The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (30830)	10/13/2010 9:10:35 AM
From: DebtBomb	Read Replies (2) of 71456

This is just like late 2007 and into July 2008....when ben trashed the dollar and took oil to $147. Every 10% the dollar goes down is like giving every american worker a 10% pay cut....due to inflation. We're already at 8.5% inflation using 1980 calculations. It doesn't make sense. WTF are they trying to do? The dollar index used to be 120, now 77....it's impoverishing americans. The dollar goes down 10%....stocks go up 10%....stocks haven't gained anything inflation adjusted. Only gold has saved anyone. IMHO, they know....there's no way out. They are going to destroy the dollar and try to inflate out of debt. The only problem is....they keep piling up more debt on top of the DEBT BOMB.....so there's no way out. It's like they're just buying time until the whole system blows to hell....and then they'll try blame it on someone else. That's what they did with oil at $147....oh, the speculators did it. LOL. Oh, and a "fat finger" caused the "flash crash", LOL.

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