Yes, the debasement continues and the price of commodities will rise. If your wages don’t go up along with the price of the commodities, you will be poorer. if they do, you won’t notice. We all know they won’t. barack Obama is redistributing wealth but not in the way his supporters had envisioned. Look at it another way though, throughout our recent history, we have used those fiat dollars to create things like aircraft carriers, F22 fighter jets, Cobra gunships, the M1 Abrams, cruisue missiles, and who know what else. We turned worthless paper into the mightiest war machine that has ever existed in the history of mankind. IMHO, it was a strong investment and in time, this will be more obvious to us. Our true challenge will be in preventing that military from falling into the hands of the fiat moneyed powers, operating from their secret conclaves, hollowing out our democratic institutions.
Well, between Saudi and India and a host of others Obamas selling our military equipment to it looks like this has already started...and that without congressional approval.
Yes, the debasement continues and the price of commodities will rise. If your wages don’t go up along with the price of the commodities, you will be poorer. if they do, you won’t notice. We all know they won’t. barack Obama is redistributing wealth but not in the way his supporters had envisioned. Look at it another way though, throughout our recent history, we have used those fiat dollars to create things like aircraft carriers, F22 fighter jets, Cobra gunships, the M1 Abrams, cruisue missiles, and who know what else. We turned worthless paper into the mightiest war machine that has ever existed in the history of mankind. IMHO, it was a strong investment and in time, this will be more obvious to us. Our true challenge will be in preventing that military from falling into the hands of the fiat moneyed powers, operating from their secret conclaves, hollowing out our democratic institutions.
Obama is in cahoots with GE, Goldman Sachs(duh), GM, others...that means those favored companies in cahoots really creates a bit of a fascist dictatorship.
If those folks control the military, then their wishes get done and it (the military machine) does what it wants. I don’t think the leaders of those companies hate the US as much as Obama does. What’s your take?