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Originally posted by silent thunder
We need a gov't with some sack, if you'll pardon my straightforwardness. I want Andrew Jackson or Lincoln back. SHUT DOWN THE FED. I want to see several hundred sobbing Wall Streters frog-marched in orange jumpsuits to a real PMITA prison.
Originally posted by arbiture
How will this affect you? It might affect prices as deflation or inflation becomes a real problem. Personaly I see deflation as the problem, as in the great depression. The goods available will be unable to accomadate the low money supply. You can create inflation by just charging more for goods. Deflation is different. You don't have the goods for which you charge more. This is a true nightmare that can make the inflation of the 1970's look like a walk in the park.
Originally posted by Mr_XIM
China, Japan and France are in meetings right now deciding the dollars fate. Stay tuned for the decision, but remember: the USA always, and I mean always wins!
Originally posted by Freenrgy2
reply to post by Finalized
Why is everyone in shock? Ron Paul predicted this for YEARS and nobody listened. He talked about this during his campaign and he was ridiculed.
We were warned.
Originally posted by bluepanic
I feel US is going to do something big, maybe Iran Invasion or another middle east war.
IMHO, it is too early for gulf states since they are weak.
Meanwhile, the United Nations called for a new global reserve currency to end dollar supremacy which has allowed the United States to build a huge trade deficit that has helped foster the global imbalances that stoked the crisis.