Post by jcline on Feb 7, 2008 12:52:55 GMT -5
By: pelicanbrief114
07 Feb 2008, 12:26 PM EST
Msg. 657871 of 657895
(This msg. is a reply to 657794 by jay_adobe.)
Jump to msg. #
jay
Yes, that is correct. It is all tied to the $USD. As the US continues to export Inflation throughout the globe (the only thing we do export nowadays), the end result is the systemic debasing of fiat currencies worldwide, some more rapidly ($USD) than others, thus resulting in a potential Hyper Inflationary environment. The action in Gold/$ilver, as well as ALL commodities is reflective of such development.
There's only three (3) alternatives to address the insurmountable debt load ($ 60 Trillion) that currently weighs on the nation:
1) Pay it off/Retire the Debt<<<<<<Extremely difficult due to its size/magnitude.
2) Default<<<<<Bruised Egos/Embarrassment
3) INFLATE the Debt away<<<<<Currently underway
The powers that be, as well as the Cartel (Fed), have chosen door #3 in the "Monty Hall" sweepstakes. No surprise, as the $USD has lost 97% of its purchasing power since the inception of the Fed in 1913 (35% since 2002) and will likely continue to do so provided its present course. Nothing has changed in the past one-hundred (100) years. The FED is synonymous with the word INFLATION. They have been Robbing the public from day one (1)!!!!
With that said, this so happens to be a disastrous course of action for the citizenry. While the Fed and Politicians LOVE stroking the keyboard and creating IOU's out of thin air backed by nothing but the ability to potentially pay such debt back via taxation of the masses, what many DO NOT realize is, such is the "Hidden Tax." They do not witness this in their weekly/bi-weekly paychecks, yet through higher costs and loss of living standards. Currently in progress, unfortunately.
Furthermore, it's now apparent that the rest of the world is very well aware of what is taking place and many are undertaking the necessary and appropriate actions of "Un-pegging" their currencies to the $USD, out of necessity.
The "plug" is/has been pulled from the bathwater and those plastic ships and rubber duckies are taking on water quickly, which soon may find themselves in a drained/empty tub.
Additionally, we now read that many domestic Retail establishments are accepting foreign currency for purchase of items. This and of itself simply implies that, CONFIDENCE is rapidly eroding/evaporating with respect to the worlds reserve currency, as well as many other recent developments such as the weakness in the $USD Index, "Un-pegging" etc....
As far as the $USD and Iranian Oil Bourse is concerned, this is OLD news. Iran made well aware their intentions over 18 months ago to open its Bourse and exchange crude for currencies other than the $USD. Likewise, Hussein was in the process of implementing such as well. This is why/the reason Hussein was "Taken Out", as well as the current chatter of the possible Nuclear threat of Iran. It was/is solely to protect and preserve the $$$ status as the worlds reserve currency as opposed to the so-called WMD's. The real WMD's are now in the very early innings of the "unwinding" process, that being the $ 600+ Trillion (some speculate the number north of $ 1.4 Quad) in Derivatives. Ironically, this is where we find the NSS (amongst others) as well. Buried in Level III. However, "Pandora's Box" has now been opened and out popped the "Joker". Guess who? Gotcha!!!
So, while we have chosen to deal with such issues thus far via War, perhaps these issues could be addressed in a more amicable manner, that being:
A B O L I S H T H E F R B S Y S T E M once and for all, and I believe you'll find that 95% of the World's problems will undoubtedly vanish/disappear, both economically, as well as socially.
The NAU/Amero are NOT the solution!!
Band-Aids (Rate-cuts; "Stimulus Packages" (JOKE!! too little to late); will NOT/do NOT contain/stop hemorrhages.
Difficult times/matters require tough, forceful actions. Although such may be unpleasant in the short-term, long-term, the greatest nation on earth can/will be saved.
Protect and Govern Thyself!!
Got Gold/$ilver/Hard A$$et$?
Got CMKX? :-)
Have a wonderful day!!!!
ps. Apologies for the lengthy rant.
