Bernanke’s Stimulus Simply Following Global Elite’s Directives to Implode the US Dollar

Bernanke’s Stimulus Simply Following Global Elite’s Directives to Implode the US Dollar

According to the Census Bureau , 15% of the US population descended into poverty in 2011.

That amounts to 46 million Americans at or below the poverty threshold with an average household income of $23,200.00 annually for a family of four.

Socialist programs like social security benefits assured that 21 million people were kept out of poverty.

At the same time unemployment benefits floated 2.3 million people from being totally destitute. Food Stamps have increased to help 3.9 million people.

The fact is low-paying jobs and the unemployed are causing our American economy to continue to flounder. This is a direct causation to the destruction of the middle class in America.

Retirement and investments are the last thing on American’s minds when trying to make current ends meet on $4000 per month.

As the majority of Americans become impoverished, the wealthiest 1% have seen their net worth skyrocket above 288 times the average median household.

The crux of Americans are living on savings, trying to stay afloat while their stream of income rapidly dwindles. This trend will come bearing down on US citizens as hope for the future becomes a financial unreality.

The days of eliminating unnecessary expenditures are proving to be impossible as Americans can no longer cut out any more money from their daily standard of living.

A result of the planned implosion of 2008, the homes of most Americans have been taken, forcing them to either build tent-cities or moved in with relatives who had not been foreclosed on.

When the economy removed more than half of the employment in America, those who lost their jobs simply stood in welfare and food stamp lines for a hand-out. At what point will the American public stand up against this banking cartel-controlled destruction of our Constitutional Republic?

Ben Bernanke, chairman of the privately-owned central bank called the Federal Reserve, was expected to announce their technocratic answer to the manufactured destruction of our American economy and US dollar.

Bernanke stated that the Fed would purchase $1 trillion in mortgage-backed securities over a 2 year period, thereby combining feudalism with monetary implosion. Without determining the exact time frame of this “policy stimulus”, the Fed will have over-reaching control as never before.

The technocrats, an arm of the global Elite, have Wall Street and Capitol Hill waited with baited breath, wondering how US stocks, investors and the value of our monetary system will be dealt with.

The Fed will release projections concerning the economy including import and export. There is also the threat of the Fed printing more money, misleadingly called quantitative easing, encompassing US Treasury bond purchases, mortgage-backed securities and debt issued by government-backed agencies such as Fannie Mae.

In April, Bernanke announced that in the event of another stock market crash the Fed would take over monetary policy as an excuse to usurp more power over the financial future of the American public.

The Fed’s policymaking committee has stated that they will buy an estimated $40 billion of mortgage-backed securitized debt that was created by the mega-banks within America at the directive of the central banking cartels.

The statement reads:

“If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability.”

The US dollars’ worth continues to fall while US stocks gain ground and gold soars.

The inception of QE3 is the next step in the implosion of the US dollar by the banking cartels.