Thomas Edison, believed that government should create debt-free money for public projects. http://prosperityuk.com/2000/09/thomas-edison-on-g...

    3. To end unemployment, spend the printed money heavily on much-needed infrastructure. (World War II unemployment rate was under 1 %.)

    4. When unemployed labor becomes scarce, delay the infrastructure projects and raise interest rates to prevent harmful inflation and maintain permanent prosperity.

    No more problems! Wasn’t that easy?

    Google: Economics Faculty, UMKC; NewEconomicPerspectives.org

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