Moondog
Never a truer word said. This all plays into the hands of the "powers" that truely hold the riches and the sinking of the US$ is all about what will become the emergence of the Amero.
Goggle "AMERO"
So that the real "powers" can have more control and influence over 3 nations not 1.
Ask yoursleves who owns the Federal Bank? It is not the US people or the government - it is not STATE run - it a PRIVATELY OWNED COMPANY. The people who own it are those names that have been around for centuries - namely the bank names - Rothchild, Morgan, Lehman, Goldman Sachs.....
Google "Jekyll Island"
So the dollar is at an 3-year low against the yen and touched an all time low against the Euro. However the Feds say "hey this is good" it is making our US goods better boosting exports to a record and shrinking the nation's trade deficit last year for the first time since 2001.
So what will the Chinese, SWF and Arabs say holding all these $US? They are buying PM's and foreign companies (our mining companies) and 3rd world countries. Expect a decoupling of the US$ from Arab states and China.
Meanwhile Helicopter Ben is saying he anticipates no stagflation while staple commodity prices are on the rise and growth is falling and unemployement rising. I guess if you think you can through enough paper money at it why would you think otherwise? Nevermind that the market is falling and recognising that the banks are in deep sh!t, along with insurers etc etc - we'll just cut interest rates some more that will fix it!
So yes Bernake and Greenspan have alot to answer to - but ask yoursleves who they work for...........
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