McDan: FYI April 1 is the beginning of the Year for the IMF.
RE: Zochowski Post: http://www.dinarrecaps.com/our-blog/news-rumors-and-opinions-sunday-morning29
FrostyTheSnowman :Zochowski ... good Sunday morning to you!
I always enjoy reading your posts ... and your analysis of this subject immediately came to mind when F26 mentioned a 10 day period to take a break (which IMO is long overdue).
10 days takes us exactly to the end of March ... the end of the 1st quarter of 2015.
Hummm ... our military can do some unbelievable things in just 10 days - especially if other nations will cooperate!
THANK GOD FOR OUR MILITARY- we salute and pray for you and your family's daily!!! Frosty
ZOCHOWSKI » March 22nd, 2015, 1:27 pm
MORNNG ""FROSTY"APPRECIATE YOUR INPUT............
MY NEXT SENTENCE..."HIDDEN N STILL IN VIEW", AM I RIGHT??? DONT KNOW...
HOWEVER, THE MIDDLE EAST DOES HAVE THIER OWN RELIGION N THIER OWN CALENDAR THAT THEY FOLLOW...........AS "PJ" PUT IT OUT HERE EARLIER.....
NOT ANY ANALYSIS, LMAO............ITS RIGHT THERE IF YOU NOTICE CALENDARS............
YES, ISLAMIC, LUNAR, GREGORIAN N FISCAL...........ARE THEY TIED TO THIS???
AGAIN, DONT KNOW, BUT THEY SURE SEEM TO BE PLAYING THE GAME OF "HIDE N SEEK"............AND NOT WITH JUST THE RI/RV, LMAO........
AND IF WE DID NOT FOLLOW CALENDARS WE WOULD BE FOLLOWING THE PHASES OF THE MOON, OR ASTRONOMY, OR THE MIGRATIONS/HIBERNATIONS OF ANIMALS?????????
JUST AS GOVERNMENTS USE THE CALENDARS TO FUND/ESTABLISH BUDGETS WITHIN A TIMELINE........OR ESTABLISH VOTING TIMES........
OK, NOUGH SAID............ENJOY OR NOT, YOU CAN MAKE THAT CHOICE..LOL
ITS LIKE PUTTING A PUZZLE TOGETHER...........1000 PIECES, DO U TRY TO COUNT THEM???? OH, HE## NO, YOU JUST START..........
AT THIS POINT WE GOT THE FRAME DONE, WE GOT THE SCENIC PART DONE, AND WITH ANOTHER 75 PIECES LEFT WE ARE TRYING TO FINISH THE SKY BLUE PART THAT ALL SEEMS TO BE ONE CONTINOUS COLOR.............AND 75 PIECES TO FINISH IT................LOL LOL
SaBickford: Worry does not empty tomorrow of sorrow - it empties today of strength.
Briona: This cycle of high expectations early in the week and the inevitable disappointment by the end of the week, is getting old. Let's hope this is the last week, and this cycle comes to a conclusion.
 2015 Spring Meetings, Washington, D.C. April 17-19, 2015
[ByGrace] The Federal Reserve Bank Must Be Destroyed
The Federal Reserve Bank Must Be Destroyed « on: Today at 08:52:35 AM »
During the years of the Roman Republic, Cato the Elder ended every speech with the phrase “Delanda est Carthago” (Carthage must be destroyed). Rome had fought two wars with Carthage, yet the threat to the Republic remained. Cato saw Carthage as an existential threat and concluded that Rome would not be secure as long as Carthage existed.
So fervently did he hold this view that he ended every speech, even about completely different subjects, with the famous phrase.
I believe that we Austrians need to adopt a similar phrase to remind the American people that the US faces an existential threat from the machinations of the Federal Reserve Bank. “Delanda est in Susidium Foederatum Bank”…The Federal Reserve Bank must be destroyed.
Like Carthage, the Federal Reserve Bank cannot be controlled or restrained. Either it or our republic will survive, but not both. For the sake of our nation, the Fed must be destroyed.
Founding the Fed Instead of Ending Fractional Reserve Banking
The Fed was founded under false economic premises–to prevent bank runs by providing temporary liquidity to banks which found themselves unable to redeem their certificates and demand deposits for cash and/or specie. The real cause of illiquid banks–fractional reserve banking–was never seriously addressed.
It was assumed that banks had the legal right to invest their customers’ demand funds in loans and that runs were caused by over indulging in this practice. But as Murray N. Rothbard explain in What Has Government Done to Our Money?, loaning demand funds instantly places the bank in an insolvent position, for it cannot redeem all of its demand accounts for cash or specie.
Through the process of lending demand funds, the banks have created fiduciary media out of thin air, reducing their reserve ratio below one hundred percent. If the banks do this on a very modest basis, the public may not be aware of the fraud.
However, once the rumor starts that the bank is illiquid, there is a literal “run” to the bank to withdraw demand funds. In such a case, even a bank that only modestly lent its demand funds might find itself unable to honor all withdrawal claims and would be forced to close its doors.
(NOTE: Central Banking was established to legitimize counterfeiting fraud, aka – Fractional Reserve Banking)
The Federal Reserve Bank, as the lender of last resort, was supposed to prevent such occurrences by providing temporary, penalty rate loans to struggling banks.
Note that there is nothing that a central bank could provide that could not be provided by another private bank. In fact the banking panic of 1907 was stemmed by private bank interventions led by J. P. Morgan.
However, Morgan realized that such private bailouts were very risky and presented a case of moral hazard; i.e., that bankers, confident of a bailout by the Morgan banking empire, might book riskier, higher yielding loans.
So rather than face the real cause of banking crises and lobby to outlaw fractional reserve banking, the Morgans, Rockefellers, etc.–who did not want to forego the financial benefits of lending demand deposits–lobbied instead for government to create a lender of last resort, a central bank, which we named the Federal Reserve Bank.
Mac China and the nations of the world would NOT be meeting and conversing in Iraq for Iraq to stay at a worthless currency. Also all hell would break loose if the USA somehow decided not to let Dinarians exchange, especially when much of Congress and select groups have. That would be the financial story of the decades. Also doesn't the UST have large sums of dinar holdings?
EXOGEN March 22, 2015 at 2:25pm
The New Asian Infrastructure Investment Bank (AIIB), Outmaneuvers the World Bank
Exogen: Ain’t No Stoppin us now!!
L T March 22, 2015 at 3:17pm Alasdair Macleod: Fed Throws in the Towel, A BIG RESET is coming- "Something is About to Break"