$62.7 Trillion In Net Worth: Here Is The Latest US Household Balance Sheet

Headlines: $62.7 Trillion In Net Worth: Here Is The Latest US Household Balance Sheet

Plus: Interview 543 – David L. Smith on the QE Madness (AUDIO) and
End the Fed … Or Rein It In

#EndTheFED #EndMonsantoNOW #TPD #TPP #Agenda21

$62.7 Trillion In Net Worth: Here Is The Latest US Household Balance Sheet

Moments ago, the Fed released its latest Z.1 [5], aka the Flow of Funds, which is the primary source of information of that one component of modern finance which all modern economists continue resolutely to ignore because it blows all their anachronistic theories on monetary theory out of the water: shadow banking data. But more on that later. for now, here is the graphic summary of that most important of conventional data points updated every quarter: the US household balance sheet, and specifically the net worth of the US consumer, which in Q2 declined from a 4 year high of $63 trillion to $62.7 trillion, on a $900 billion drop in financial assets, offset by a $400 billion hike in real estate assets. Most importantly, and the reason why to the CTRL-P operator the only thing that matters is the stock market, of a total of $76.1 trillion in assets, only $24.2 trillion are tangible: i.e., real estate and durable goods. The remainder, $51.9 trillion or 68.2% of total, is Financial assets. It is this number that is the sole target of Bernanke’s “monetary policy” and which must be inflated at any and all cost.

What would be most interesting is to get the granular detail of how much of these $76.1 trillion in total assets are owned by the 1%, by the 0.001% and by the 0.000001%
Learn more: Embedded Charts
http://www.oneworldchronicle.com/?p=5937

Interview 543 – David L. Smith on the QE Madness (AUDIO)

David L. Smith of the Geneva Business Insider joins us once again to talk about the latest rounds of quantitative easing in Europe, the U.S. and Japan, and their likely long-term impacts on paper currency values. We also talk about ways to protect wealth against inflation and reliable sources of alternative economic analysis.
http://www.corbettreport.com/interview-543-david-l-smith-on-the-qe-madness/

End the Fed … Or Rein It In

There will be nationwide protests this weekend calling for an end to the Fed

The “official” End The Fed 2012 website lists protests at the following Federal Reserve Banks:

Learn more:
http://www.washingtonsblog.com/2012/09/nationwide-protests-to-end-the-fed-this-weekend.html

As always, Openness then Reservation Always! Be Inquisitive Always!

Which ones will occur first? HUGE Thunder False Flag, Martial Law, Financial Armageddon or Nuclear Armageddon?

Tomorrow is the End of Today! #MastersVsSlaves

Peace, Truth & Freedom #TPD
KCPy