Inflation and the Dollar’s crash
Posted By: admin | 2009.11.21
foreign banks as financial agents of Federal Government with full law enforcement authority over the citizens in the US. Section 3 (b) allows the US Secretary of the Treasury to put any kind of debt, including credit card, home loans, personal loans, automobile loans, etc., into the TARP programme. Section 112 allows the US Secretary of the Treasury to astoundingly extend financing to foreign banks to purchase the debt of the American people. Section 112 (1)(a) allows the US Government to …
25 Comments:
whhyyyyyyyyyy / April 6, 2009 2:53 pm
why is everyone going apeshit i mean we are in resession and I just learned in school that a resession means that there is still growth but less growth than last year
mislastchild / May 23, 2009 11:34 am
no one should be poor, hungry, humless. there is no way in the world it does not make any sense. U.S is the most power stung people in the world. we are going threw this because the people in power is not doing the right thing( it is time to pay the piper.)…..
DonnyRayB / June 10, 2009 12:15 am
Thank you for this info. It rings great truth.
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trevfrank / June 20, 2009 2:59 am
if u think this is crazy,
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buzzz1213 / July 3, 2009 5:57 pm
there is negative growth! Tell your teacher I gave him a big fat “F”
Do your own research, don’t believe everything you learn in school, 1/2 the teachers are illiterate the other 1/2 have an agenda.
whhyyyyyyyyyy / July 3, 2009 6:08 pm
my teacher told me the terms right but my quote is against the media using the word resession (slower groth) as if its a real big deal they use it to cause fear of the economy and take economic controles
makingdadolla / July 24, 2009 11:59 am
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sonyse2t5 / August 1, 2009 2:35 pm
screw the feds, its another mob!
tfrenn / August 11, 2009 12:41 am
Well, where is all this hyperinflation all the bears are talking about.
tfrenn / August 12, 2009 12:57 am
What the hell is so new about the fractional reserve system ? I studied it 40 years ago in college. These people seen to think its was some secret just discovered.
imorio / August 31, 2009 9:34 pm
We are taking over, we are taking over
PonguigPeopinn / September 24, 2009 7:25 pm
Abolish electricity!
threeblackcrows / October 10, 2009 6:08 am
Look at your dollar vs. the euro, yen, chf, nzd – there’s the slow rumblings starting right there….look at the price of gold. Use countries such as Zimbabwe, the Weimar Republic and the former Yugoslavia as examples of what happens when you print exorbitant amounts of money out of thin air…but like everything, if it doesn’t happen overnight, you’re not interested. But rest assured, it’s coming
threeblackcrows / October 10, 2009 6:21 am
You are 29 and still in school?
whhyyyyyyyyyy / October 10, 2009 1:31 pm
no dude im 19 but i wanted to see some vids with minor block when i signed up a few years ago
tfrenn / October 10, 2009 6:02 pm
I have only one question: if inflation is so obvious why is it that silver hasn’t made a new high for over 30 years while the stock market has gone up 9 times ? 30 years ago gold was 850 now 1040. Stock market 1000 now 9500. What gives ? If the US economy was identical to Weimar I would agree.
threeblackcrows / October 10, 2009 9:13 pm
Both Silver and Gold were both purposely suppressed so not the preferred choice of investment – the stock market was. Inflation in 1980 was brought under control by raising the interest rates to 21.5%. Back then you were the largest creditor nation but now you are the largest debtor. 70% of your GDP lies in consumption rather than productivity. So if you were again to raise interest rates to 21.5% in order to combat inflation, the interest on your debt would be 2.4 trillion alone = taxpayerdeath
threeblackcrows / October 10, 2009 9:23 pm
The proper way to look at things is the Dow/Gold ratio and the Silver/Gold ratio ie: Dow divided by the price of Gold. This hit a high in 1999 and has been in freefall ever since – it’s currently at about 8. Once it hits 1 like in 1980, you’re looking at roughly $4500 per ounce. Silver/Gold ratio has historically been 16:1 (16 ounces buys 1 ounce)until it was demonetised. It’s now at roughly 70. Once it finds that equilibrium again you’re looking at $295 an ounce – a 2000%+ increase.
threeblackcrows / October 10, 2009 9:29 pm
Your economy is not identical to Weimar – I agree – however your situation is exactly the same as both Weimar and Zimbabwe and how Obama is going about fixing it. You all had/have enormous debt – Weimar was caused by WWI and the Versailles Treaty, yours by remodelling houses, dodgy mortgages and car loans ie: consumer spending. Weimar tried to fix their problem by printing money and so is Obama. As great as the US is, it is not immune to history or economic reality.
threeblackcrows / October 10, 2009 9:39 pm
And it’s sad that it seems everyone knows except the majority of the population. Nations are running from your currency like rats from a sinking ship. Major economic powers are pushing for the Euro to be the new worldwide currency. You know things are extremely dire when even suppression tactics on Gold aren’t working anymore. But will you listen to the signs? Buy silver – shitloads of it, as much you can get your hands on while it’s this cheap and sit on it. Even if only for an insurance policy
tfrenn / October 11, 2009 6:30 pm
I was there in 1980 when silver went to $50 an oz and then crashed big time. The Hunt brothers were trying to corner the market on silver. They did for a short time but then lost everything when it crashed. Even now nations are devaluing their currency to keep it relative with the dollar and to keep it from going lower. A lower dollar means less exports for them.
4500 oz, sure, but every other tangible asset go up. You’re looking for the mania phase in gold.
threeblackcrows / October 12, 2009 6:17 am
Indeed it crashed and indeed the Hunt brothers paid a heavy penalty but as I said above, the reason was because inflation was finally tamed by raising interest rates to astronomical amounts. You simply cant do that now because it would mean suicide due to your debt. Exporting countries are indeed fighting tooth and nail to keep from preparing for a new economic reality by devaluing their currency ( buying up Greenbacks) but there are a couple of problems with this….
threeblackcrows / October 12, 2009 6:23 am
… The US consumer is spooked and is spending less and saving more. The net change in consumer credit has fallen off a cliff dramatically. Even the scarce credit that is available is, by and large, being shunned . This means a large drop in demand for said exports. The export countries (China excluded) simply do not have enough ammo to fight back. This is how a currency crisis happens. History shows how serious this can be….
threeblackcrows / October 12, 2009 6:31 am
… All these countries are doing is trying to delay the inevitable and draining reserves of their own currency in the process. Exactly, every other tangible asset will go up EXCEPT paper fiat money. I am not looking for gold mania as some kind of get rich scheme, I’m simply stating that in order to preserve your purchasing power when all those other tangible assets go up (the little things like food), you need to get out of cash and into precious metals.