Bye Bye Dollar...Hello Yuan! So it Begins... | |
Anonymous Coward User ID: 14443159 United States 02/18/2013 01:14 PM Report Abusive Post Report Copyright Violation | My intuition tells me we will see a natural catastrophic event first then from there they will make a unified currency. I don't think the bankers will let dollar completely collapse. The Arabs won't let that happen either. it will probably be heavily adjusted. but a complete collapse means total loss of control & power which our government and bankers will not let it happen. Quoting: Anonymous Coward 14443159 So, does this mean the world is divided. Russia and China want to dollar to collapse while countries that have a lot to lose like Saudi would fight to see it stay a float? Is this what could be a trigger to cause WW III ?? Why Russia and China "want the dollar to collapse"? Just because they "dare" to use another currency on their international trade? Who "elected" the US dollar as the world's currency? Who said countries are obliged to use the US dollar in their international trade? Countries have the right to use the currency of their choice on their international trade. Nobody is "forcing" the dollar to collapse. exactly. China and Russia simply don't want to be forced to buy USD to purchase oil etc, which is slavery. Nobody wants to 'collapse' the USD. America is like a fat guy collapsing himself because his matchstick legs (middle class American) can no longer support all the useless weight. |
Anonymous Coward User ID: 12907012 Philippines 02/18/2013 01:14 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Yeah. The 350 million Americans who are NOT Jewish had absolutely NO hand in the destruction of America. The 7 billion people on the planet who are NOT Jewish had absolutely NO hand in the destruction of the world. No matter what, its ALWAYS the Jews' fault. :anger: When 300 passengers are flying in an airplane, one pilot is more important than all of them to survive. What if he is piloting the plane remotely from Tel Aviv? |
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Anonymous Coward User ID: 28053288 United States 02/18/2013 01:21 PM Report Abusive Post Report Copyright Violation | I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... One of the few intellgent people here I look up to, this has to be the best guess that does make sense with the direction of everything including the build up of China |
Anonymous Coward User ID: 23766809 United States 02/18/2013 01:25 PM Report Abusive Post Report Copyright Violation | I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... Sure thing there cupcake. Just keep telling yourself that. The more you say it, the more you will believe it. You're probably a big fan of MSM. Although you likely will not admit that here. |
Anonymous Coward User ID: 34667639 United Kingdom 02/18/2013 01:27 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Yeah. The 350 million Americans who are NOT Jewish had absolutely NO hand in the destruction of America. The 7 billion people on the planet who are NOT Jewish had absolutely NO hand in the destruction of the world. No matter what, its ALWAYS the Jews' fault. :anger: Glad to see someone can explain it simply,thanks |
Saddletramp User ID: 736749 Puerto Rico 02/18/2013 01:28 PM Report Abusive Post Report Copyright Violation | ... Quoting: SteamrolledGobias I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... Sure thing there cupcake. Just keep telling yourself that. The more you say it, the more you will believe it. You're probably a big fan of MSM. Although you likely will not admit that here. Really, do you see MSNBC or CNBC telling you this? I haven't heard Jim Cramer mention this once, though it's not likely that buffoon is in the know. But the plans are available out there, you just have to know where to look and who to talk too... I'm not advocating this, I'm just trying to warn people... Last Edited by Saddletramp on 02/18/2013 01:32 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 989322 United States 02/18/2013 01:34 PM Report Abusive Post Report Copyright Violation | 6 pages,144 threads going back to 2005 "The End Of The US Dollar" [link to www.godlikeproductions.com] I'll believe it when I see it!! Otherwise it's More Failure.. |
Anonymous Coward User ID: 34581660 United States 02/18/2013 01:36 PM Report Abusive Post Report Copyright Violation | I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... Saddletramp, a well thought out post. The majority here have no monetary knowledge what so ever. They continue to spout ethnic, religious and outright ignorance to try and seem intelligent. What a bunch of Morans' Thanks, at least there a couple of critical thinkers here ! |
Tasty THC User ID: 33226973 Canada 02/18/2013 01:40 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Yeah. The 350 million Americans who are NOT Jewish had absolutely NO hand in the destruction of America. The 7 billion people on the planet who are NOT Jewish had absolutely NO hand in the destruction of the world. No matter what, its ALWAYS the Jews' fault. :anger: I like you, Cartman... Don’t rock the boat, she’s your lifeline out here. -LSDMTHC- |
