Mike Maloney tells Ben Bernanke to “Quit and Close the Federal Reserve!”

July 31, 2012 By 12 Comments

The FOMC’s two day meeting starts today and the ECB will meet later this week, amid the heightened expectations that the central banks are moving toward new actions. But, according to the Wall Street Journal, doubts linger as to whether central banks even have the tools to fix the economic problems they face. A lot of the money the Fed has tried to pump into the economy has wound up right back at the Fed. We will talk to Mike Maloney about what the Fed’s actions mean for the lives of average people.

And Bill Gross, co-founder of PIMCO, wrote that the cult of equity may be dying. However, the cult of inflation may have only just begun. We will talk to Mike Maloney, founder of GoldSilver.com, about the occult.


Check out these similar articles:

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  2. Dennis Kucinich Tells Occupy Wall Street to End the Federal Reserve System (Video)
  3. The Federal Reserve’s Covert Bailout of Europe
  4. House to Vote in July on Ron Paul Bill to Audit the Federal Reserve
  5. Bob Chapman- Federal Reserve Preparing to Roll Out NEW DOLLAR
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Comments

  1. Avatar of Peeps Peeps says:
    July 31, 2012 at 9:28 PM

    Decline in puechasing power will never be fixed by the fed.

  2. Avatar of UglyDog UglyDog says:
    July 31, 2012 at 9:36 PM
    Central bankers believe they are the only ones with the intellect to understand the complexities of the global financial system.  Everyone else is a lower form of life.  They certainly don’t care what TV talking heads think.  They have set up a system that places them above the law and responsible to no one.  
    There is a way to end the Fed.  President Kennedy began the process and we know what happened to him.
  3. Avatar of Tears of the Moon Tears of the Moon says:
    July 31, 2012 at 11:15 PM

    Where can I buy Mike’s 999.9 gold tie?  :-)

  4. Avatar of SilverHawk SilverHawk says:
    August 1, 2012 at 12:04 AM

    I remember telling someone back when the Berlin wall came down, that Russia was moving toward a free and Democratic country, and we were moving toward a Communist country.  I correct myself, that’s Fascism.

  5. Avatar of Ed_B Ed_B says:
    August 1, 2012 at 12:17 AM
    Well, Maloney has spoken, so I am sure that Uncle Ben will be well and truly chastised by his comments… as in NOT!
    Also, WTH does the phrase “cult of equity” mean?  If there is anything in the investing world that resembles a cult, it is most certainly the “bond ghouls”.  Buying equity gives one a share position in a real company, hopefully one that makes real products and earns real money.  What do bonds offer as an alternative?  A slice of the runaway debt that can’t be repaid?  Hmmm… make mine equity every time!
     
    “There is a way to end the Fed.  President Kennedy began the process and we know what happened to him.”
    Yes, and to every other US president who defied the banksters.  Lincoln?  He printed US greenbacks directly to fund the civil war, completely by-passing the banksters.  Jackson (5 attempts on his life, none successful), was an adamant foe of central banking.  Other presidents also had their problems with these cretins.  If history shows us anything, it is that any president who wants to end the Fed or in any other way stymie the banksters, he better order a preemptive strike on them BEFORE they can do the same to him / her.
  6. Avatar of 4 oz 4 oz says:
    August 1, 2012 at 2:46 AM
    How can you not just absolutely LOVE
    Lauren Lyster??
  7. Avatar of GBS GBS says:
    August 1, 2012 at 3:14 AM

    Sorry Mike you’re a bit slow.   Many people have been saying this for years.

    Some since 1913.
  8. Avatar of PatFields PatFields says:
    August 1, 2012 at 7:45 AM

     

    While Mr. Maloney is STILL only using the fundamental structure of the banknote scheme as just another ‘sales tool’ in his kit, rather than a central focus of his larger ’message’; I’m pleased he’s been slowly moving it to the front of the ‘que’. My guess is that this is because he’s still working out it’s ultimate portents

    Once this structure is fully comprehended, there really is no more important economic or financial factor to understand in deciding a course to choose in both the micro and macro environments. Currency inflation and debt are its chief ingredients and because of that, the ‘cake’ can do nothing else but explode over time.  Commodity money of copper, silver and gold are the sole method that’s proven over the millennia to serve as trade media and the sooner we all return to it, the sooner we can recover the integral stability it naturally brings to conduct of our lives..

  9. Avatar of Da yooper Da yooper says:
    August 1, 2012 at 8:50 AM

    IF

    you bail out the bankers

    You can bail out the Euro

    you can bail out foreign countrys

    you can bail out foreign banks

    piss away trillions on foreign aid

    piss away trillions on wars in far off hell holes

    & this dosent work

    how about BAILING out the folks that will

    SPEND the money

    The AMERIKAN TAXPAYER

    but ohhhhhh no that will never happen because the white shoe tribal bankers think they know better

     

  10. Avatar of Thomas Thomas says:
    August 1, 2012 at 9:22 AM

    The rumor is they chose Ben because he had a plan they liked to save our souls. This is a link to the famous helicopter speech which is being followed to the letter. If one needs a blueprint from which to predict future Fed Reserve movements, this is it…

    http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

  11. Avatar of UglyDog UglyDog says:
    August 1, 2012 at 12:27 PM
    Thomas…all that remains on Bernanke’s helicopter speech plan is step five a 40% dollar devaluation.  
  12. Avatar of Thomas Thomas says:
    August 2, 2012 at 4:58 AM

    There is a rumor that the US Dollar will be dead at the end of this year. We will still use dollars, but we will be needing 15-35% more of them at todays prices for purchase in six months or so. I read the speech, and he is going to do it.

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