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...
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