Anonymous Coward User ID: 34691990 Spain 02/18/2013 01:46 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Smartness wins from brutal force, that's evolution: good for them! |
Anonymous Coward User ID: 23766809 United States 02/18/2013 01:48 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 34680879 You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... Sure thing there cupcake. Just keep telling yourself that. The more you say it, the more you will believe it. You're probably a big fan of MSM. Although you likely will not admit that here. Really, do you see MSNBC or CNBC telling you this? I haven't heard Jim Cramer mention this once, though it's not likely that buffoon is in the know. But the plans are available out there, you just have to know where to look and who to talk too... I'm not advocating this, I'm just trying to warn people... Whatever you say there chucklehead. Good luck with that shit... you're gonna need it. |
Anonymous Coward User ID: 34134473 United Kingdom 02/18/2013 01:49 PM Report Abusive Post Report Copyright Violation | My intuition tells me we will see a natural catastrophic event first then from there they will make a unified currency. I don't think the bankers will let dollar completely collapse. The Arabs won't let that happen either. it will probably be heavily adjusted. but a complete collapse means total loss of control & power which our government and bankers will not let it happen. Quoting: Anonymous Coward 14443159 I think its way beyond saving, its the bankers and government s(printing billions of dollars) caused the problem. Why wouldnt the Arabs let it happen ? Selling oil is a business - would you take toilet paper with $ signs printed on it or a currency with VALUE ? The days of the west being dominant are rapidly coming to and end. |
0311INFANTRYSIR User ID: 29546719 United States 02/18/2013 01:52 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 As long as we stand, and do not let them disarm us, when whomever flees the sinking ship, we will be here to start over fresh. Fuck China and our debts to them, they artificially created them in the first place by devaluing their currency by 50% at the onset of NAFTA. They knew what they were doing. They even told their people, "The next ten to Fifteen years will be poor years, but your children and their children will live in a country of plenty. America was sold out, to the lowest bidder, who became the highest bidder. "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" ~ Benjamin Franklin. |
Anonymous Coward User ID: 25801142 United States 02/18/2013 01:54 PM Report Abusive Post Report Copyright Violation | The final showdown in the ongoing financial war is appearing imminent. The 140 nation BRICS alliance is preparing to offer to buy up all cash US dollars and replace them with a new currency backed by a basket of commodities, including precious metals, according to multiple sources. After that move, any money printed by the US Federal Reserve Board crime syndicate would not be accepted as currency by the 140 nation group. This would force an end game for the criminal cabal that illegally seized power in the United States. [link to goingglobaleastmeetswest.blogspot.com] |
MartianPrincess User ID: 1302027 United States 02/18/2013 01:54 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 True, neighbour ;) Both of you shut the fuck up. Always so f'ing predictable blaming the Jews, as you live STEEPED in Islam, in your own countries. Go fix your own problems first, then opine on ours. Bunch of liberal Euro pansies. Occam's Razor, morans! |
0311INFANTRYSIR User ID: 29546719 United States 02/18/2013 01:54 PM Report Abusive Post Report Copyright Violation | My intuition tells me we will see a natural catastrophic event first then from there they will make a unified currency. I don't think the bankers will let dollar completely collapse. The Arabs won't let that happen either. it will probably be heavily adjusted. but a complete collapse means total loss of control & power which our government and bankers will not let it happen. Quoting: Anonymous Coward 14443159 I think its way beyond saving, its the bankers and government s(printing billions of dollars) caused the problem. Why wouldn't the Arabs let it happen ? Selling oil is a business - would you take toilet paper with $ signs printed on it or a currency with VALUE ? The days of the west being dominant are rapidly coming to and end. This has nothing to do with the Arab markets anymore, it has to do with China Owning most of the United States and all they have to do is call in their debts. One portion of the agreement to the continued free flow of money into the US "FOR NOW" is that America Disarm its people. Think on that one for a minute. The Chinese wanted us disarmed before they call in their "notes" on America. "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" ~ Benjamin Franklin. |
