***US dollar Set to Be Destroyed by Inflation of Money Supply***
Dollar Set to Be Destroyed by Inflation of Money Supply
The dollar is set to be destroyed and most people are setup to be blindsided. Perhaps many of us do not even understand what it means for the dollar to tank.
This means that the dollar will lose a drastic amount of value in the coming months or years. For example, if you pay $3 for a box of cereal today then next year, or a couple years from now, it may cost $4 or $10 or $25. Rising prices are caused by shortages of supply, higher demand, or increasing the money supply.
One things we certainly have right now: An increase in the money supply... Remember the bailouts, the injections of liquidity into the markets, deficit spending, and massive loans to large dying corporations? This spells one thing: New Money. These huge items are being and will be financed by inflation (an increase in the supply of money).
Of course dollar devaluation is nothing new.
Getting our heads out of the sand.
The more knowledge we have the better. I have found that reading and learning about things that many people might call fear mongering or scary, have helped me to rise above fear. Strange, but the more I know about the system and the dangers coming in the future, the more secure I feel. Perhaps it is pulling my head out of the sand and getting prepared.
What has learning more cause you to feel?
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
Just another fear message
designed to keep you freaking out about details and off of the truth.
What cost $1in 1900 costs $25 today.
This is achieved with the help of Chinese slavery.
Why not ask WHO is behind the printing of too much money and why they are doing it instead of screaming our money is going to collapse?
It already has and will continue to do so as long as we discuss the "drama of the week" instead of the truth.
Why do the families that own all the central banks on the planet want to print "too much currency?"
Who are they and why. Leave the terror aside as that is what this message does...it scares people and that is how they control us........with fear.
Unify
I think you are mistaken
I think you are mistaken Tstorey, the fact is that Mises, along with others through the years have shown that governments which resort to total fiat to run their empires always, without exception, inflate such currencies to the point of collapse or near collapse. This is not fear-mongering, in fact I would say the people most afraid of such a collapse are the very ones "printing" the money, for such a collapse would mean the end of their systematic control over such money. The entire global economy is built upon this fiat system, it is neither free nor sustainable, nor are the governments which have relied upon such a system safe once it slides, as such systems always do, into oblivion.
People seem to be so afraid of some new world currency, but the fact is that you can not replace a failed system with the same failed system, there must be, as there always has been in history, a sound monetary system to replace the collapsed fiat system. History has taught this lesson time and again however, it appears that the governments of the world and those in power never learn from such lessons. The problem is that those in power believe in their own ability to control the very system they have created, the fact is that they cannot, nor can they save it.
The fact is that we already know who is behind the "printing presses", behind the curtain, behind the power...none of this is new, none of it should be surprising to any of us. Knowledge is the perfect shield against fear, the more knowledge we disseminate the better the chances are that when things do begin to really break down we will be in a position to take advantage of that collapse.
Additionally, do you think Dr. Paul is fear-mongering when he speaks about the collapse of the dollar or the fiat monetary system? He is trying to educate the People about the system, is he not?
Sorry, but I personally think you are barking up the wrong tree on this one.
http://www.1776solution.blogspot.com
“There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.”-Adams
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
Agree
I think the bankers, high level politicians, and Wall Street elite know very well that the dollar and the world fiat system is doomed in short order. What they are doing behind the scenes (something we will never see and only hear about in rumors and speculation) is jockying for position in whatever global monetary system will take the place of the fiat dollar. And they are using gold, cash, bonds, military threats, and whatever they can lay their hands on to get a stake in the new order. And at some point, when that has all been sorted out in the back rooms - and maybe on some battlefields - the public announcement will be made that will destroy the dollar and replace it with something else - very possibly backed by gold.
Agreed.
The more knowledge we have the better. I have found that reading and learning about things that many people might call fear mongering or scary, have helped me to rise above fear. Strange, but the more I know about the system and the dangers coming in the future, the more secure I feel. Perhaps it is pulling my head out of the sand and getting prepared.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
Dollar destroyed? Losing value?
