Friday, December 12, 2008

Dollar Devaluation or The Next Link in Our Chains of Enslavement

Now that the Federal Reserve is bypassing the Treasury Department and going to "Issue" their own bonds...Devaluation of the Dollar looks like a REAL possibility!

What they will do is to tell the "Sheople" to bring their cash to their bank to exchange their OLD Dollars for New Dollars (or Ameros...whatever) and we will get back $1.00 new Dollar for every $10.00 OLD Dollars (Think of it as "Moving the Decimal Place over to the LEFT one place)

Your $200,000.00 home is NOW $20,000.00 in NEW DOLLARS
Your $2000.00 monthly house payment is NOW $200.00
Your $1200.00 a week income is NOW $120.00
$1.70 a gallon gas is NOW $0.17

The Vipers and Thieves that REALLY run the country...will begin some sort of "Wage & Price" Controls in order to delay the Massive HYPERINFLATION that this will cause.

So why do this?
(1) The good o'l USofA-holes will "Repudiate" all of its debt...Leaving Foreign Investors either with NOTHING (because the Federal Reserve will REFUSE to exchange OLD for NEW Treasury Notes) or exchange at a different ratio (say $1.00 NEW Dollar for every $100.00 in T-Bills)

If they do that....The REST OF THE WORLD IS GOING TO BE REALLY PISSED OFF.
Enough to refuse to SELL US STUFF...LIKE OIL

(2) This is the BIG ONE... "Wall Street/Bankers" (You know..the Clowns that got the "Bailout") will get THEIR Money exchanged at a DIFFERENT RATIO than the rest of us (try $1.00 NEW Dollar for every $1.00 OLD Dollar) They will use their "New Found Gain" to BUY UP EVERYTHING IN SIGHT

What to do?
Everyone points towards Gold Coins..Pre-1964 Silver Quarters and Dimes (a.k.a "Junk Silver")
Something else to consider....It might be a good idea to have a few hundred OLD Dollars in regular Quarters and Dimes.....It's easy to replace "Bills".....NOT so easy to recall Coins...

Better to buy that 17cent per gallon Gas.....While it lasts...and it won't last long.

Best of Luck to Us All