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FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less

 
Anonymous Coward
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11/07/2011 03:31 PM
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FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
[link to bobchapman.blogspot.com]

"Bob Chapman : ...we broke that story two weeks ago , banks are being told , and I get this right from the people who are at the top of the banking profession not with major banks but with top middle sized sized banks and they go to the FED meetings and they tell me what goes on and they told me that the FED told the Banks to clear safe secure storage because we are getting ready to print a new currency , it's not the Amero it's a dollar probably a different one of what you have already , it's underway , it may not be in the printing stage yet but the plans are there ....because the FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less ....."
cdevidal

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11/07/2011 03:35 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who saw Ferris pass out at 31 Flavors last night. I guess it's pretty serious.
Anonymous Coward (OP)
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11/07/2011 03:36 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Thanks for the pin.

I remember reading about 2012 / dollar / each brick of 20 years on the dollar bill pyramid. I wonder if this is significant or even the agenda.
Anonymous Coward
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11/07/2011 03:40 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
That's why there's going to be a war with Iran!
Anonymous Coward
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11/07/2011 03:40 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Any more details on this?

I gave heard in the past that if/when this occurs, there may be one currency that is used within the USA and another US currency (valued differently) used for outside this country.
Rowsdower

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11/07/2011 03:43 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
who isn't expecting the dollar to no longer be the world reserve currency?? the signs have been mounting for the last few years...

it's going to happen.

and the effects are terrifying
Anonymous Coward (OP)
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11/07/2011 03:48 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Any more details on this?

I gave heard in the past that if/when this occurs, there may be one currency that is used within the USA and another US currency (valued differently) used for outside this country.
 Quoting: Anonymous Coward 1337441


I would like to see more infos to your comment if you have any plz.
Anonymous Coward (OP)
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11/07/2011 03:52 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Just been having a chat with a friend about this (USA) and he reckons that they maybe thinking about changing the dollar "design" and rendering old dollars useless.... this would

a) hamper illegal money (cash laundering)
b) get out the hidden money (old folks hiding it in the bed)
c) ????

I would think if they were just changing the dollar for this purpose then they may as well goto electronic cash 100% to get the same effect.
<<FOCUS HARDER>>

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11/07/2011 04:02 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
I call Bullshit, and not because I don't believe it isn't possible, but because I've heard this before that the banks were being told to clear out storage for new dollars. It was like 2 years ago.
The Roaming Darkness
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Anonymous Coward
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11/07/2011 04:03 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Well yea the Federal Reserve note scam is on the way out and a new US dollar legal treasury money is going to come online.
Anonymous Coward
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11/07/2011 04:09 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Perhaps we should just trade and barter goods without a currency, and use silver and gold when necessary?
Anonymous Coward (OP)
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11/07/2011 04:20 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
The video...


Anonymous Coward
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11/07/2011 04:20 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who saw Ferris pass out at 31 Flavors last night. I guess it's pretty serious.
 Quoting: cdevidal


bsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflagbsflag
Anonymous Coward
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11/07/2011 04:24 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
I call Bullshit, and not because I don't believe it isn't possible, but because I've heard this before that the banks were being told to clear out storage for new dollars. It was like 2 years ago.
 Quoting: <<FOCUS HARDER>>


At this point Bob Chapman's credibility on these topics is there with Sorcha Fail and Buford Fulford

Sorry...not buying it. Bob Chapman talking his book, imho

What's going to replace it...the Euro?

Give me a break...the US is in bad shape, others are in even worse shape, and there's not enough gold to go around to make gold the reserve currency

Actually, the US currency may have surprising strength in the coming 2 years...
mindfrac

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11/07/2011 04:37 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Do you know how long Bob Chapman has been saying this stuff?

Do you know how long Bob Chapman has been saying gold is going to $5,000 an ounce?

In reality, no body knows. Bob Chapman is a salesman and speculator like everyone else...

His predictions have failed many many times. He has a vested interest that you buy his gold or his silver. I woke up to the beef jerky years ago, especially after he joined the Alex J's brigade.
'It's Not the People Who Vote that Count; It's the People Who Count the Votes' - Josef Stalin
Anonymous Coward
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11/07/2011 04:40 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
I don't believe this at all. The USA dollar is still really appealing as a reserve currency, and there are not many good alternatives. Also we will use nuclear weapons to defend its status so I don't think its going anywhere.

Also I believe that paper currency is going away in favor of pure electronic credit. I don't believe the investment in HUGE amounts of new paper will be made. It's only a matter of time before paper dollars are no longer used.

I collect some to set aside, they are part of my coin collection. But they are sitting next to a large box of defunct paper currencies.

What happening is that the dollar is transforming, they wont replace it so much as just mash it around a bunch. I think that more likely thing is that in a year and half we just wont recognize it.

