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BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002

 
get ready
User ID: 11470577
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02/08/2013 06:33 PM
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BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
[link to hotbedinfo.com]


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.
Anonymous Coward (OP)
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02/08/2013 07:15 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
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)
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02/08/2013 07:31 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
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Anonymous Coward (OP)
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02/08/2013 07:42 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
Thread: Google Chairman dumping half of his stock and Venezuela devalues its currency!
Nikola Tesla

User ID: 18230284
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02/08/2013 08:00 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
[link to hotbedinfo.com]


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.
 Quoting: get ready 11470577


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)
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02/08/2013 08:16 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
Back in nam we used to eat kitten
Anonymous Coward
User ID: 33979057
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02/08/2013 11:09 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
I hear Ben bernake can suck the chrome off a trailer hitch
Anonymous Coward
User ID: 17520273
Canada
02/08/2013 11:18 PM
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Re: BEN BERNAKES PROMISE TO DEVALUE THE CURRENCY IN 2002
[link to hotbedinfo.com]


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.
 Quoting: get ready 11470577


40 percent fixed devaluation or over time im hearing conflicting story's
hidinghidinghidinghidinghidinghidinghiding





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