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I 'bout fell out of my chair when I read this. Our money could be worth half of what it was in the not-too-distant future.
1 posted on 03/05/2010 1:09:26 PM PST by SolitarySaint
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To: SolitarySaint

Well, my understanding is that if the Fed and the government get the entities they’ve paid out to to pay them back, both the debt from that, and the “temporary” great expansion of the money supply, will largely reverse this.

Of course, it also helps to suck “excess monies” out of the economy by taxing the heck out of everything. Most will again to toward “reducing debt” and the rest will go to the trash bin at the FED as it undoes its excess expansion that way.


2 posted on 03/05/2010 1:14:44 PM PST by ConservativeMind (Hypocrisy: "Animal rightists" who eat meat & pen up pets while accusing hog farmers of cruelty.)
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To: SolitarySaint

$10 a gallon gas, $20 a pack cigarettes, $10 gallons of milk. Yes, we can !

We’ve seen how delicate it was before. Let us not forget !


3 posted on 03/05/2010 1:15:15 PM PST by Celerity
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To: SolitarySaint
The Fed is attempting to stop deflation by inflation. The housing market and commercial property collapses wiped out a lot of wealth. The Fed is trying to prevent a deflationary recession by inflating the dollars, which will probably have disastrous affects.
4 posted on 03/05/2010 1:20:00 PM PST by In veno, veritas (Please identify my Ad Hominem attacks. I should be debating ideas.)
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To: SolitarySaint

It hasn’t been hidden from me. Food and other necessities reflect it. For example Toilet Paper has already gone up 39%and milk 33%. Just to name a couple.


6 posted on 03/05/2010 1:27:05 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: SolitarySaint

It would not surprise me, as it and worse are expected.

What we Freepers, free people and allies need do is to develop alternate forms of liquidity that can avoid government scrutiny, and are honest measure. I have pondered how to do this, and am at a loss.

Certainly there are forms of barter currencies to be found, and other forms of supposedly metal backed currency.

I was hoping that quantum storage devices would have mooted this step — because theoretically such devices once extant would immediately allow untraceable forms of currency, and be completely honest, at least on the information side.

An alternative might be a coinage of a sort that contain registered amounts of rare isotopes.

In any case it seems such a radical invention/innovation is needed NOW.

The Federal Government is at this point mostly criminal and may be very soon totally criminal.


11 posted on 03/05/2010 1:55:30 PM PST by bvw
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To: SolitarySaint

The problem isn’t hyper-inflation. The problem is worse: deflation.

The destruction of credit. The slower speed of money.

Falling wages. Falling employment. Falling stocks. Falling home prices.


17 posted on 03/05/2010 2:40:08 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: SolitarySaint

Have you kept track of prices in the grocery store? Over the last year I have noticed the prices of the things we buy going up a tad every week and “sales” tend to be when this week’s price is the same as last week’s.


18 posted on 03/05/2010 2:42:07 PM PST by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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To: SolitarySaint
The Fed actually publishes something that is the close equivalent of M3. Have your air sickness bag ready Institutional Money Funds
20 posted on 03/05/2010 2:45:43 PM PST by Timocrat
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