One thing to consider is that so far the USA dollar has proved over and over again to be the most abuse resistant. currency ever created. Why is this time different?
cdevidal

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11/07/2011 04:47 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who saw Ferris pass out at 31 Flavors last night. I guess it's pretty serious.
 Quoting: cdevidal


That's an obscure way to say, this is hearsay. No validation.
Anonymous Coward
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11/07/2011 04:55 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
who isn't expecting the dollar to no longer be the world reserve currency?? the signs have been mounting for the last few years...

it's going to happen.

and the effects are terrifying
 Quoting: Rowsdower


Gold and Silver everyone!
Philligan
in rainbows

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11/07/2011 05:04 PM

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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
If the dollar is ever removed as the default currency it will be catastrophic for our economy. Mass panic on the streets, anger, riots, worse than anything.

Your savings will mean nothing. We have the super committee that has a Nov 23rd deadline. The debt will continue until this current credit card is maxed out.

usdebt

Last Edited by Philligan on 11/07/2011 05:05 PM
Pray for Us Sinners Now and at the Hour of our Death
Anonymous Coward
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11/07/2011 05:10 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
LW says the pretty much the same thing
Shogu666

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11/07/2011 05:10 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Finally world will be free

dance
smokahontas

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11/07/2011 05:11 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
They will get rid of cash,,,go to a digital credit system. The SDR at the IMF will be the new reserve currency. It has been in the works for years and they almost have the sheep ready to play ball. It is collapsing. This is the end of empire. Close your bank accounts,, buy food water and supplies. It is the idea of exceptionalism that will keep most from believing this is possible. The age old "It wont happen here, not to us." mentality that keep people from seeing or prepping. If you would have told a german during the weinmar republics dying days of what was coming,or the end of the ottoman empire, or the british empire, or the dutch, or the french,or the romans, they too would have said, "Not here, not to us."
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Carol B.

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11/07/2011 05:29 PM

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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
who isn't expecting the dollar to no longer be the world reserve currency?? the signs have been mounting for the last few years...

it's going to happen.

and the effects are terrifying
 Quoting: Rowsdower


Gold and Silver everyone!
 Quoting: WatchmenOnTheWall


cheers
Prayer.....the world's first wireless connection.
DonHeau

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11/07/2011 05:38 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
I have been hearing this for years....hopefully things will get worked out and we will all be happy.
We opened doors by thinking.
Anonymous Coward
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11/07/2011 05:46 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Just been having a chat with a friend about this (USA) and he reckons that they maybe thinking about changing the dollar "design" and rendering old dollars useless.... this would

a) hamper illegal money (cash laundering)
b) get out the hidden money (old folks hiding it in the bed)
c) ????

I would think if they were just changing the dollar for this purpose then they may as well goto electronic cash 100% to get the same effect.
 Quoting: Anonymous Coward 1438736




That would be good....my bed is getting so lumpy I can hardly sleep on it anymore..... Also, the bed bugs are eating it up.



.
G. House

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11/07/2011 06:05 PM

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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
[link to bobchapman.blogspot.com]

"Bob Chapman : ...we broke that story two weeks ago , banks are being told , and I get this right from the people who are at the top of the banking profession not with major banks but with top middle sized sized banks and they go to the FED meetings and they tell me what goes on and they told me that the FED told the Banks to clear safe secure storage because we are getting ready to print a new currency , it's not the Amero it's a dollar probably a different one of what you have already , it's underway , it may not be in the printing stage yet but the plans are there ....because the FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less ....."
 Quoting: Anonymous Coward 1438736


Doubtful.

For all the bad shit going on right now the US dollar is still one of the more stable currencies available.

I think you will see the Euro go away before the dollar does.

And as far as being the worlds reserve currency?

I really don't see a change in that coming soon.
"Everybody lies."
Anonymous Coward
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11/07/2011 06:38 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Any more details on this?

I gave heard in the past that if/when this occurs, there may be one currency that is used within the USA and another US currency (valued differently) used for outside this country.
 Quoting: Anonymous Coward 1337441


This would make extreme sense. Our salaries etc. could remain the same, they would just be lower when looked at from outside the US. Our exports could be priced lower but imports would increase in price.
Epic Beard Guy

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11/07/2011 07:20 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
That story was written in stone over a year ago. O-bla-bla went way out of his way to make sure the petro-dollar was history. People in general don't understand the benefit of having your currency as the global standard. This will be very bad for the American economy. The rest of the world will not be spared when the dollars hits the dump. This will be a global disaster.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward
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11/07/2011 07:24 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
A link to a blogspot article, goodness how can it be anything other than the absolute truth. Anyone can set up a dopey blog and post whatever they want. That doesn't mean there's any credibility behind it.

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Anonymous Coward
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11/07/2011 07:25 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
Chapman is a shill.
John Donson
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11/07/2011 07:28 PM
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Re: FED is expecting as is the treasury the the US Dollar is not going to be the reserve currency of the world in about a year and a half may be less
I remember talking to a full bird Colonel back in March. He told me that the Dollar wont be around come 2012. I didn't ask where he got his info from because you can't do that to a Col.
It may have been his own take on things but the guy was serious about 1 world currency coming soon.





GLP