No Way Out: A Fifty Percent Dollar Devaluation

Discussion in 'America Attacks!' started by Solve et Coagula, Jan 14, 2007.

  1. Solve et Coagula

    Solve et Coagula Member

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    No Way Out: A Fifty Percent Dollar Devaluation
    by Robert McHugh

    Artificial Economics, the brainchild of the Master Planners, has focused on building an economy where debt -- not income -- pays for goods and services. The emphasis upon debt instead of income via hyper-inflating the money supply in stealth fashion, has destroyed the dreams of millions of Americans. Artificial Economics is a silent economic disease. A coming significant devaluation of the dollar is a likely and necessary consequence.

    The use of hyper-inflated money supply to postpone a recession over recent years has served to create an imbalance between income and assets. Debt covered the gap for a while, but now debt is extreme, with a limited useful life. With high paying jobs being exported, and a limit to what is essentially slave labor from illegal immigrants, future productivity gains which translate into income are almost entirely technology dependent. If technology fails us, then the debt-to-income imbalance, then the asset-toincome imbalance must be reckoned with. Undoubtedly, that reckoning will either be a nasty recession/ depression -- where asset values drop below debt levels, leaving us with an imbalance between both assets and debt, and income and debt -- or a significant and sudden devaluation of the dollar.

    Continue to read:
    http://www.safehaven.com/article-6696.htm
     
  2. wackyiraqi

    wackyiraqi Senior Member

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    What the fuck does this have to do with America Attacks? How is this clown not banned yet?
     
  3. stinkfoot

    stinkfoot truth

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    Oh don't be so hard on Solve et Copypaste.
     
  4. guy

    guy Senior Member

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    solve et coagula

    is a a reactionary spammer to the war lovers who paste on this site, he infuriates them.
     
  5. Piney

    Piney Lifetime Supporter Lifetime Supporter

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    Price of oil has dropped this week
     
  6. Carlfloydfan

    Carlfloydfan Travel lover

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    since dec. 26 the dollar has actually increased in strength by about 5%..against the euro at least
     
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