Bank CD rates...WTF?

[Munificence]

50. All of this is

BS smoke and mirrors. It's amazing how many folks do not understand that the FED's $85 Billion + month in quantitative easing is putting out the perception that the stock market it doing good. It's all about perception!

The low interest rates by the banks (corodinated with the government and fed) and the beat down in the precious metals market is the governments, The FED, and mainly JP Morgans grand scheme to get everyone in either real estate investments or into the stock market.

If folks do not understand this, then they should become informed and educate themselves. I visit a lot of sites across this world wide web and I would say that this site has the least talk about QE and the ramifications.

$85 Billion a month in "stimulus" from the FED, all to devalue our dollar and keep our interest payments on our debt in check. I will say that this is the only thing going. But is a huge tax on all of us in the form of devaluing the dollar.

There is a big time war going on over the major players in the world, it is called "currency devaluation".

I said it on here a few weeks ago and will say it again:

There is no difference between The Fed, The Gov and JPM - they are doing all of this. The Gov calls JP Morgan "Too big to prosecute" cause there are one in the same, you can not prosecute anyone for wrong doing there as you will have to go after the government also.

Oh and Japan announced their new QE....think ours is bad go check theirs out!

We are beyond the point of return across the world, it is all going to fail. I will say that it all was supposed to crash and burn 4 years ago....the only way to delay it was to fire up the printing presses. We have delayed it, but it is coming.