The views expressed in any article published in this blog are the author's own and do not necessarily reflect the views of Joseph Foster or Bob Lupoli.

Saturday, November 6, 2010

Money Printing Machine: Federal Reserve

Bob:  When you buy and own such a machine, you need not worry how much printing Obama or Berneke, or any Government in the world does, you also do not need to worry about the DOW.

Only risk is when the country where your printing machine is located becomes communist, or a foreign Army invades it.  Money printing machines do not come cheap and the investment is perfectly legal, it is preferable that you buy same for all cash, never sell such a machine and when you die, your kids and the kids of your kids shall eat forever and never ever be poor. When the politicians as they often do, print more money, you need not worry. Your machine will adjust to the politician printing.

Now you may ask where do I find such a machines here are the prime, prime, prime area of London, Mayfair, Knightsbridge, St John’s Wood, and Chelsea. Why London it is the most beautiful city in the World well planned and many beautiful parks, I mean central London the core part of the London that does not extend beyond 3 miles from the palace where the Queen resides. London has become the magnet of the super rich people of the World, it is now the number one choice for Arab and Russian oil barons. It is now also favored by the new Chinese millionaires from Hong Kong and mainland China.
It has one and the only most famous Department store in Europe, second to none in Europe where the rich and famous shop and sometimes eat, several fine Restaurants and Bars, here you could buy a ladies hand bag for as high as $15,000 and if you prefer a Rolex watch at $1 million dollars, or a cell telephone that sell for $3000.00 or have English tea served in the afternoon,  in silver urn and fine China moreover, the finest pastries,  such a treat will set you back $30.00 or more. How about a small Pizza at the coffee bar for $20,000 is it worth that price you bet when the highest quality cheese is used to produce such pizza. Do I love Harrods; you bet, I would love to live in an Apartment next door to Harrods until I die?

One bedroom under 600sq feet from $1.million to $1.5 million.
Two bedrooms around 1200 sq feet $2 million to $2.5 million.

No parking in either purchase that is extra if you could find a parking space for $120,000 then buys it. Rents range for one bedroom furnished to the highest standard, bathroom must be marble, kitchen granite top counters and the most expensive appliance preferable made in Germany.

Monthly rent range for one bedroom from $3500 to $5000.00 per month
Monthly rent range for two bedrooms $7000.00 to $10,000 per month.
There are money printing machines located in New York 5th Avenue, but I prefer London,  in the UK the tenant is obligated to pay the property tax and not the Landlord, when the property becomes vacant the Landlord is then responsible to pay, however your vacancy period does not exceed in most cases two weeks. Here is a brief thesis of Hyperinflation most Americans are now worried about Berneke and Obama cranking the printing press, price of oil and gold moving upwards how high nobody knows, one thing for sure oil may hit $100 per barrel in six months.

In economics, hyperinflation is inflation that is very high or "out of control", a condition in which the general price level within a specific economy increases rapidly (while the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies) as the functional or internal currency, as opposed to a foreign currency, loses its real value very quickly, normally at an accelerating rate. Definitions used vary from the International Accounting Standards Board’s a cumulative inflation rate over three years approaching 100% (26% per annum compounded for three years in a row) to Cagan´s (1956) "inflation exceeding 50% a month." [2] As a rule of thumb, normal monthly and annual low inflation and deflation are reported per month, while under hyperinflation the general price level could rise by 5 or 10% or even much more every day.

The United States has avoided hyperinflation. It came close, however, during the Revolutionary War, when the revolutionary government churned out paper continentals to pay bills. The monthly inflation rate reached a peak of 47 percent in November 1779 (Bernholz 2003: 48). A second close encounter occurred during the Civil War, when the Union government printed greenbacks to finance the war effort. Inflation peaked at a monthly rate of 40 percent in March 1864 (Bernholz 2003:

By late 1923, the Weimar Republic of Germany was issuing two-trillion Mark banknotes and postage stamps with a face value of fifty billion Mark. The highest value banknote issued by the Weimar government's Reichsbank had a face value of 100 trillion Mark (100,000,000,000,000; 100 million million . At the height of the inflation one U.S. dollar was worth 4 trillion German marks. One of the firms printing these notes submitted an invoice for the work to the Reichsbank for 2,776,899,763,734,490,417.05 (3.28×1019, or 33 quintillion) Marks. The largest denomination banknote ever officially issued for circulation was in 1946 by the Hungarian National Bank for the amount of 100 quintillion pengő (100,000,000,000,000,000,000, or 1020; 100 million million million). image (There was even a banknote worth 10 times more, i.e. 1021 pengő, printed, but not issued image.) The banknotes however did not depict the numbers, "hundred million b.-pengő" ("hundred million billion pengő") and "one milliard b.-pengő" were spelled out instead. This makes the 500,000,000,000,000 Yugoslav October dinar and 100,000,000,000,000 Zimbabwean dollar banknotes the notes with the greatest number of zeros shown. The Post-WWII hyperinflation of Hungary held the record for the most extreme monthly inflation rate ever — 41,900,000,000,000,000% (4.19 × 1016% or 41.9 quadrillion percent) for July, 1946, amounting to prices doubling every 13.5 hours. By comparison, recent figures (as of 14 November 2008) estimate Zimbabwe's annual inflation rate at 89.7 sextillion (1021) percent. which corresponds to a monthly rate of 5473%, and a doubling time of about five days. In figures, that is 89,700,000,000,000,000,000,000.

I am considering very seriously of selling money-printing machines in the US to wealthy Americans that are worried about Berneke and Obama bad habits of printing. Thank God, we just got rid of a prime minister called Brown and Cameron has slowed the process of printing.

Just a thought Palm Beach is a small town of approximately 10, 000 population inhabited by many mega buck Americans, how about if I establish a business and run an add Money printing machines for sale, It may attract some wealthy investors also it may attract the FBI and I will then show them my pamphlet which explains what a money printing machine consist off, now this is not a Joke but for real. I will locate and select for the buyer the best money printing machine moreover, receive for my effort perhaps 3% of the purchase price.

Remember the $60 million dollar house where I did the calculation for you the house remains unsold, if interested contact Jill Hertzberg, she is number one Real Estate agent in the state of Florida and she handles property priced in excess of $5 million. Since the house is 30,000 sq feet, I forgot to give you some of the following information; iIf you need to find your wife in the house call her and have her meet you in the kitchen; also if you decide to buy this house you will need 24 hours seven days per week security guards at the home to repel Gun blazing criminals, as you leave the house the Gun blazing criminals may be watching you, therefore you will also need a body guard. - Joe

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