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Originally posted by 1947flxible
reply to post by Soloro
Both, lets just do it without the fireworks if we can.
This is the ACTUAL plan to devalue the US dollar by 40%, as stated by Ben Bernanke
Although a policy of intervening to affect the exchange value of the dollar is nowhere on the horizon today, it's worth noting that there have been times when exchange rate policy has been an effective weapon against deflation. A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933-34, enforced by a program of gold purchases and domestic money creation.
Originally posted by Wrabbit2000
reply to post by beezzer
Don't forget to invest equally in some fine materials made of copper, brass and lead too. Many metals will be worth more than paper money can calculate in the not too distant future....I'm thinking.
Why worry about getting our heads handed to us overseas? Our own people are doing so much more harm right here. This move is the last one....it's just a mistake the system has no room left to compensate for or handle for any length of time. I would have liked to see if Romney had what it took to change anything against all odds that he'd really try. It would have been worth seeing..anyway. Now, I'm not sure the economy has a way back anymore. I think we just passed the last exit ramp...and we're on this little road trip to the end now.
edit on 13-9-2012 by Wrabbit2000 because: (no reason given)
Originally posted by Wrabbit2000
reply to post by Zarniwoop
I predict FDR is going to come back and haunt their sorry butts for the rest of their days if they keep invoking his name to somehow justify fiscal suicide. FDR has some good ideas...that have been warped beyond all recognition. He also had the benefit of ignorance in judging what he did. He couldn't have known where it would lead or what it could do. These people have no such excuses...and it took a world war to correct what happened the last time this type of situation built under the grand policies of Wilson and that bucket of bad ideas. World War III this time?
@herenow
I have a full size F-150. Ya think the bed is big enough to carry the grocery bill soon? I'm not positive...but I think it'll hold enough to get one cart full anyway.
Originally posted by Wrabbit2000
reply to post by Zarniwoop
I predict FDR is going to come back and haunt their sorry butts for the rest of their days if they keep invoking his name to somehow justify fiscal suicide. FDR has some good ideas...that have been warped beyond all recognition. He also had the benefit of ignorance in judging what he did. He couldn't have known where it would lead or what it could do. These people have no such excuses...and it took a world war to correct what happened the last time this type of situation built under the grand policies of Wilson and that bucket of bad ideas. World War III this time?
@herenow
I have a full size F-150. Ya think the bed is big enough to carry the grocery bill soon? I'm not positive...but I think it'll hold enough to get one cart full anyway.