in total vonda holdings does anyone really think germany will allow the monetization fund to increase by one hundred and fifty percent before merkel says something well we're going to leave that up in the air and not answer that but we can look at what it means to monetize the signal of the definition it is to convert into money to convert from securities into currency that can be used to purchase goods and services now remember securities are just debt in the form of bonds and monetizing them is turning that into money and central banks do this by printing money and using this to buy government debt so let's return to quantitative easing but this time by the federal reserve and let's take a look at their balance sheet so take a look at that since two thousand and eight you can see this huge expansion on the right what is that that represents the amount of debt that is put on its balance sheet that that that it has a monetized so let's bring up our little paper shredder so i can show you this in action so what happens is in the case of q.e. which is a type of monetization the governme

on the veteran as the second major vonda clash involving police and protesters in the city in a fortnight. witnessed events first hand. and we're still reporting from the. as you can hear behind me loud explosions possibly tear gas from the police officers there are at least a hundred of the not two hundred three hundred police officers in full riot gear several men as you can see advancing behind us right now on the occupy oakland movement now we don't know how many officers are back there we saw a massive group of them sort of a walk down that street before that was the street of the standoff where several protesters had barricaded the street from the police several several pieces of furniture and whatnot were lit on fire but again not enough of an action to provoke this kind of a militant response by the police force here we have to remember that earlier thousands marched peacefully on the port of oakland shutting it down no arrests reported whatsoever in fact we didn't even see any of the police officers out there and yet after the peaceful march again this was a scene unfolding on th