Thursday, May 24, 2012

 

 
 
 
 
 
The Federal Reserve openly admits plans to crush the dollar
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Tuesday, February 14, 2012
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From Washington's Blog:

The Federal Reserve's explicit goal is to devalue the dollar by 33%.

As Forbes' Charles Kadlec notes:

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years.

The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.

The Fed has announced a course of action that will steal — there is no better word for it — nearly 10 percent of the value of American’s hard earned savings over the next 4 years.


While that is stunning, it is actually...

Read full article...

More on inflation:

This is how much more money the Fed could be printing

Ten things every American should know about the Federal Reserve

An incredible -- and controversial -- take on unemployment, debt, and the "real" economy

Topics: Inflation | US_dollar | Government_Stupidity
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