Fed's Interest Rate Games Could Destroy The Dollar, page 1

Fed's Interest Rate Games Could Destroy The Dollar, page

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Topic started on 4-4-2008 @ 01:24 PM by DimensionalDetective

Fed's Interest Rate Games Could Destroy The Dollar

www.detnews.com

Why would Bernanke, Moy, et al., want to degrade our money? Who benefits?

The answer is: those who are at the head of the line. Creating an additional $270 million in U.S. currency to give JP Morgan Chase provided that company the means to acquire Bear Stearns. Then the owners of Bear Stearns spend the money on something else, albeit at slightly reduced purchasing-power value.

The effects will continue to ripple outward, gradually diminishing. The amount of goods and services that can be bought with that $270 million must inevitably decline until the nominal value of the currency reaches equilibrium with the actual wealth available in the economy to purchase.

(visit the link for the full news article)

reply posted on 4-4-2008 @ 01:24 PM by DimensionalDetective

These thugs running things at the Fed are going to end up screwing us all, for a long time to come, with the disastrous policies they've already imposed, as well as the ones they're planning for in the future...It's a total, "Screw the little guy, take care of the Elite" status-quo routine that is so prevelant nowadays...

And who will pay? You will -- in the future when you go to draw out the money you put into your 401(k) in today's dollars. Your investment won't be worth as much as it should.

What is amazing is that the public has acquiesced in this money-debasing. It ought to be self-evident that it is impossible to create wealth by making entries in a computer.

One Nevada businessman may have found a way to bring the system crashing down -- he has begun paying employees in those $50 Gold Eagle coins, making their annual salaries well below the threshold for even having to file tax returns. So far, the IRS is helpless to stop it.

Perhaps ^^THIS GUY^^ is on to something that many more of us should start considering?

www.detnews.com
(visit the link for the full news article)

reply posted on 4-4-2008 @ 01:58 PM by BlueTriangle

I don't get how this beats the system. They will have to sell the gold coins for market value to get their paycheck and then they will end up paying taxes on the difference. Am I missing something here?

reply posted on 4-4-2008 @ 02:20 PM by FRIGHTENER

reply to post by DimensionalDetective

Another good one, DD, Stars!

"These thugs..." hilarious!

Decent snippet:

FEDS COVER UP DECLINING DOLLAR

reply posted on 4-4-2008 @ 02:29 PM by Karlhungis

Doesn't it feel like that is the point of what they are doing? It really feels like they are trying to accelerate the decline of the dollar. Perhaps to usher in the Amero, who knows?

reply posted on 4-4-2008 @ 03:13 PM by DimensionalDetective

Originally posted by Karlhungis
Doesn't it feel like that is the point of what they are doing? It really feels like they are trying to accelerate the decline of the dollar. Perhaps to usher in the Amero, who knows?

It most certainly does...Why, I haven't decided for certain yet. But the way they're printing bogus empty money overtime, and bailing out the huge players makes me think that this is very deliberate and calculated by TPTB.

reply posted on 4-4-2008 @ 03:30 PM by Choronzon

That was the intention the whole while. How do you think they are going to successfully move in the Amero if the USD reigns supreme?

The Amero is vital to establishing a successfulll NAU. And the NAU is vital to establishing world government. And world government is vital to....well.....use the search....