Stunning Forbes Article: Devalue the Dollar

....

They think like this because they have a lot of money and don't have to work. Devaluing will only be first part. Then they will stop interest on the debt. Then they will default on the principal.

Sheldon Waxman
sheldonw72@gmail.com
www.thelawyer.info
www.independentcontractor.info

They devalued it when they doubled the money supply so they halved the value of every dollar out there. The market just hasn't caught up yet because the money is still sitting in banks.

Money is a product. When there is a shortage then values go up.

When there is a glut then values go down.

Tying money to Gold stabilizes it. Matter can neither be created nor destroyed. Economic principles need to be backed up with physical laws or else your get counterfeiting and inflation.

During Inflation wages lag behind prices and the worker loses and the seller gains. Worker must earn MORE or fall behind. Inflation is a terror for working families. The Federal Reserve is an infaltionary system by design.

"The Federal Reserve is a fraudulent system."
~Lew Rockwell

it only appeared in his magazine. We all know Steve Forbes is for a strong dollar and he campaigned for Dr. Paul and he would have been much better than Bush in 2000.

Not only debt stays the same, so does savings. Gotta punish those selfish savers. Reward patriotic debtors and asset speculators.

...

...He's actually one of us. I read his article, and replied as any Ron Paulian would, and this was his reply:

"I agree with you entirely, but letting everything fail would be more painful (but truly capitalistic) and the government will not live with that solution. My alternative rewards everyone with assets instead of just the culprits. The final result of devaluation will be the same, though it may not be as well contained in the government’s programs.

I don’t like the situation, did not cause it, and have written articles since the end of 2005 warning of the Fed’s easy money policy, and the ridiculous mortgages being made in ’06.

I would like to do away with the Fed and these bubbles – let the markets adjust interest rates."

Emphasis on "the government will not live with that solution." This man is a realist, and came up with a suggestion that is actually plausible for the government to follow. Our government will never allow the economy to collapse until our currency collapses.

Russia has been actively devaluing their Ruble.

"My jaw is still on the floor. How can anyone think like this?"

Hmmm let's see.... someone that has A LOT of investments in other currencies or assets that aren't in USD?

You know what at this point they are not going to get off the path they have been on so let them do it, let the false equity in my real estate rise 30% and give all the sheep a false sense of recovery so I can unload it all and buy my retreat property and get all set up to be self sufficient.

Because I will be better off then I am now if it all crashes right now. I am doing better then most with my preps because I started many years ago but I played the game and let slide for too long my final plans and am now between a rock and a hard place as far as location and real estate holdings.

The sheep are never going to wake up until it's too late so I say give them one last hurrah so patriots can make final preparations before the piper comes marching into town demanding payment...

-----
Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken

Get Prepared!

Well....this is the next logical step in the Keynesian progressive mind. Are you really stunned that such a suggestion would arise?

http://www.1776solution.blogspot.com

"So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so; for tyrants are active and ardent...to put shackles upon sleeping men.
— Voltairine de Cleyre (1886-1912)

It good for us! It will help us out!?

Stunning to say the least.

All aboard. Buy some precious metal if possible.

Silver rounds at APMEX still less than $12/oz.