Dollar/Foreign Policy Failing Massively Under Bush!
- From: "brotherali" <brotherali4x@xxxxxxxxx>
- Date: 28 Feb 2006 05:10:07 -0800
Dollar/Foreign Policy Failing Massively Under Bush!
Dear Members,
Recently from the Final Call Newspaper [vol.25 no.16] an article
appeared which spurred some thoughts about how the dollar was heading
for a disastrous collapse. At that time however, very little made much
sense to me. However, after doing a search of what ZetaTalk had to say
about this matter, suddenly a lot dawned on me, that indeed our economy
is heading for some tough times. And, as of this date, it appears so
negligence that our supposedly astute political leaders are nowhere
near forthright in telling us about or trying to alleviate this
potentially dangerous situation.
As predicted, many signs of what the Zetas have said concerning the
fall or devaluation of the dollar is very nigh about to be fulfilled.
Consider what several major countries have either already done or are
preparing to do. So far, Iran, China, Syria, Venezuela, and who knows
whomever else are changing their exchange currency from the almighty
dollar to the Euro. As the Zetas said, this will SUDDENLY cause all the
excessive "Fiat" dollars to be return to the USA, and, when that
occurs, it will lead to many problems such as greater inflation, higher
interest, and terrible chaos in the stock market.
Here are some excepts and links you may follow:
thanks [my website: http://zetaheaven.org ]
http://www.zetatalk.com/index/zeta116.htm
What does it mean for a government to have an enormous national debt?
The average household understands that paychecks or pensions come in
and bills need to be paid, and the pain of irresponsible credit card
debt is high interest payments on top of payments to bring the balance
down. For governments, which can print and issue additional currency,
there are other options. Governments can simply print up extra dollars
and issue them to central banks to loan to local banks which then have
increased the cash that can be borrowed for a reasonably rate. But the
downside of this is inflation, as when a government increases the
number of dollars floating about, each dollar decreases in value, as at
base they are guaranteed against some fixed asset like gold. Everything
now costs more dollars, as each dollar is worth less. As any government
running up a huge national debt must get cash from somewhere to pay the
bills and the interest rates, this creates a pinch. The print-to-spend
cycle, an inflationary trend, discourages bond sales as the bonds lose
value during their life. Not surprisingly, the US finds the value of
the dollar at less than half what is was only a few short years ago
before Bush took office, and the bonds they issue increasingly ignored
by foreign investors.
http://www.zetatalk.com/theword/tword06m.htm
But when the Euro (dollar) comes on line, if the central banks drop the
dollar, all of those extra dollars the Fed has printed are coming home.
We're going to have a massive hyper-inflationary depression and the
very legitimacy of our political systems is going to be at risk.
There's going to be big change, and people are going to be looking for
something new.
http://www.charlotte.com/mld/charlotte/business/13873326.htm
http://www.lewrockwell.com/paul/paul303.html
http://rense.com/general69/dbe.htm
http://www.mises.org/fullstory.aspx?Id=1688
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