Wednesday, October 28, 2009

Devaluation of American $

Glenn Beck pointed out on today's show very disturbing news about our dollar.

Do you remember the major inflation that Jimmy Carter caused by printing 13% more money? They had to raise interest rates to 20% for a while to repair the damage. The rise in interest allows the fed to take money back out of the market and correct the amount of money in circulation.

Now...

Obama has printed... *ahem*... 120% more money than we already had in circulation. So, how much do you have to raise the interest rate to fix THAT problem?!

Hmmm... raise it to 200%? Hmmm. It's not possible.

Glenn pointed out that there has to be a way to give our dollar value once again. What could that be? The only way is for the Government to make a MASSIVE land grab to equate our money to that value. How do they plan to pull that off?

They are going to use the EPA to falsely claim 'endangered species' need protection! Far more species have been added to the list than ever before... it's happening.

Buy gold. Prepare. What will a soda at the drive through cost in a few years? $
15? Give that some thought.