Hey. "The market corrects itself".
Quit your Marxist drivel.
On May 8, 1:20 pm, Viking <no...@[EMAIL PROTECTED]
> wrote:
> Remember the hundreds of billions the Fed made available, at your
> cost, to the big banks at extremely low interest rates? What are the
> big banks doing with that money?
>
> They (investment banks, mutual funds run by big financial firms, hedge
> funds, and so on) are investing it. The stock market is flat, so
> they've turned to commodities like oil and grain--hundreds of billions
> of dollars have poured into the market, and the result of that
> speculation has driven prices up wildly.
>
> The Fed has driven down interest rates to be able to give endless
> cheap money to the big banks, which has driven down the dollar--which
> makes oil far more expensive. But even worse, the money given to the
> big banks is pouring into commodities like oil and grain, skyrocketing
> prices.
>
> Once again, the overlords are strangling you. They're stealing money
> from you to give to the big banks, and (because the stock market is
> flat and interest rates are so low they can't make any money investing
> in financial markets) that money is pouring into the commodities
> market, sending prices sky high.
>
> So the money is being stolen from you by the Fed and then being used
> to drive oil and grain prices sky-high--stealing from you again, in
> the interest of maing the banks richer (as investors in oil and grain,
> as well as in oil and grain futures, they profit when prices soar)..
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