Kat Hak Sung
Interest rate (2)
Sun Oct 2, 2005 20:48
207.200.116.199
332. Interest rate (2) (8/7/05)
To keep the interest rate low, Feds also
3. Reduce the money supply by containing the wage increase.
Re: US real wages fall at fastest rate in 14 years
By Christopher Swann in Washington
May 10 2005 17:59
Real wages in the US are falling at their fastest rate in 14 years, according to data surveyed by the Financial Times.
Inflation rose 3.1 per cent in the year to March but salaries climbed just 2.4 per cent, according to the Employment Cost Index. In the final three months of 2004, real wages fell by 0.9 per cent.
http://news.ft.com/cms/s/f269a8f4-c173-11d9-943f-00000e2511c8.html
4. Try to keep inflation rate at low figures. When the gasoline price and house price go up like a rocket, Feds suppresses the price of other merchandise to lower the inflation index.
(1) One obvious method is to reduce the price of automobile. The auto price plays an important role in inflation index. Be noticed that in recent two years, the price of automobiles hasn't risen. It even goes down despite the rising steel price. To maintain the inflation index low till the August plot, though exhausted, the auto manufacturers made a last ditch effort by pushing out "Employee discount" in July.
G.M. lost more than 1.1 billion in latest quarter in North America, overwhelming solid profit at financing unit GMAC and its operations in China, Europe and Latin America. Why G.M. could make a profit abroad but lost heavily in domestic market? Because its operation abroad is normal under economic principle while in US, it was operated under a twisted, artificial command. CEO of auto makers work not for the interest of share holders but for the interest of Inside Group.
(2) Keep the exchange rate of Chinese Yuen with US dollar.
Cheap merchandise from China keep US inflation low. But it also caused a large trade deficit with China which will hurt US economy in long run. For years, there is a big US and international pressure on China to urge it abandoning the fixed currency rate policy. China didn't follow. Because it is covertly supported by Inside Group. The threat of trade punishment is never carried out. Greenspan even defends China by saying that the appreciated Chinese Yuen has little help to improve US economy.
In early May, media reported that some financial firm predicted China would raise its currency value in mid May. One news among the reports caught my eye. It was a sentence: "Gold Sach firmly predicts that China will re-value its currency on May 18." For the first time it strengthened my belief that the re-value of Chinese currency related to a secret deal between the secret police of two countries. I knew Feds prefer the current situation of Chinese currency because it keeps US interest rate low. But did they have a secret deal?
I had thought 5/19(Thursday) was an action date of Feds. (H.A. letter of "overgrown tree" set the last date to fix was 5/19) The collaborate plan should be carried out at about same time. The most important thing was the word "Gold Sach". In my experience, stock market is another main cash register where Feds withdraw money from. In the period when stock went bull (1999-2000), I observed Gold Sach was the firm which gave signal to Feds in stock trading.(when to buy or sell) In my opinion, this firm has close relationship with Feds. It must have inside information that China would raise its currency value on 5/18.
May plot went sour. So did Gold Sach's prediction.
Then it came 7/21, the second London bombing. There was no death this time because the master bombing in US didn't take place to the plan. It also came with the re-value of Chinese currency. A 2% adjustment, far from 10% to 15% which US demanded. Because US interest rate still has to be kept in low. But it confirms my belief: They had relationship to the plan of D.O.J.
To keep the interest rate low, Feds also
3. Reduce the money supply by containing the wage increase.
Re: US real wages fall at fastest rate in 14 years
By Christopher Swann in Washington
May 10 2005 17:59
Real wages in the US are falling at their fastest rate in 14 years, according to data surveyed by the Financial Times.
Inflation rose 3.1 per cent in the year to March but salaries climbed just 2.4 per cent, according to the Employment Cost Index. In the final three months of 2004, real wages fell by 0.9 per cent.
http://news.ft.com/cms/s/f269a8f4-c173-11d9-943f-00000e2511c8.html
4. Try to keep inflation rate at low figures. When the gasoline price and house price go up like a rocket, Feds suppresses the price of other merchandise to lower the inflation index.
(1) One obvious method is to reduce the price of automobile. The auto price plays an important role in inflation index. Be noticed that in recent two years, the price of automobiles hasn't risen. It even goes down despite the rising steel price. To maintain the inflation index low till the August plot, though exhausted, the auto manufacturers made a last ditch effort by pushing out "Employee discount" in July.
G.M. lost more than 1.1 billion in latest quarter in North America, overwhelming solid profit at financing unit GMAC and its operations in China, Europe and Latin America. Why G.M. could make a profit abroad but lost heavily in domestic market? Because its operation abroad is normal under economic principle while in US, it was operated under a twisted, artificial command. CEO of auto makers work not for the interest of share holders but for the interest of Inside Group.
(2) Keep the exchange rate of Chinese Yuen with US dollar.
Cheap merchandise from China keep US inflation low. But it also caused a large trade deficit with China which will hurt US economy in long run. For years, there is a big US and international pressure on China to urge it abandoning the fixed currency rate policy. China didn't follow. Because it is covertly supported by Inside Group. The threat of trade punishment is never carried out. Greenspan even defends China by saying that the appreciated Chinese Yuen has little help to improve US economy.
In early May, media reported that some financial firm predicted China would raise its currency value in mid May. One news among the reports caught my eye. It was a sentence: "Gold Sach firmly predicts that China will re-value its currency on May 18." For the first time it strengthened my belief that the re-value of Chinese currency related to a secret deal between the secret police of two countries. I knew Feds prefer the current situation of Chinese currency because it keeps US interest rate low. But did they have a secret deal?
I had thought 5/19(Thursday) was an action date of Feds. (H.A. letter of "overgrown tree" set the last date to fix was 5/19) The collaborate plan should be carried out at about same time. The most important thing was the word "Gold Sach". In my experience, stock market is another main cash register where Feds withdraw money from. In the period when stock went bull (1999-2000), I observed Gold Sach was the firm which gave signal to Feds in stock trading.(when to buy or sell) In my opinion, this firm has close relationship with Feds. It must have inside information that China would raise its currency value on 5/18.
May plot went sour. So did Gold Sach's prediction.
Then it came 7/21, the second London bombing. There was no death this time because the master bombing in US didn't take place to the plan. It also came with the re-value of Chinese currency. A 2% adjustment, far from 10% to 15% which US demanded. Because US interest rate still has to be kept in low. But it confirms my belief: They had relationship to the plan of D.O.J.
Message Board by American Patriot Friends Network [APFN]
