“Until the Fed lets us have a real recession, as painful as that may be, we are never gonna have a recovery.”

Ziad K. Abdelnour

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Quote by Ziad K. Abdelnour: “Until the Fed lets us have a real recession, as … - Image 1

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“We are on the edge of economic collapse unless we wake up andforcibly take back control of our government and economy. Over thepast 100 years, the game has been rigged, slowly and piecemeal atfirst, always in the name of serving the greater good, preventing thenext bubble or providing greater transparency and security. It is as ifthe American people are suffering from battered spouse syndrome; thepoliticians, the greedy bankers, and the Fed all lie to us while theysteal our wealth and our liberty. Every time we call them on it, theypromise to never do it again if we’ll just give them one more chance.So we let it slide and then act shocked when they do it to us again.Maybe we should have our collective head examined.”


“If wealth is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.”


“If more people learned to understand their real business interests correctly and to act accordingly, we would have a much better world.”


“It's okay to have flaws, that's what makes you real.”


“Almost every Fed chairman in the past 60 years has manipulatedinterest rates to brighten the economic outlook for incumbent presidentsor newly elected presidents who won by large margins. Thepurchasing power of the U.S. dollar has fallen 94 percent in the past100 years. The only way you can create inflation is by creating moremoney that is backed by the same reserve assets; the Fed is the onlyentity that can create more money. Ben Bernanke’s quantitative easing(QE) programs have pumped billions of unfunded dollars into theeconomy, thereby setting us up for massive inflation in the very nearfuture. If this isn’t a form of financial terrorism, it is incompetence of the highest order.”


“The recession, which started in 2007, is ongoing. Theunderlying fundamental causes of the meltdown have not beenaddressed. Banks are still not lending. Companies are still not hiring.Congress has still not seriously addressed the growing debt. Neitherhas Congress checked its own out-of-control spending. The muchlauded reforms installed by Frank-Dodd are nothing more than anotherexpansion of federal government control over the engines of wealthcreation.”