It is pure debasement of the currency, plain and simple. Historically, it rarely ends well.
My hat is off to our Canadian neighbors. They are reaping the benefits of sane economic and energy policy.
Weimar Germany DELIBERATELY devalued their own currency.
Why? To get out of paying war reparations.
What’s “O’s” excuse? Something JUST as incidious, you can bet!
‘Manufactured crisis’ comes to mind. I just KNOW there is something very irregular, illicit and deliberate which is going to be forced by this Administration.
Exactly. Savings not only are suffering from low interest, their true VALUE is going down, as the dollar is de-valued.
This is all in furtherance of Global Governance, where we will LOSE the Dollar as the Global Currency, and we can then take bushels of them to go and buy bread.
Unless we IMMEDIATELY return to Free Market Government Hands-Off, we are not turning back.
There was a time in this country that was a capital offense.