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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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The Feds Money Printing is causing Riots all over the World!
#13864914 - 01/28/11 08:24 AM (13 years, 3 months ago) |
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In case you’ve missed it, food riots are spreading throughout the developing world Already Tunisia, Algeria, Oman, and even Laos are experiencing riots and protests due to soaring food prices.
As Abdolreza Abbassian, chief economist at the UN’s Food and Agriculture Organization (FAO), put it, “We are entering a danger territory.”
Indeed, these situations left people literally starving… AND dead from the riots.
And why is this happening?
A perfect storm of increased demand, bad harvests from key exporters (Argentina, Russia, Australia and Canada, but most of all, the Fed’s money pumping. If you don’t believe me, have a look at the below chart:

As you can see, it wasn’t until the Fed announced its QE lite program that agricultural commodities exploded above long-term resistance. And in case there was any doubt, QE 2 sent them absolutely stratospheric.
This isn't really unexpected.
Last November, David Einhorn warned:
It is quite likely that QE2 will slow the economy by raising food and energy prices [because it is easier to generate these price increases]. [These price hikes] would act as a tax on consumers and businesses. Also in November, Karl Denninger wrote:
We have a Federal Reserve that, in the last two years, has printed and debased the currency of this nation by more than 100%, taking their balance sheet from $800 billion to more than $2 trillion. They now threaten, today, to do even more of that. This has resulted in insane price ramps in soft commodities ....
("soft commodities" means food crops).
As the Wall Street Journal, Tyler Durden, the Economic Policy Journal and others note, inflation in food prices isn't limited to developing nations, but is coming to the U.S.
http://www.globalresearch.ca/index.php?context=va&aid=22907
Interactive Map Of Recent Food Riots And Price Hikes

http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=203015973545354677871.000499b16caba320e204a&z=3
You can follow the Riots Live Stream Al Jazeera
http://english.aljazeera.net/watch_now/
God help us if we ever run out of Cable TV and Doritos..
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
Edited by lonestar2004 (01/28/11 09:46 AM)
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13864945 - 01/28/11 08:45 AM (13 years, 3 months ago) |
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The Egyptian government just shut down their internet...
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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Seuss
Error: divide byzero



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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13864951 - 01/28/11 08:49 AM (13 years, 3 months ago) |
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> The Egyptian government just shut down their internet...
Just? Happened a day or or two ago...
Also, "have a look at the below chart:" ...
Chart? What chart?
-------------------- Just another spore in the wind.
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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Re: The Feds Money Printing is causing Riots all over the World! [Re: Seuss]
#13864984 - 01/28/11 09:01 AM (13 years, 3 months ago) |
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-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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nice1
Not the droid your looking for


Registered: 09/26/09
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13864986 - 01/28/11 09:02 AM (13 years, 3 months ago) |
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Good.
It begins. Lets take the power back.
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
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Re: The Feds Money Printing is causing Riots all over the World! [Re: Seuss]
#13864992 - 01/28/11 09:02 AM (13 years, 3 months ago) |
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http://english.aljazeera.net/watch_now/
are u watching the riots link?
crazy shit.
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
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Re: The Feds Money Printing is causing Riots all over the World! [Re: nice1]
#13865039 - 01/28/11 09:20 AM (13 years, 3 months ago) |
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Obama administration Treasury Secretary Geithner Does Not See Global Inflation As A Concern
"not high on the list of concerns"
Geithner acknowledged the need not to jeopardize the recovery by cutting spending too fast
http://online.wsj.com/article/BT-CO-20110128-704050.html
People starving to death far away are not our concern.
Israel might have some concern...
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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zappaisgod
horrid asshole