The dollars in circulation bear no resemblance to a real dollar. The real dollar was destroyed long ago and it has no value other than what people imagine it to have. The people are not the creators of the dollar, therefor none of it belongs to the people. The creators of the dollar can destroy their creation at will. I agree that the current fiat dollar will be soon no longer exist. But, I guarantee you all that it will be quickly replaced by something else. Why? The market is very creative and the powers that be do not want their chattel creating their own money, now do they? (otherwise they will lose control). IMHO, I believe that the goal of the NWO is to destroy all paper currencies and replace it with a 100% debit system (cashless.) Once all cash is destroyed, people will have lost all ability to conduct private transactions. If the the gumment doesn't like you, they simply turn off your debit account. There will be no such thing as avoiding taxes and they will know exactly what you use your debits for. They can put filters on your account that would prevent anyone they deem as undesirable from buying certain items (like guns & ammunition). Well, you get the point. I heard Greenspan once say that the printing of money has its limits, but issuing debits can be infinite.
When the dollar crashes (and it will), the people will wail, gnash their teeth, tear at their cloths and beg government for help. This new system will be immediately implemented and the sheeple will go back to sleep as if nothing happened. If the NWO wasn't so damned evil, I would have to admire them for their sheer genius.
The only thing that may save us from the NWO is Murphy's law which is an adage in Western culture that broadly states: "Anything that can go wrong will go wrong." Maybe they will get overconfident and make a big boo boo and all their plans will backfire.
Solution to tyranny: “Be the change you want to see in the world.” Mahatma Gandhi
“Just look at us. Everything is backwards; everything is upside down. Doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and religions destroy spirituality”
Agreed.
I think it's part of the NWO plan. How are you preparing? I'm educating myself and trying to buy real assets that will be of benefit to me for a long time.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
the dipshit bankers locked
the dipshit bankers locked themselves in with endless consumer credit, now as captive investors, they've got no choice but to inflate their way out of this.
The fact is that by its very
The fact is that by its very nature, the fiat monetary system must eventually depend upon an ever-increasing degree of credit issuance to keep the economy afloat since the debasement of the currency has reduced the purchasing power of the currency to such a low level that the population cannot sustain itself without taking on credit.
http://www.1776solution.blogspot.com
“There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.”-Adams
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
and this has happened how
and this has happened how many times throughout history, and we've not learned our lessons yet?
well, not we, since most on this site have educated themselves about snake oil backed money.
You can already see this happening in the price of oil
Thomas Jefferson once said, "The natural progress of things is for liberty to yield and government to gain ground."
Well, I guess he called that one.
A Republic, If You Can Keep It
That is what the Bilderberg Group wants also.
Bilderberg Group orders destruction of US Dollar?
Thursday, 21 May 2009
A new Kremlin report on the shadowy Bilderberg Group, who this past week held their annual meeting in Greece, states that the West’s financial, political and corporate elite emerged from their conclave after coming to an agreement that in order to continue their drive towards a New World Order dominated by the Western Powers, the US Dollar has to be “totally” destroyed.
http://macedoniaonline.eu/content/view/6807/53/
It is important to
It is important to understand that the destruction of the dollar on the global markets is totally and completely different than the collapse of the fiat monetary system, which I see happening. In fact, I see the collapse of all dependencies of that system, including the power structure that is built upon and relies upon that fiat monetary system around the world.
This is not the first time in history that power-brokers have used such a system to gain power and rule, but in every case the elite power-brokers become the victims of their own system, when such fiat systems collapse it is the elite that become the focus of the retribution of the populous; usually the elite are torn from limb to limb in such cases.
It is also very common for society to fall apart during such collapses, governments fall, the elite executed and ultimately it takes a fair amount of time for any type of order to be restored in such cases. I find no logical reasoning behind the idea that the collapse of the entire fiat economy would be contrived by a shadow group of elite since they have a great deal to loose if such a collapse occurs. The fact is that all fiat systems eventually collapse, there is nothing new about what is going on here folks; the fiat system is simply following a well-beaten path of destruction and the pattern of that destruction can be seen in the history of fiat systems previously employed by governments around the world.
While it may be true that on the monetary markets it would be advantageous to the elite to destroy the power of the dollar, it is definitely not in their interest for the total collapse of the fiat system, which is rapidly occurring.
I'm not worried about some elite group, nor do I put much credence in reports that come from the Kremlin any more than I put credence in reports that come from Washington.
http://www.1776solution.blogspot.com
“There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.”-Adams
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
I wonder what totally destroyed means.
