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Message Subject DHS Insider: Obama’s cyber warriors & preparing for collapse
Poster Handle Anonymous Coward
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So the "collapse" is the devaluation of the USD?

Heck, it's no secret that the Fed is trying to devalue the USD.

And the European Central Bank is trying to devalue the Euro.

And the Japanese Central Bank is trying to devalue the yen.

And the People's Bank of China (Chinese Central Bank) is maintaining a peg (fixed exchange rate) of the yuan vs. the USD.

So everyone all over the world is trying to devalue, to stimulate their economy. The reason it's not working isn't that they are not trying, but because they can't all devalue at once. They can't ALL win the race to the bottom!




What do I think of a dollar devaluation? I think it's the cheapest way to pay our debt, because it makes the Chinese pay part of it. If we keep a strong dollar and try to pay down the debt via taxes, we will surely strangle what little life there is in our economy.
 Quoting: Anonymous Coward 33389306


Wrongo, The end game is a transition to communism, not debt buy down. Lotsa things to, one of them is destruction of currency/economy. Make it so bad everyone flocks to it. We are watch history unfold here.
 Quoting: uscrusader1


The transition to communism, or at least monarchy or oligarchy, is well underway already. Obama lost the recent election but was reappointed. He's never had to answer the very cogent questions about his eligibility. And so on. That's political. They just rig the voting and the counting and continue on their merry way.

But regardless of political system, the economic realities are that we've got to renounce the debt or inflate it away. Trying to pay it in strong dollars would be obviously futile and impossible.

Let's not mix up the political and economic. Sure they are related, but they are not the same, and here one can probably have one without the other.
 
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