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 Post subject: HOW LOW CAN THE DOLLAR GO?
PostPosted: Tue Mar 11, 2008 4:19 pm 
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Here is a sobering thought to wrap your brain around. TuT :wink:

Tuesday, March 11, 2008 - FreeMarketNews.com

The corporate controlled media is finally starting to talk about the economic problems that the alternative media and assorted precious metals advocates have been talking about for years now. We are facing a potential inflationary depression. Independent estimates of the M3 money supply show that we are seeing an annual increase in the M3 money supply by around 16 to 17 percent. The Federal Reserve chose to stop producing this report right around the time when these figures began going parabolic on their chart showing a massive increase in the money supply. An increase in the money supply results in a devalued currency and that’s one of the primary reasons why we are seeing the price of gold flirt with the $1,000 an ounce mark and silver explode past the $20 an ounce mark. The U.S. Dollar Index is now treading water around the 72 to 73 mark and it is becoming increasingly clear that the role of the world’s reserve currency is shifting from the U.S. Dollar to the Euro. Some ask how low the U.S. Dollar could go and that answer is simple. The U.S. Dollar could go to zero because it is a fiat currency with no real tangible backing. Every fiat currency in the history of man has been replaced or collapsed and there is nothing fundamentally different between the U.S. Dollar and these other fiat monetary systems of the past.

http://www.freemarketnews.com/Linked-Co ... p?nid=9430

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PostPosted: Tue Mar 11, 2008 10:04 pm 
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The Rockfellers own (largest shareholder) the bank across the street from the fed. Or is it the other way around?

Ok...I digress before I start.

Their lil clan of globalists are collapsing the dollar in order to usher in their unions. Economic crisis allows them to buy for pennies on the dollar.

They do not want half, they want it all. It is what they do.

I might snicker at the thought of agents who defended the Bushbarians so valiantly...only to see their retirement plans turn into work plans under this rogue cabal that is clearly working for the global bankers. But this cost me as well.

Besides, they will likely take care of their agents. They will be needed to help control an enraged public.


I'm not sure if they will choose to:

1) First infiltrate the European Union so that they can own Europe as well as America.

or

2) Merge mexico and Canada with the US so they can make trillions using Canadian natural resources developing Mexico.


What pays better?


When you don't even report the M3 money supply, I think that means that you printed as much as you wanted without anyone the wiser.

Is it actions like this that make history circular?

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PostPosted: Thu Mar 13, 2008 10:47 pm 
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[url=http://www.msnbc.msn.com/id/23616851/]Dollar losing clout around the world
Even in South America workers prefer euros, other local currencies

[/url]

SAO PAULO, Brazil - Antique store owners in lower Manhattan, ticket vendors at India's Taj Mahal and Brazilian business executives heading to China all have one thing in common these days: They don't want U.S. dollars.

Hit by a free fall with no end in sight, the once-mighty U.S. dollar is no longer just crashing on currency markets and making life more expensive for American tourists and business people abroad: Its clout is evaporating worldwide as foreign businesses and individuals turn to other currencies.

Experts say the bleak U.S. economic forecast means it will take years for the greenback to recover its value and prestige.


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