Stock market up 108%

I was going to start a new thread about this I am about to say but I think Ill just say it now.

The new Fed Chairman Janet Yellen is a firm believer in the current fed policies and will probably be even more aggressive than Ben in terms of favoring inflation. (there's a scary thought). What she brings to the table is a more zealous belief in what she calls "forward guidance" which she describes as the fed telling people what it is going to do as a means to accomplish the feds goals in altering the economy. After reading a bit about what this is I have concluded that what she means by forward guidance is lying to people as a means of manipulating the economy. You are all forwarned that when the fed says they will continue QE they might or might not do just that.

Read a few paragraphs near the end of this article and especially read between the lines. Sentences like "Transparency of the central bank is an abiding virtue in the conduct of policy. Full disclosure of its balance sheet and operations is essential to the Federal Reserve's democratic legitimacy. But transparency in communications about future policy is not a virtue unto itself. The highest virtue is getting policy right." (bold added)

p.s. while americans always ignored the message that obama was a socialist and in fact that message created deaf ears the time may finally be right for phrases like "lying marxists" to take root. Obama will be gone soon but there is a wave of marxists waiting to take his place and we must must must re-establish in the american mind that marxism is evil.
You kmow "forward" is a code word for Marxism, socialism, communism!
 
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I'm not sure that it is the government that is manipulating the price of gold, or that it is even being manipulated deliberately. It looks to me as if heavy advertising is what is bringing up the price. Maybe someone is profiting from that, and maybe not.
I remember the last time the price spiked it was being manipulated by someone who wanted to buy enough to bring the price up, then sell before it readjusted. I had a friend who told me I should buy, that the price was going over $2,000. It didn't, he lost his shirt, and I was glad I didn't listen to him.
 
So ... you think it's made up?

I think that Marxist, Communist, and socialist are three different things, and that none of them are the same as progressive or liberal.

Marxism, for example, follows the idea of Karl Marx who thought humans could just all cooperate and work for the good of society, like bees in a hive or ants in a nest, and that everyone would have all he needed that way.

His idea didn't work, of course.

But, how can a policy that helps the wealthiest members of society possibly be labeled "Marxist"? It seems to me that those two ideas are polar opposites.
 
I think that Marxist, Communist, and socialist are three different things, and that none of them are the same as progressive or liberal.

Marxism, for example, follows the idea of Karl Marx who thought humans could just all cooperate and work for the good of society, like bees in a hive or ants in a nest, and that everyone would have all he needed that way.

His idea didn't work, of course.

But, how can a policy that helps the wealthiest members of society possibly be labeled "Marxist"? It seems to me that those two ideas are polar opposites.[
Progressivism, Socialism, and Communism are all stages of Marxism. Liberalism is somewhat of a recent term that has been hijacked and now reflects the same.

"Forward" (towards communism) is a common slogan that has been used by communist throughout history and it is no coincident it is used by the current Communist administration.
 
Progressivism, Socialism, and Communism are all stages of Marxism. Liberalism is somewhat of a recent term that has been hijacked and now reflects the same.

"Forward" (towards communism) is a common slogan that has been used by communist throughout history and it is no coincident it is used by the current Communist administration.

"Forward" is another word that has a dictionary meaning as well. That Mao used it in his marches forward (which really took his nation backward) doesn't necessarily mean that anyone else who uses it is also a communist.

From the online dictionary:


Of course "better" is another of those words that have different meanings to different people.

Classic definition of socialism:


If "better" means state ownership instead of private ownership, then of course, there is a relationship. If not, then there isn't.

Communism:

A policy that doubles the value of privately held stocks (shares in the ownership of capital) would seem to me the opposite of that last one.
 
"Forward" is another word that has a dictionary meaning as well. That Mao used it in his marches forward (which really took his nation backward) doesn't necessarily mean that anyone else who uses it is also a communist.

From the online dictionary:



Of course "better" is another of those words that have different meanings to different people.

Classic definition of socialism:



If "better" means state ownership instead of private ownership, then of course, there is a relationship. If not, then there isn't.

Communism:


A policy that doubles the value of privately held stocks (shares in the ownership of capital) would seem to me the opposite of that last one.
It wasn't just Mao who used this term. I will post some other examples when I get a little more time later.

And, considering Communism is responsible for more human suffering and murder in the 20th century than at any other point in the history of this planet .... I would say those are some pretty soft definition you used as examples!
 
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How much money has the Fed printed since Obama has been POTUS?

How much has GDP grown since then too?
 
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