Here are a few of the most commonly used ABBREVIATIONS and acronyms, but be warned new ones are being invented each day to surreptitiously describe MONEY PRINTING:
BIS - Bank of International Settlements – headquartered in Basel, Switzerland, this secretive “Central Bank of Central Banks” is a major force behind the Gold Cartel and essentially all of the economic and political world’s “shadow entities.” Responsible for creating faux international banking regulations and apparently assisting the Fed and BOE in “selling gold,” the BIS remains one of the most mysterious, and dangerous, forces in international politics and finance.
BLS – Bureau of Labor Statistics – the U.S. agency that creates fraudulent inflation and employment data
BOE – Bank of England
BOJ - Bank of Japan
DOA – Dead on Arrival -all proposed European “rescue funds”
DLITG – “Don’t Let It Turn Green”. This is in reference to a Cartel tactic to suppress the price of gold and silver.
ECB – European Central Bank, which coordinates monetary policy for the Euro currency (used by 23 nations) and has the authority to print Euros. Headquartered in Frankfurt, it is dominated by its largest, and strongest member, Germany, and chaired by “Goldman Mario” Draghi of Italy.
EFSF – European Financial Stabilization Fund – a “rescue fund” proposal from May 2010, under which the 27 EU nations periodically contribute funds to be administered arbitrarily by the EU. So far, all attempts to fund it have failed, particularly as many of the largest EU members, such as France, Spain, and Italy, cannot possibly contribute funds when THEY will be the ones requiring bailouts!
ESM – European Stability Mechanism – what the EFSF will be renamed in July 2012, pending those same member-nation contributions that will never come.
EU – The European Union. Headquartered in Brussels and run by recently appointed President Herman Van Rompuy (of Belgium), includes delegations from 27 nations seeking to enhance political, economic and social co-operation. All European nations are part of the EU, but not all (such as the UK and Switzerland) utilize the Euro currency.
Fed - U.S. Federal Reserve Bank, which coordinates monetary policy by the U.S., led by Chairman “Helicopter Ben” Bernanke.
Fed “swap facility” – announced November 30th, a mechanism in which the Fed loans unlimited funds to any bank, worldwide, that asks for them, at essentially zero interest rates with unclear repayment terms
FPTB – Financial Powers That Be – not much different than TPTB, limited principally to financial market domination and manipulation
GAO – General Accounting Office – the U.S. agency that creates accounting rules for banks, allowing them to value worthless, or near worthless, assets on their balance sheet at essentially any value the respective banks choose.
Gold Cartel, or “Cartel” - A group of Western Central banks – led by the Federal Reserve, Bank of England, and Bank of International Settlements, and henchman “bullion banks” such as JP Morgan and Goldman Sachs – that work together to suppress gold and silver prices, principally utilizing un-backed (i.e. naked) PAPER instruments such as futures contracts, ETF shares, and opaque derivatives.
IMF – International Monetary Fund – what the EFSF/ESM is to Europe, the IMF is to the world – Headquartered in Washington DC as the U.S. is the most powerful member, 187 nations are members. Currently, the IMF is having the same problems garnering contributions from its members, who don’t want to flush their capital down the European bailout toilet. The IMF is a dangerous organization with a multitude of secret powers, such as creating the fraudulent accounting rules for Central Bank gold holdings, allowing leased gold to be double-counted
LTRO – Long Term Refinancing Operations – instituted December 21st, 2011 (yesterday), essentially the same as the Fed “swap facility”, but administered by the ECB, only for European banks. Claims to have a three-month repayment term, but you can bet these funds will be perpetually rolled over.
Operation Twist - instituted in July 2011, the Fed’s way of continuing QE without calling it such, “Operation Twist” means selling very short-term Treasury bonds and using the proceeds to buy long-term Treasury bonds. This is a fraud in many ways, as the Fed already purchases short-term Treasuries each day as part of its “Open Market Operations,” with added Treasury market support from the trillions of dollars worth of interest rate swaps created by a handful of banks – led, of course, by JP Morgan, Goldman Sachs, and Bank of America – that require Treasury bond purchases.
PIIGS – The weakest links of the major Euro currency nations – Portugal, Ireland, Italy, Greece, and Spain
PIFIGS – The PIIGS plus France
PM – Precious Metals
PPT – Plunge Protection Team, a/k/a the “President’s Working Group on Financial Markets,” whose sole goal is to “stabilize markets,” i.e. support the Dow with unlimited futures buying
QE1 - the first round of Federal Reserve Quantitative Easing, i.e. printing money to buy U.S. Treasury and Mortgage bonds, as well as reinvesting interest and principal from its inventory of such bonds into additional Treasuries and Mortgage bonds. QE1 was instituted in November 2008 and ended in June 2010.
QE2 - the second round of Federal Reserve Quantitative Easing, QE2 informally commenced in August 2010, was formally announced in November 2010, and ended in June 2011.
SNB – Swiss National Bank
TPTB – The Powers That Be – in other words, the Cabal of political and financial “leaders” that plot to destroy you, and the world in general. Bankers from major institutions such as Goldman Sachs and JP Morgan represent the most influential faction of this hypothetical group, as well as their puppet governments and Central Banks.