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Originally Posted by Squirtit
1) We are lowering the value of the U.S. dollar to pay back our debts with cheaper money
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Doesn't make sense since with a lower valued dollar it takes more of them to pay back said debt. And the more they print the more interest the Fed is paid. Which is the bulk of the debt, the interest.
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Originally Posted by Squirtit
2) China pegs their yuan to the U.S. dollar
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What's your point? Are you aware of the huge problems China is having right now with commodity prices? Food riots and more?
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Originally Posted by Squirtit
3) The Dow is now higher then it was in 2006
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Because all of the freshly printed money is being used to prop up that ponzi scheme.
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Originally Posted by Squirtit
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Again since oil is bought and sold with the dollar since the dollar is declining and more and more dollars are being printed the more the price of oil goes up. Any bounces up in the dollar are the market manipulators driving down gold and silver.
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Originally Posted by Squirtit
5) Don't count on the U.N. for ANYTHING useful !
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We're in agreement here. Only problem is the UN wants the US to crash so they are just announcing what they desire and are trying to achieve.