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=657871
07 Feb 2008, 12:26 PM EST
Msg. 657871 of 657895
(This msg. is a reply to 657794 by jay_adobe.)
Jump to msg. #
jay
Yes, that is correct. It is all tied to the $USD. As the US continues to export Inflation throughout the globe (the only thing we do export nowadays), the end result is the systemic debasing of fiat currencies worldwide, some more rapidly ($USD) than others, thus resulting in a potential Hyper Inflationary environment. The action in Gold/$ilver, as well as ALL commodities is reflective of such development.
There's only three (3) alternatives to address the insurmountable debt load ($ 60 Trillion) that currently weighs on the nation:
1) Pay it off/Retire the Debt<<<<<<Extremely difficult due to its size/magnitude.
2) Default<<<<<Bruised Egos/Embarrassment
3) INFLATE the Debt away<<<<<Currently underway
The powers that be, as well as the Cartel (Fed), have chosen door #3 in the "Monty Hall" sweepstakes. No surprise, as the $USD has lost 97% of its purchasing power since the inception of the Fed in 1913 (35% since 2002) and will likely continue to do so provided its present course. Nothing has changed in the past one-hundred (100) years. The FED is synonymous with the word INFLATION. They have been Robbing the public from day one (1)!!!!
With that said, this so happens to be a disastrous course of action for the citizenry. While the Fed and Politicians LOVE stroking the keyboard and creating IOU's out of thin air backed by nothing but the ability to potentially pay such debt back via taxation of the masses, what many DO NOT realize is, such is the "Hidden Tax." They do not witness this in their weekly/bi-weekly paychecks, yet through higher costs and loss of living standards. Currently in progress, unfortunately.
Furthermore, it's now apparent that the rest of the world is very well aware of what is taking place and many are undertaking the necessary and appropriate actions of "Un-pegging" their currencies to the $USD, out of necessity.
The "plug" is/has been pulled from the bathwater and those plastic ships and rubber duckies are taking on water quickly, which soon may find themselves in a drained/empty tub.
Additionally, we now read that many domestic Retail establishments are accepting foreign currency for purchase of items. This and of itself simply implies that, CONFIDENCE is rapidly eroding/evaporating with respect to the worlds reserve currency, as well as many other recent developments such as the weakness in the $USD Index, "Un-pegging" etc....
As far as the $USD and Iranian Oil Bourse is concerned, this is OLD news. Iran made well aware their intentions over 18 months ago to open its Bourse and exchange crude for currencies other than the $USD. Likewise, Hussein was in the process of implementing such as well. This is why/the reason Hussein was "Taken Out", as well as the current chatter of the possible Nuclear threat of Iran. It was/is solely to protect and preserve the $$$ status as the worlds reserve currency as opposed to the so-called WMD's. The real WMD's are now in the very early innings of the "unwinding" process, that being the $ 600+ Trillion (some speculate the number north of $ 1.4 Quad) in Derivatives. Ironically, this is where we find the NSS (amongst others) as well. Buried in Level III. However, "Pandora's Box" has now been opened and out popped the "Joker". Guess who? Gotcha!!!
So, while we have chosen to deal with such issues thus far via War, perhaps these issues could be addressed in a more amicable manner, that being:
A B O L I S H T H E F R B S Y S T E M once and for all, and I believe you'll find that 95% of the World's problems will undoubtedly vanish/disappear, both economically, as well as socially.
The NAU/Amero are NOT the solution!!
Band-Aids (Rate-cuts; "Stimulus Packages" (JOKE!! too little to late); will NOT/do NOT contain/stop hemorrhages.
Difficult times/matters require tough, forceful actions. Although such may be unpleasant in the short-term, long-term, the greatest nation on earth can/will be saved.
Protect and Govern Thyself!!
Got Gold/$ilver/Hard A$$et$?
Got CMKX? :-)
Have a wonderful day!!!!
ps. Apologies for the lengthy rant.
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=657871