Comments on: Dollar Trouble

By: Logan

Logan — Mon, 23 Nov 2009 21:49:36 +0000

I just wanted to point out the most important – which happen to be the MOST overlooked aspect of this article…”Real structural change requires political activism and a vision of a system that is more equitable then the one presently in place. There’s no substitute for hard work.” Hello, America, I’d like to introduce you to a new concept…..MAKE DECISIONS THAT WILL FIX PROBLEMS, NOT BAND-AID SOLUTIONS!!!!! We elect people that have posed clear left-ist intentions, and somehow surprise finds itself as an emotion in homes across the country….. Can we please take a look at CHANGING THE RIGHT THINGS? Ever heard of Rick Green?? There’s a guy making a difference, educating the youth of today so there will be a different tomorrow. We need new blood if there is to be a new government.

By: Adalhelm Buerger

Adalhelm Buerger — Sat, 31 Oct 2009 20:52:25 +0000

What would happen to the “godly dollar” if all Americans stopped paying on their debt? I just don’t understand how the coming student loan crisis and continued housing collapse, hotel defaults, etc. are not going to bring down the entire system. Not to mention the massive population growth (projected to hit 438 mill in 2050). We havbe no jobs now, so where are all these tens-of-mills going to work?

Can someone please enlighten me? I mean, do most Americans really believe that students and young people making minimum wage are going to pay their loan debt? Come now, we’re talking Gen X and Gen Y here.

By: Annie Ladysmith

Annie Ladysmith — Fri, 23 Oct 2009 14:31:41 +0000

CRASH! CHASH you say, do you know that whole families across America, and Washington state , are living in their cars because they got EVICTED from their homes?

Do you not realize that in reality, which you may not neccessarily be in,the speed that they are getting that paper money off the presses decreases the ‘value’ of those dollars EXPOENTIALLY!

This, Sir, is not a slump, it is a man-made diaster of monumental and global economic catastrophy without precedent. You may use denial as long as you like but there is a flood coming and building a boat to weather this storm would be advisable to whomever is able.

WAKE UP! and see that this clearly planned destruction of the monetary system as we know it, is being blown to bits, and it will be put to rest inFlander’s Field, where so many other victims of a world gone mad lie. But, Flander’s dosn’t lie, it tells the brutal, unadorned truth of the goals of a global government under the kingdoms of this world’s ruling elite–the Illuminati. Their game is on, and it is to rid the world of most of us.

By: Cal

Cal — Fri, 23 Oct 2009 13:40:46 +0000

If us readers loved Mikey as much as Mikey loves Mikey, Mikey would actually make sense.

By: Mladen

Mladen — Fri, 23 Oct 2009 09:35:55 +0000

Huge national debt and hige amounts of dollar in circulation overseas should bring the value of dollar down against other currencies especially if dollars are returned back to US.

BUT, Forex is so unpredictable that as Erik said, rather listen to numerologists and astrologists than to me.

By: Erik

Erik — Fri, 23 Oct 2009 07:45:23 +0000

The only thing that I really have to add to the article is that I highly question the statements that say thet there is this undying interest in our treasury notes. That they keep buying our dollars. Well, they do…Apparently with dollars the Fed “prints” out of thin air. There have been articles, which I could find if asked, that talk about how the FED “buys” agency notes from foreigners and then says, “We’ll see you in the morning so you can buy our treasuries with the money we just gave you right?” They don’t want the dollar to tank either and it doesn’t cost them anything. So, essentially the FED uses one credit card to pay off his other one. They even redefined what “Foreign Purchasers” has to mean. It’s all pitiful but maybe it’s working.

By: Max Shields`

Max Shields` — Thu, 22 Oct 2009 11:54:00 +0000

This is a solid article. It deals with one of the cornerstones of power and the underpinnings of non-sovereignty in a colonalized world view vis-a-vis the American Empire. It allows invasion and occupation to happen at will, whenever and for whatever reason is trumped up.

This Empire may be sunsetting, but unlike others, it aims to bring the rest of the world with it.

By: russell olausen

russell olausen — Thu, 22 Oct 2009 05:30:04 +0000

All of these cause and effect ruminations are no better than listening to untrained numerologists and astrologers. Now if a Rothschild trained numerologist or astrologist happened to be handy and IF said person could be persuaded to quaff a good sized swig of truth serum, then enhanced interrogated; thats the advise to act on. Currency is a function of interest rates, economic, political, and military power. My guess is, once the masses are brought to heel, excess liquidity will be vapourized by double digit rates. I am acting in eight months but if the jitters get me maybe a couple of months sooner. Best to remember, the dice are loaded and your hated when your broke.

By: Michael Kenny

Michael Kenny — Wed, 21 Oct 2009 21:14:36 +0000

“First of all, “crash” is an ambiguous term. I take it to mean a plunge in the value of the currency to a hyper-inflationary range.”

Of course! If you give “crash” an absurd definition, then there certainly isn’t going to be a “crash”! Nobody but Mr Whitney has been howling and shrieking about this kind of “crash”! What is happening is simply the process, which has been ongoing for several years, whereby those who hold dollars slowly sell them off. That causes the dollar to drop slowly but steadily. That is not an economic choice but a political one: the world understood a long time ago that the power of the American Empire to bully them stems from the role of the dollar. What seems to have changed is that the American elite now seems to accept that the dollar’s role must end. That probably means that the elite has recycled enough of its investments out of dollars that such a change no longer matters to them.
For once, the interests of the elite and the little guy coincide. A slow but steady progression of inflation causes wages and prices to rise, while debts stay the same, which means, in practice, that they lose value in real money terms. Equally, a fall in the dollar makes outsourcing uneconomic because American consumers will no longer be able to pay for the imported products. companies will therefore have to produce in America if they want to sell in America. That will probably be the final blow to already dying globalisation.
It sounds like the world is reaching an equilibrium in which nobody loses (other than the diehard defenders of the American Empire, both left and right)! What could be wrong with that?