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Reuters: Bank of Japan To Pump $1.4 Trillion Into Economy In Unprecedented Stimulus

By Leika Kihara and Stanley White | Tokyo | Thu Apr 4, 2013

TOKYO (Reuters) - The Bank of Japan unleashed the world's most intense burst of monetary stimulus on Thursday, promising to inject about $1.4 trillion into the economy in less than two years, a radical gamble that sent the yen reeling and bond yields to record lows.

New Governor Haruhiko Kuroda committed the BOJ to open-ended asset buying and said the monetary base would nearly double to 270 trillion yen ($2.9 trillion) by the end of 2014 in a shock therapy to end two decades of stagnation.

Read more: http://www.reuters.com/article/2013/04/04/us-japan-economy-b...



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The Crown: Bank of England absorbs last of its regulators, 2013


Elite banking families – including the Rockefellers, Rothschilds, and Morgans – have gained control of the global economy through the central banking system. They set up the Federal Reserve in the US in 1913 and have been manipulating the market to benefit themselves ever since. This timeline shows the pattern of American Presidents being assassinated after challenging central bankers and their monopoly on money, and the Federal Reserve’s artificial creation of booms and busts that causes people to lose their jobs, homes, and retirements, while the bankers further consolidate wealth and control.

First Central Bank established in the UK. Served as model for most modern central banks.

1757- Colonial Scrip Issued in US. Debt free, fiat currency was printed in the public interest.

1776 – American Independence

1791 – Congress Creates the First US Bank – A Private Company, Partly Owned by Foreigners – to Handle the Financial Needs of the New Central Government. Previously, the 13 states had their own banks, currencies and financial institutions.

1816 – The Privately Owned Second Bank of the US was Chartered – It Served as the Main Depository for Government Revenue, Making it a Highly Profitable Bank

1832 – Andrew Jackson Campaigns Against the 2nd Bank of the US and Vetoes Bank Charter Renewal. Andrew Jackson was skeptical of the central banking system and believed it gave too few men too much power and caused inflation. He was also a proponent of gold and silver and an outspoken opponent of the 2nd National Bank. The Charter expired in 1836.

1833 – President Jackson Issues Executive Order to Stop Depositing Government Funds Into Bank of US. By September 1833, government funds were being deposited into state chartered banks.

Jan 30, 1835 – Jackson Escapes Assassination. Assassin misfired twice.

1833-1837 – Manufactured “boom” created by central bankers – money supply Increases 84%, Spurred by the 2nd Bank of the US. The total money supply rose from $150 million to $267 million.[1]

1837-1843 – Terrible Depression. 343 of the 850 banks in the US closed entirely as largest banks consolidated wealth and power.[2]

1861 – American Civil War

1862-1863 Lincoln Over Rules Debt-Based Money and Issues Greenbacks to Fund the War

April 15, 1865 – Lincoln Assassinated

1881- President James Garfield, Staunch Proponent of “Honest Money” Backed by Gold and Silver, was Assassinated

1907- Banking Panic of 1907

1908 – JP Morgan Associate and Rockefeller Relative Nelson Aldrich Heads New National Monetary Commission

1910 – Bankers Meet Secretly on Jekyll Island to Draft Federal Reserve Banking Legislation

Dec 23, 1913 – Federal Reserve Act Passed

1913 – Income tax established -16th Amendment Ratified

1914 – JP Morgan and Co. Profits from Financing both sides of War and Purchasing Weapons

Detailed outline 1744 - 2010, film, drawings, & references.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

The Federal Reserves pumps in

The Federal Reserves pumps in over 2 trillion into the economy every 2 years.

Same stuff different methods

Same stuff different methods.

This is no different then the IMF/EBC stealing bank accounts but it's quasi hidden because the vast majority of people are too uneducated to understand it.

Tools of war are not always obvious. The worst weapon is an idea planted in the mind of man. Prejudices can kill, suspicion can destroy, and a thoughtless, frightened search for a scapegoat has an everlasting fallout all of its own.

Michael Nystrom's picture

Bump

Thanks E. Big news. Looks like they're starting up the Yen Carry Trade, just as the US looks to start winding down the Dollar Carry Trade. It's like tag team pumping.

The funny part of the whole thing is gold. It is getting creamed. All this money, and nobody wants gold. A 'nuclear threat' from North Korea, and no one wants gold.

Strange times friend.

He's the man.

The True or Austrian Money supply paint the picture

Prices of gold and silver drop but few have the cash to make purchases.

http://www.forbes.com/sites/michaelpollaro/2013/03/11/moneta...

http://www.forbes.com
michaelpollaro
monetary-watch-euro-true-money-supply-trends-suggest-another-deflationary-scare

Goofy link.

I expect that Japan True Money Supply will grow a lot this year.

From 2002 the US TMS dropped until 2007. Then rose until 2010. Basically we were screwed by evil men or nincompoops.

Free includes debt-free!