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Author Topic: The Dollar Losing Value "Effects"  (Read 322 times)
Shanevrr
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« on: November 27, 2011, 08:48:46 PM »

Check out this video, its a long one, i think about half hour or so.  At the end he is selling something but he makes good points and Ive seen other opinions that similar to this.  It is safe, they are also advertising on TV too.  But I think you will find it interesting.  But of course Ive already invested in gold and silver a year ago.

www.endofamerica4.com
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www.Valleybeesupply.com
"A responsible beekeeper is a successful one"
Shane C.
kathyp
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« Reply #1 on: November 27, 2011, 08:57:44 PM »

i have seen parts of it.  he's right.  if the dollar is dumped as reserve currency we are in for a rude re-adjustment.  any of us who have invested for retirement in things other than gold and tangibles will be SOL.  inflation will be killer.  there's been a push by other countries to have this happen.  if they can ever agree on a new currency, or a bunch of them as replacement, it will happen. 
i think the only reason it has not yet is that we import so much.  if they can figure out a way to dump the dollar and not hurt their trade, we are finished.
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"Nay, it [this constitution of government] must perish, if there be not that vital spirit in the people, which alone can nourish, sustain, and direct all its movements. It is in vain, that statesmen shall form plans of government, in which the beauty and harmony of a republic shall be embodied in visible order, shall be built up on solid substructions, and adorned by every useful ornament, if the inhabitants suffer the silent power of time to dilapidate its walls, or crumble its massy supporters into dust; if the assaults from without are never resisted, and the rottenness and mining from within are never guarded against. Who can preserve the rights and liberties of the people, when they shall be abandoned by themselves? Who shall keep watch in the temple, when the watchmen sleep at their posts? Who shall call upon the people to redeem their possessions, and revive the republic, when their own hands have deliberately and corruptly surrendered them to the oppressor, and have built the prisons, or dug the graves of their own friends?

– Justice Joseph Story, "Commentaries on the Constitution of the United States," Volume II, Chapter XIII: Mode of Passing Laws, Sections 900-901, pp. 364 (1833)
BlueBee
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« Reply #2 on: November 27, 2011, 11:19:19 PM »

Fed says we’re deflating, not inflating.  The Fed WANTS to inflate the dollar, yet even after printing trillions of new dollars out of thin air, it’s still not inflating.  Look at the yields on Treasuries.  Since it hasn’t inflated at this point, it seems a little illogical to think all of a sudden the dollar is going to inflate. 

Is the price of housing going up or down?
Is the price of consumer goods and electronics going up or down?
Is the price of labor going up or down (for the 99%ers)?
Is productivity going up or down?
Is Japan buying dollars to keep the yen artificially low?
Is China manipulating the yuan to keep exports up?
Are they digging up new gold everyday?
Can you eat gold?
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