Anonymous Coward User ID: 31762674 United States 02/18/2013 01:55 PM Report Abusive Post Report Copyright Violation | I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Why do you think we only have a few months left? I've been hearing about the collapse of the dollar for years. I'm not saying it won't ever happen, but why do you believe we have only a few months left? |
Saddletramp User ID: 736749 Puerto Rico 02/18/2013 01:56 PM Report Abusive Post Report Copyright Violation | ... Quoting: Saddletramp Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... Sure thing there cupcake. Just keep telling yourself that. The more you say it, the more you will believe it. You're probably a big fan of MSM. Although you likely will not admit that here. Really, do you see MSNBC or CNBC telling you this? I haven't heard Jim Cramer mention this once, though it's not likely that buffoon is in the know. But the plans are available out there, you just have to know where to look and who to talk too... I'm not advocating this, I'm just trying to warn people... Whatever you say there chucklehead. Good luck with that shit... you're gonna need it. When it happens, it will be people like you that will need "luck". You don't have to believe me, or the BIS, or the Fed...just remember who told you first. "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 14443159 United States 02/18/2013 01:56 PM Report Abusive Post Report Copyright Violation | Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. Quoting: Saddletramp The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... How can the old dollar work the same way in the new system? In other words, the one dollar I made today is based on a different debt scenario from the dollar after a unitized monetary system is set up. So how can the two have same value? The commodities each government use to back up their currencies will be changing too, so the value relation won't stay static unless governments agree to keep the number/amount fixed. Looks to me the only way to make it work is to have literally one money for all the countries involved, it probably won't have a familiar look like my dollar today. |
Anonymous Coward User ID: 33724411 Germany 02/18/2013 02:00 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Obama isn't a Jew, you Nazi retard. But over 50% of the contributions to the democrat party come from Jews. |
Anonymous Coward User ID: 33724411 Germany 02/18/2013 02:01 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 Smartness wins from brutal force, that's evolution: good for them! Liar. Evil wins over good. |
Saddletramp User ID: 736749 Puerto Rico 02/18/2013 02:02 PM Report Abusive Post Report Copyright Violation | Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. Quoting: Saddletramp The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... How can the old dollar work the same way in the new system? In other words, the one dollar I made today is based on a different debt scenario from the dollar after a unitized monetary system is set up. So how can the two have same value? The commodities each government use to back up their currencies will be changing too, so the value relation won't stay static unless governments agree to keep the number/amount fixed. Looks to me the only way to make it work is to have literally one money for all the countries involved, it probably won't have a familiar look like my dollar today. They will devalue (hyper-inflate) the currency, then they will return backing (deflate) the currency. But to do this they will have to remove a lot of currency from circulation, both electronically and printed. You will get to trade in $200 old, for $100 (or something along those lines), and they will just cut the electronic money in your bank accounts by that same percentage, then they will peg all the world currencies at a static value in relation to each other, and the way they will keep that value static is by; 1.) Removing currencies from market control. 2.) Having central control over how much of each currency is in circulation, (taking that away from the individual countries). Last Edited by Saddletramp on 02/18/2013 02:04 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 1310640 United States 02/18/2013 02:02 PM Report Abusive Post Report Copyright Violation | I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... I respecrfully disagree. They will demand payment in full all debts and since none of you have it, you will be put out and left to die as criminal vagrants or criminal gangs, and everything you once had will revert to the bankers who wont need you. They have accumulated enough infratructure that they dont need 99% of you to provide for them anymore, even those that still can, for you and your unwashed masses far outnumber them, and, when desperate enough may indeed demand revenge and try to overwhelm their comfortable govdotorg defenses, so all of yoou dead is better for them resting in bed. The flaw in your explanation is that they dont need you anymore, indeed the general public is in the way and needs to be culled, which leaves everything automatically to revert to govdotorg ownership with no muss and no fuss. |
