BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002 | |
Anonymous Coward (OP) User ID: 11470577 United States 02/08/2013 07:15 PM Report Abusive Post Report Copyright Violation | This should get pinned right beside Venezuelas move to devalue its currency 47% In a currency war combined with the elites wet dream to rape Americas wealth and constitution ,promised currency devaluation is probably the last thing uncle Ben bernake can and will do as QE has proven to be disastrous |
Anonymous Coward (OP) User ID: 11470577 United States 02/08/2013 07:31 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 11470577 United States 02/08/2013 07:42 PM Report Abusive Post Report Copyright Violation | |
Nikola Tesla User ID: 18230284 United States 02/08/2013 08:00 PM Report Abusive Post Report Copyright Violation | [link to hotbedinfo.com] Quoting: get ready 11470577 Bernanke gave a speech — a very important speech at the National Economist Club in Washington, DC. The speech was given on 11/21/02. Currently, the Federal Reserve is monetizing its debt. It owns $3 Trillion of its own debt; China holds the rest. Bernanke said he would do 5 things: 1) I will not restrict money supply and will lower interest rates to zero. 2) I will buy securities from the banks to expand the federal balance sheets (FEDS nationalizing corporations) 3) I will increase the money supply (Helicopter Ben) 4) I will buy the country’s debt via QE1, QE2, QE3, etc. 5) Debasing the currency to $0.00 is the goal. (SOURCE) Bernanke is playing out a hyperinflationary depression for America. Note that China and Japan made a pact to cease using USD for trade. Also know that Bernanke just sent $600 billion to Europe. They’re going to DEVALUE THE DOLLAR by 40%. Your money will be worth 40% less than it is worth now. Your $40,000 a year job will then pay you the buying power of a $26,000 a year job. And Ben is making good on his promise. The currency is being debased through inflation. "One person with courage is a majority." - Thomas Jefferson "You’ve heard that we are what we eat. But we also are what we think". “Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." -William F. Buckley Jr. |
Anonymous Coward (OP) User ID: 11470577 United States 02/08/2013 08:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 33979057 United States 02/08/2013 11:09 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 17520273 Canada 02/08/2013 11:18 PM Report Abusive Post Report Copyright Violation | [link to hotbedinfo.com] Quoting: get ready 11470577 Bernanke gave a speech — a very important speech at the National Economist Club in Washington, DC. The speech was given on 11/21/02. Currently, the Federal Reserve is monetizing its debt. It owns $3 Trillion of its own debt; China holds the rest. Bernanke said he would do 5 things: 1) I will not restrict money supply and will lower interest rates to zero. 2) I will buy securities from the banks to expand the federal balance sheets (FEDS nationalizing corporations) 3) I will increase the money supply (Helicopter Ben) 4) I will buy the country’s debt via QE1, QE2, QE3, etc. 5) Debasing the currency to $0.00 is the goal. (SOURCE) Bernanke is playing out a hyperinflationary depression for America. Note that China and Japan made a pact to cease using USD for trade. Also know that Bernanke just sent $600 billion to Europe. They’re going to DEVALUE THE DOLLAR by 40%. Your money will be worth 40% less than it is worth now. Your $40,000 a year job will then pay you the buying power of a $26,000 a year job. 40 percent fixed devaluation or over time im hearing conflicting story's |