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Fed's Interest Rate Games Could Destroy The Dollar

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posted on Apr, 4 2008 @ 01:24 PM
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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)




posted on Apr, 4 2008 @ 01:24 PM
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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)



posted on Apr, 4 2008 @ 01:58 PM
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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?



posted on Apr, 4 2008 @ 02:20 PM
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reply to post by DimensionalDetective
 


Another good one, DD, Stars!

"These thugs..." hilarious!

Decent snippet:

FEDS COVER UP DECLINING DOLLAR



posted on Apr, 4 2008 @ 02:29 PM
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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?



posted on Apr, 4 2008 @ 03:13 PM
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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.



posted on Apr, 4 2008 @ 03:30 PM
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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....



posted on Apr, 4 2008 @ 04:20 PM
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Japan was in the same situation as us about 10 years ago. Since then inflation has been less than 1%. Feds action will prove to save the dollar and the financial markets. They are not giving away money they are lending it. Sure the asets backing the loans are shaky, but if they can keep the economy from cratering, then these loans will end up making the Fed a very tidy profit as well. Goverment made a bunch of money on the Chrysler bailout. They will make it here as well. M1 money supply needs to grow quickly and the Feds actions are consistent with that.



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