Saddletramp User ID: 736749 Puerto Rico 02/18/2013 02:06 PM Report Abusive Post Report Copyright Violation | ... Quoting: SteamrolledGobias I would just not keep more than $1000USD saved and have all your money in some type of investments. metals, business ideas, whatever. be prepared to change currencies once the USD begins crashing You can't spend yuan in America. By the time the banks got thru with you on the exchange you will be screwed. Do not buy stocks. Do not by currency. Buy property/land with value. Acreage if you can but for cash. Don't hold a mortgage unless you know you will always have a job. Pay off your mortgage if you can before your money is devalued in half cause it will be. Cash shit out right now if you have to. Buy Food. Right Now. Right Now. Enough dry goods for a couple of years because in a few months you won't be able to afford food. Get it. Get a job closer to home because of the fuel prices and get a bike. Not motorized. Get a peddle bike or scooter and then keep it looked up cause it will be a commodity. Down size now and sell all your useless shit right now. Go buy a puddle jumper if you need wheels. Get rid of payments right now. Get Garden seeds and all the shit you need for a garden right now. If you fail to do these things right now in a few months you will be sucking on this advice and eating dirt. Here's the deal guys, over the next few years we will see the inevitable re-backing of currencies around the world with a basket of commodities/securities approach. The Chinese may start that process by backing the Yuan with gold, but there will not be enough in circulations to fill the demand for it, not even close. This will however, signal the end of the Dollar as the world reserve currency! Eventually, after enough Chaos has ensued that people demand a solution, each country will begin backing their currencies with the commodities/securities that they produce. Then all of these currencies will be pegged together and put under the control of a world organization (government) most likely the BIS (Bank of International Settlements). So even though your dollar will still look familiar to you, it will have a static value in relation to the Chinese Yuan. This will essentially be your world currency... This will serve two purposes, this devaluation, then eventual re-valuation of currency will solve the sovereign debt crisis. And it will put the total assets of every country under the control of the Central Banks, who in turn will be controlled by the BIS... And 90% of people will get on their knee's to thank them for saving a small pittance of the pension or 401k... Mark my words, it's coming... I respecrfully disagree. They will demand payment in full all debts and since none of you have it, you will be put out and left to die as criminal vagrants or criminal gangs, and everything you once had will revert to the bankers who wont need you. They have accumulated enough infratructure that they dont need 99% of you to provide for them anymore, even those that still can, for you and your unwashed masses far outnumber them, and, when desperate enough may indeed demand revenge and try to overwhelm their comfortable govdotorg defenses, so all of yoou dead is better for them resting in bed. The flaw in your explanation is that they dont need you anymore, indeed the general public is in the way and needs to be culled, which leaves everything automatically to revert to govdotorg ownership with no muss and no fuss. You don't understand, they printed the money for nothing. It's fiat, in return these countries will have to put a huge portion of their national assets under the control of the Central Banks... Money for nothing, Real assets for free... The only way any of these countries are going to pay back their debts is to volunteer to be looted...it's already happening, just look at Greece... Last Edited by Saddletramp on 02/18/2013 02:08 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Skin Suit User ID: 22870849 United States 02/18/2013 02:06 PM Report Abusive Post Report Copyright Violation | |
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Machine42 User ID: 33427808 United States 02/18/2013 02:08 PM Report Abusive Post Report Copyright Violation | The Jews have sold America to China. Once China will claim what is theirs, the Jews will leave the sinking ship and start all over again in another country. History repeating itself, over and over again. Quoting: Anonymous Coward 34349378 True, neighbour ;) You guys are full of it!! Not everyone at the top is Jewish!! |