QE 2 Jelly, the New Tax Lubricant, Facilitates Repeated Taxing, by Delaying Discomfort

What’s this ‘QE2’ all about? – CSMonitor.com.

QE  is  fairly new term used to describe what is essentially printing money to buy our own debt.

It inflates and devalues everyone’s savings and investments, and therefore constitutes a removal of resources from the citizens.  When done up front, this is known as a TAX.   But the new, improved  QE2 lubricant allows this taxing to be accomplished surreptitiously from BEHIND.

Warming of the QE2 lubricant was accomplished by the newspapers, telling us how bad deflation was, and how much it was hurting Japan, for example.

Ignored in this propaganda stream was the fact that deflation is a symptom of something bad which has ALREADY happened…… the economy having taken a prolonged dump.

Next we were told that deflation can be prevented by purposeful inflation… using the quantitative easing lubricant to facilitate the government reaching and grabbing for our money. A much farther reach can be accomplished with the QE 2 lubricant, rather than with the direct tax approach.

The thought of deflation prevention is supposed to take our minds off of our diminished financial worth, drastically devalued currency, and unfavorable  trade relations with other countries.  We are supposed to be heartened by the idea of money changing hands on Wall Street, and more content with the prolonged high unemployment.

Get ready for QE2, the new, improved,  counter irritant economic lubricant.   It is guaranteed to produce a constant burn, which will take your mind off of the splitting  headache.