It doesn't sound very good.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
Had no idea my article would be so timely.
Dollar down a good bit in the past couple days. No surprise tto us Daily Paulers I suppose.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
I think that their will be both
inflation and deflation simultaneously.
The credit card defaults have yet to hit, the 2nd wave after the housing crash.
Monetary inflation yes, but certain asset classes are still very much over valued or take an inordinate percentage of the average families income.
The "Jubiliee" cycle of credit, (first credit cards ~ 1955 not major use until 60-15)... If we count that as the beginning of the credit cycle and correlate it also with housing and wages at the time.
One comes to the conclusion that Housing must still drop another 30-50%. Really 50%.
So what you will see is deflation for housing and locally produced goods and services while simultaneously seeing increases in all things imported and requiring high importation of inputs.
This is a good thing for local development and reverses the trend toward going outside the community.
It isn't entirely a bad thing.
Interesting.
I think the housing market could fall further as well.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
How quickly do you think this will happen?
Just curious. I'm guessing about 3 years.
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
Of course, our prices of goods will inflate and conversly our
debt (in dollars ) will deflate and we will pay off the Chinese with pocket change.
Remember the economist from Argentina on the youtube video a couple of weeks ago. He said that 1 pesos from the early 60`s would buy the complete country of Argentina now due to 45 yrs. of inflation.
Get ready for some tough times and hold your hard assets tightly.
"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs
chinese have nothing to
chinese have nothing to worry about.. the destruction of the dollar is all about getting the Amero going. The Chines have been buying gold and everything else under the sun.. they will come out of it just fine.. we won't.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
I am not worried about the Chinese , they are "producers" , we
are " consumers".
You are probably right about the Amero or maybe we will be using Yuan.
"Since 1789 the only government on Earth that has the power to crush the American people`s liberties across the board is the government of the United States"
Robert Higgs
how much do you think they want to devalue the dollar?
Just enough to bring in the Amero? Or enough to bring the US to it's knees?
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
the chinese are not
the chinese are not devaluing it.. our stupid government is..
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Sorry, I meant the globalists.
I know the chinese aren't devaluing our dollar. :-)
Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com
About this much
In the '40's I could buy a Coca~Cola for 5 ¢. I hope that answers your question ? But look at the bright side, in 1949, the minimum wage was raised from 40 cents an hour to 75 cents an hour.
It is called relativity.
That wasn't a bright side.
That wasn't a bright side. What minimum wage does is not raise the price floor for all people's wages- but its more like a hurdle to jump over to get a job. Meaning- instead of the people who made 40 cents an hour now all making 75 cents an hour- the people who were making 40 cents an hour were all fired. While the people who originally were making 75 cents an hour without the minimum wage raise are still working(but hoping another minimum wage increase doesn't cause them to lose their jobs). So there's no real net-benefit. Instead now if you have no prior experience working, or if you have a bad history(prison-time), you can't negotiate for a lower wage to get a job over someone else because its illegal.
some current events for you
some current events for you richard.. need to catch you up in time my brother...
The fact that the money and power are leaving for China has escaped everyone in our leadership. They are totally blind to this. They cannot conceive that we have given up the lead to anyone, because we are so perfectly good. This is called Hubris and is a tool of the Gods to destroy any who dare to become Godlike.
Dear CIGAs,
Gold is a currency. In fact gold is the ultimate currency. It cannot be expanded to meet the needs of politicians as can paper currency.
Under .8200 the wheels of hyperinflation start to turn.
Under .7200 the impact of hyperinflation is in Main Street.
Under .5200 Zimbabwe Economics reaches the USA.
Gold and the USD as trend events are attached inversely at the hip. Hedge funds have played with that relationship but cannot change it.
Central Banks have NO tools that can drain the liquidity that has been injected into the INTERNATIONAL system over the last two years. Those in Europe that have been more conservative will be less effected even thought they are now derided for their heel dragging.
Asia will rule the economic world
http://jsmineset.com/
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Minimum wage does two things
Minimum wage does two things that I can immediately think of: 1. increases inflation 2. ensures that NOT everyone has a job, which results in increased government dependency
...
until the "relativity" gets
until the "relativity" gets out of control... at some point you can not service your own debt..
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
People
You just keep adding zero's.
I won't be here, but remember who told you (smile)