What Monster is that Emerging from the Smoke and Mirrors?
At the risk of repeating myself myself here are some articles that seem to describe what we see emerging from the fog of the Royalist program.
This is the anchor article on the paper dollar and our elite aspiring rulers plan for us and the world.
· “The Confidence Game” series traces the evolution of the mediums of exchange from fish and feathers to today’s paper and promises.
· “The Rise and Fall of the American Middle Class” series is a detailed examination of the the transitory nature of us.
I would say may the farce be with you, but it would be redundant. You and I are up to our necks in this political and economic farce.
Demise of the US Dollar 101A
The “global economy” seems to be awash in ‘liquidity”. Three trillion plus dollars in the Asian sector alone, much of it owned by Japan and China, and a great portion of it denominated in USD.
So what, you ask?
The only thing maintaining the value of that paper is the holders’ confidence in its value. That confidence is eroding as this profligate regime in power in DC continues to drive it into the ground. The result is too much paper money chasing too few opportunities for safe growth. This money is coming back out of those national economies looking for a place to grow.
This excessive ‘liquidity’ is a major element in the REAL loss of value of that USD in your pocket. As just a single example, as I write this it takes $2.034 USD to by an English Pound Sterling. Not too long ago it took only $1.80, and that had been the situation for decades. The USD is weaker across the board as we travel further down the road mapped out by the powers that be, and that will continue as the global economy matures and the Great Global Leveling cascades over the Average American.
While the effect of this for US citizens is being masked for now by the flood of cheap goods from China, cheap services from India, and cheap illegal labor from Mexico, the cheapening of the USD will eventually erode your financial situation as a “global citizen”.
For further reference consult these links:
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