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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (31565)11/2/2010 10:41:28 AM
From: Secret_Agent_Man2 Recommendations  Read Replies (1) | Respond to of 71454
 
OVER-EXTENDED MY ASS, the clownbuk is over_extended, i'm still waiting for the "inflation" adjustment to gold and silver.....nevermind all this qe_crap



To: Real Man who wrote (31565)11/2/2010 10:53:05 AM
From: Secret_Agent_Man2 Recommendations  Respond to of 71454
 
ZH-"It is no coincidence that after Richard Nixon closed the gold window in 1971 and allowed the Federal Reserve to “manage” our economy that total debt outstanding in the US surged from $2 trillion to over $50 trillion. GDP has risen by 1,300% since 1971, while total US debt has risen by 2,600%. Now for the kicker. Real GDP has only gone up by 292% since 1971. This means that 1,000% of the increase in GDP was from Federal Reserve created inflation. Over this same time frame, real wages have declined by 6%, from $318 per week in 1971 to $299 per week today. Inflation has been the American drug of choice to commit suicide over the last 40 years. It is stealthy, seemingly painless, and deadly. Inflation is the “painless” method through which the Federal Reserve has decided this country will commit suicide." Guest Post: Suicide is Painless