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#1
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http://en.wikipedia.org/wiki/Hyperinflation
Yep, looks like Bernake central bank fraud is coming to a head. People are dumping US currency seeking haven in Brazil, India and China. Something is going to give in 2011 or 2012. Interest rates will have to shoot up to 15% or more, or the currency is going to become toilet paper. US Fed now creates more new inflationary debt dollars for DC than Americans consume in sheets of toilet paper. Will not be long before a USD becomes toilet paper. Imagine, filling a 200 gallon tank on a boat might cost $3000 in the not to distant future. |
#2
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Canuck57 wrote:
http://en.wikipedia.org/wiki/Hyperinflation Yep, looks like Bernake central bank fraud is coming to a head. People are dumping US currency seeking haven in Brazil, India and China. Something is going to give in 2011 or 2012. Interest rates will have to shoot up to 15% or more, or the currency is going to become toilet paper. US Fed now creates more new inflationary debt dollars for DC than Americans consume in sheets of toilet paper. Will not be long before a USD becomes toilet paper. Imagine, filling a 200 gallon tank on a boat might cost $3000 in the not to distant future. Since you don't own a boat or anything else of consequence, why would it concern you? (Not that I for 1 second believe your paranoia) |
#3
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On Apr 2, 1:15*pm, Harryk wrote:
Canuck57 wrote: http://en.wikipedia.org/wiki/Hyperinflation Yep, looks like Bernake central bank fraud is coming to a head. People are dumping US currency seeking haven in Brazil, India and China. Something is going to give in 2011 or 2012. Interest rates will have to shoot up to 15% or more, or the currency is going to become toilet paper. US Fed now creates more new inflationary debt dollars for DC than Americans consume in sheets of toilet paper. Will not be long before a USD becomes toilet paper. Imagine, filling a 200 gallon tank on a boat might cost $3000 in the not to distant future. Since you don't own a boat or anything else of consequence, why would it concern you? (Not that I for 1 second believe your paranoia) Well, up here the news announced that Gas prices are expected to shoot up 10 cents per litre in the not too distant future. This, while the price of Crude goes DOWN.... Explain the logic behind that, IF you can. |
#5
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On 02/04/2011 1:18 PM, *e#c wrote:
On Apr 2, 1:15 pm, wrote: Canuck57 wrote: http://en.wikipedia.org/wiki/Hyperinflation Yep, looks like Bernake central bank fraud is coming to a head. People are dumping US currency seeking haven in Brazil, India and China. Something is going to give in 2011 or 2012. Interest rates will have to shoot up to 15% or more, or the currency is going to become toilet paper. US Fed now creates more new inflationary debt dollars for DC than Americans consume in sheets of toilet paper. Will not be long before a USD becomes toilet paper. Imagine, filling a 200 gallon tank on a boat might cost $3000 in the not to distant future. Since you don't own a boat or anything else of consequence, why would it concern you? (Not that I for 1 second believe your paranoia) Well, up here the news announced that Gas prices are expected to shoot up 10 cents per litre in the not too distant future. This, while the price of Crude goes DOWN.... Explain the logic behind that, IF you can. Simple, the value of the USD is dropping faster. Hazards of Bernake/Obama "In Debt We Trust!". |
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