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China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed's direct purchase of US Treasury bonds.
Originally posted by truskeptic
If a goverment prints 1 dollar without backing of that dollar, you are already in trouble. Notice all the adds wanting your gold! Think about it. Gold and silver are the only items that have worth when the paper dollar is being used to burn your leaves in the fall. There are lots more metals that have value, I am just talking about the two that are the easiest to obtain.
That is why China is getting concerned, they do not want to be paid back in our already useless currency.