path to decline of the U.S. dollar and U.S. bonds
Posted on | February 16, 2012 | 2 Comments
China Reduces Holdings of U.S. Treasuries…
…lends more than $75bn to Latin America
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February 16th, 2012 @ 6:58 am
I do believe this Govt. will do what Roosevelt did in 1933… Devalue the Dollar by 33%.
By doing this they will in thier Twisted thinking reduce our Deficit. At the same time STEALING BILLIONS/TRILLIONS from Americans Savings, 401Ks, IRAs.
February 16th, 2012 @ 9:28 am
They have already done worse that that: They have tripled the money supply from a normal of about 900 billions to over 2.3 trillion.
Have you gone shopping lately? Why do you thin that the price of gasoline and food has almost doubled in the last three years?
Every time the Fed prints money, Wall Street gets it and the uses it to drive up the price of commodities… And we pay for it!