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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13865052 - 01/28/11 09:23 AM (13 years, 3 months ago) |
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Are you seriously trying to argue that US debt and Fed policy of buying bonds is causing food prices to rise in remote shitholes to such an extent that it is causing riots?
Please don't turn into Al.
--------------------
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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Re: The Feds Money Printing is causing Riots all over the World! [Re: zappaisgod]
#13865084 - 01/28/11 09:40 AM (13 years, 3 months ago) |
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Quote:
zappaisgod said: Are you seriously trying to argue that US debt and Fed policy of buying bonds is causing food prices to rise in remote shitholes to such an extent that it is causing riots?
Please don't turn into Al.
Yes and the tens of billions of DOLLARS of aid we give to Egypt doesn't buy them the same amount of food it once did due to the Feds money printing.
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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Re: The Feds Money Printing is causing Riots all over the World! [Re: Seuss]
#13865097 - 01/28/11 09:44 AM (13 years, 3 months ago) |
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Quote:
Seuss said: > The Egyptian government just shut down their internet...
Just? Happened a day or or two ago...
?
Syria Shuts Down Internet Service
http://www.theyeshivaworld.com/news/General+News/82156/Reports%3A-Syria-Internet-Down-As-Egypt-Blackout-Catches-On-In-Middle-East.html
now im on top of it!
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13865161 - 01/28/11 10:01 AM (13 years, 3 months ago) |
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and what if the Suez canal is shut down.
$7.00 gas?
Obama needs to put the basketball down and pay attention.
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13865185 - 01/28/11 10:08 AM (13 years, 3 months ago) |
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Quote:
lonestar2004 said:
Quote:
zappaisgod said: Are you seriously trying to argue that US debt and Fed policy of buying bonds is causing food prices to rise in remote shitholes to such an extent that it is causing riots?
Please don't turn into Al.
Yes and the tens of billions of DOLLARS of aid we give to Egypt doesn't buy them the same amount of food it once did due to the Feds money printing.

Do you really think any of the money we ever sent the Egyptians went to food? http://carnegieendowment.org/publications/index.cfm?fa=view&id=23282
Quote:
With U.S. economic aid to Egypt cut to $200 million for 2009, the per capita share is a measly $2.60 in a country with an average gross domestic income (GDP) per capita at current prices of about $1,697 in 2007 and $2,184 in 2008 according to the World Development Report of 2009—the sharp increase is partially attributed to the high inflation rate of 11.8 percent in 2008. If calculated using Purchasing Power Parity (PPP) that adjusts for the relative purchasing power difference between the Egyptian pound and the dollar, the average per capita income in Egypt was $5,352 in 2007 and $5,400 in 2008. Therefore, in per capita terms, U.S. economic aid to Egypt is barely a drop in the bucket.
And QE 1&2 causing food riots? How about this:
Increased demand due to expanding China and India as well as the idiotic ethanol program plus crop shortfalls. Why the Fed and not Europe? Or China? Or maybe they are just fed up with their corrupt governments.
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Muufokfok
aka BoxyBrown


Registered: 02/14/07
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Re: The Feds Money Printing is causing Riots all over the World! [Re: zappaisgod]
#13865233 - 01/28/11 10:21 AM (13 years, 3 months ago) |
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shit shroomery, we need to find a haven quick. shits getting real, reall fast.
where can we go? where can we grow food? where can we be safe from this retarded violence? we need to make a plan
ive already been stocking up on camping supplies, plant books, and other books and survival things with my imaginary paper currency thats soon to become obsolete
-------------------- "I'm guessing the 'ancient lost drug' of india is psychedelic mushrooms. The correlation between sacred cows (in hinduism) and magic mushrooms growing on cow dung is too strong to ignore, if you ask me."
  As the ocean waves, the universe "peoples" ~Alan Watts~
Edited by Muufokfok (01/28/11 10:23 AM)
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lonestar2004
Live to party,work to affordit.



