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MEMBER & GUEST INTERACTION SECTION
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THE COFFEE HOUSE ((( SOCIAL - ROOM )))
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The Dollar Losing Value "Effects"
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Topic: The Dollar Losing Value "Effects" (Read 313 times)
Shanevrr
Field Bee
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Location: Staunton VA
The Dollar Losing Value "Effects"
«
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
Universal Bee
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Location: boring, oregon
Re: The Dollar Losing Value "Effects"
«
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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"What has destroyed liberty and the rights of man in every
government which has ever existed under the sun? The generalizing
and concentrating all cares and powers into one body, no matter
whether of the autocrats of Russia or France, or of the
aristocrats of a Venetian Senate." --Thomas Jefferson to Joseph C.
Cabell, 1816.
BlueBee
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Re: The Dollar Losing Value "Effects"
«
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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