Posted on 07/11/2009 7:55:10 AM PDT by luckybogey
Although millions of American have been watching Michael Jacksons funeral, the new administration has been very busy in Russia and Europe. Heads Up America! There is a new world order taking place and guess what? A new world currency is coming to the US Mint soon. The Socialist/Keyensian economic policies have made their way across the oceans to American shores...
"The US dollar cannot and should not take all the responsibility for the world monetary system. We need a stable and serious transition to new international monetary regime," argued Jeffrey D. Sachs, director of the Earth Institute of Columbia University in the US. After the transition, "the dollar will gradually depreciate by 20 or 25 percent to rebalance the world system overtime," Sachs believed. Sachs explained the reason for the transition is that the US size "relative to China and other countries will diminish" and the US "is just simply not big enough"to dominate the global economy any more...
MILTON FRIEDMAN [Interview 10/01/2000]: The pendulum easily can swing back the other way. It can swing back the other way, not because anybody wants to do it in a positive sense, but simply because as long as you have governments which control a great deal of power, there always [will be] pressure from special interests to intervene. And once you get something in government, it's very hard to get it out. So I think there is a real danger. I don't think we can regard the war as won by any manner of means. I think it still is true that it takes continued effort to keep a society free. What's the saying? "Eternal vigilance is the price of liberty."
(Excerpt) Read more at luckybogey.wordpress.com ...
If you thought the dollar was subject to manipulation by international speculaters, wait until you see what happens to this new issue of toilet paper.
Believe me FRiends, there are few things in life more comforting than an ammo box filled with gold and silver coins. You can carry it in easy times and, in hard times, it will carry you.
Free yourself from the parasites who would play games with your wealth. Save real money.
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