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Re: The Feds Money Printing is causing Riots all over the World! [Re: zappaisgod]
#13865252 - 01/28/11 10:29 AM (13 years, 3 months ago) |
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speaking of tin foil I'm worried that the money printing has only just begun.
by the time we get to quantitative easing number four (QE4) we could be seeing rice riots in China and a civil war in Spain...
and then some new gold backed world currency will be introduced! 
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13865585 - 01/28/11 12:01 PM (13 years, 3 months ago) |
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Fall of Saudi Arabia to End Dollar Reserve System?
"There is a social media revolution in Saudi Arabia ... Ten million Saudis are online, 3 million belong to Facebook, and Twitter feeds are up more than 400 percent. Recently, many tweets and posts have been focused on the uprising in Tunisia. In fact, Saudi's social media activists spread videos and news updates at the peak of the street protests — and the interest has stayed high ever since. And, now, Saudi bloggers have added the unrest in Cairo to the topics receiving much attention. Will the Saudi government clamp down on this free-wheeling speech after Tunisia's social media movement helped to bring down a government? It's one of the big questions ahead for Saudi Arabia. How this authoritarian regime will live with the freedom and chaos that the Internet represents. ... The Internet poses a challenge for this conservative, mostly religious society. –
National Public Radio
Free-Market Analysis: The civil unrest in Egypt is growing fiercer. Electronic communications have been shut down throughout Egypt and massive demonstrations have been planned for today. A changing of the guard in Egypt would be a massive political shift indeed, but what if the disturbances don't stop there? What if they ultimately spread to Saudi Arabia and end up bringing down the dollar reserve system?
We suggest this possibility because we believe there are larger forces at work in the Middle East. Could it be that the power elite itself is inciting these disturbances? Is the idea, eventually, to crash the dollar and set up a global currency in its place?
The dollar reserve system is propped up by Saudi Arabia's willingness to restrict the purchase of oil to dollars, a system that has been in place since US President Richard Nixon abrogated what remained of the gold standard in 1971. But the PE is notoriously unsentimental. The Saudi elite has grown enormously wealthy from its relationship with the US and now, perhaps, for the good of a new world order, it is time for them to go.
http://www.thedailybell.com/1717/Fall-of-Saudi-Arabia-to-End-Dollar-Reserve-System.html
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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crazyshroomhead
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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13867118 - 01/28/11 04:48 PM (13 years, 3 months ago) |
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It's painfully obvious we've been exporting our price inflation to countries that use the dollar or have dollar reserves. It's an old trick, but as we saw in the 70s inflation with France using a war ship to collecting its gold, it won't be pretty.
Which gets me thinking, how come Americans think the US is the number one military power despite any time another nuclear power steps up to the challenge we fold like a fucking lawn chair?? If you want to see who's calling the shots just look at how we reacted in the Hainan Island incident, we sent public letters of apology like a bunch of little bitches. Or look at the cable leaks, when the Saudis tell us to invade Iran the politicians and media immediately start drumming up the cause.
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nice1
Not the droid your looking for



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Re: The Feds Money Printing is causing Riots all over the World! [Re: lonestar2004]
#13868079 - 01/28/11 08:06 PM (13 years, 3 months ago) |
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I think there will be a global collapse then when we are all starving they will announce the one world currency as our saviour.
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Eywa_devotee
Goddess Worshiper


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Re: The Feds Money Printing is causing Riots all over the World! [Re: nice1]
#13868780 - 01/28/11 10:58 PM (13 years, 3 months ago) |
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This is just the beginning of the S hitting the F. In short we have about a year or two before the end of the world as we knew it. The world itself will not end, just the world of delusion in our minds... Share or Die, that's our choice.
-------------------- "Love one another." "To Love is to know me." "Love is the Law, Love under Will." "In Compassion, all sorrows end." Regardless of the Master, the message is the same- Choose love and you shall live, Choose Fear and you shall die. Help bring peace to this Earth: Love one another, and serve others before yourself.
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nice1
Not the droid your looking for



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Re: The Feds Money Printing is causing Riots all over the World! [Re: Eywa_devotee]
#13869900 - 01/29/11 08:11 AM (13 years, 3 months ago) |
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Don't you think the elite have a plan? I do...
Probably the same as the last one, bring us to our knees, starve us then make us beg for a one world currency and new laws taking away any freedoms left.
I've got my survival equipment and skills ready to get out of dodge.
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Muufokfok
aka BoxyBrown


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Re: The Feds Money Printing is causing Riots all over the World! [Re: nice1]
#13870333 - 01/29/11 10:24 AM (13 years, 3 months ago) |
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Quote:
nice1 said: Don't you think the elite have a plan? I do...
Probably the same as the last one, bring us to our knees, starve us then make us beg for a one world currency and new laws taking away any freedoms left.
I've got my survival equipment and skills ready to get out of dodge.
dude me too, ive been spending most my shit on camping, hiking, survival gear and books. i dont really know a good place to go tho
-------------------- "I'm guessing the 'ancient lost drug' of india is psychedelic mushrooms. The correlation between sacred cows (in hinduism) and magic mushrooms growing on cow dung is too strong to ignore, if you ask me."
  As the ocean waves, the universe "peoples" ~Alan Watts~
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