You as an American should be very concerned over this.

73RangerXLTHall of Famer

As those on this board fight over the left vs. right paradigm, the New World order marches on.
We are seeing international calls for ending the dollar as the reserve currency of the world. This would in fact be completely destructive to our country and would instantly reduce us to third world status.
The reason? Well over 15 trillion in national debt for starters. This money will have to be paid at some time or the dollar killed and replaced with another currency. As it stands now we can print those dollars, devalue the dollars in circulation, and the foreign governments opf the world are still forced to accept them. if the reserve curruncy staus was lost, the printing of money would result in hyperinflation like you have never seen or heard of.

http://www.infowars.com/g20-pu...sdr-and-chinas-role/

2/15/119:13 AM

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Mr.DittoheadOld Faithful

I dont think the US can stop other nations from abandoning the dollar. China and Russia already trade with their own currency on the spot market. Russia is encouraging all its energy customers to trade in rubles. The world trade economy is shifting to China, and there has to be consequences.

2/15/119:34 AM

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73RangerXLTHall of Famer

quote:
Originally posted by Mr.Dittohead:
I dont think the US can stop other nations from abandoning the dollar. China and Russia already trade with their own currency on the spot market. Russia is encouraging all its energy customers to trade in rubles. The world trade economy is shifting to China, and there has to be consequences.

The only reason countries are choosing to leave the dollar is becuse of our wreckless peconomic policies. Historically, the U.S. dollar has been the most stable currency in the world, but not since reagan. Paul Volker, the fed chief in the late 70's raised interest rates to force the balancing of the books. Bernanke is destroying the dollar by keeping rates at zero, then printing notes to buy U.S. bond to keep the guvment afloat. All this will soon lead to hyperinflation and the death of our republic. One only need to look at a 10 and 25 year chart on gold prices to see whats happening.

2/15/119:39 AM

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73RangerXLTHall of Famer

Here is a 10 year chart.

http://www.monex.com/prods/gold_chart.html

It is not unrealistic that we can see gold in the 5 to 6 thousand dollar range within the year. i don't have to tell you that this will wipe out this country.

2/15/119:44 AM

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Mr.DittoheadOld Faithful

German stock exchange Deutsche Boerse and NYSE said today they have agreed to combine their businesses. Under the terms of the deal, the Germans will control it all: a 60% majority stake, control of the board and chairmanship, and a headquarters in Europe. One step closer to a single world economy.

2/15/113:07 PM

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73RangerXLTHall of Famer

quote:
Originally posted by Mr.Dittohead:
German stock exchange Deutsche Boerse and NYSE said today they have agreed to combine their businesses. Under the terms of the deal, the Germans will control it all: a 60% majority stake, control of the board and chairmanship, and a headquarters in Europe. One step closer to a single world economy.

Yes,
It looks like the noose around our necks is getting ever tighter.

2/15/113:14 PM

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VorkunFamiliar Face

This has been something in the works sence 1933. Really it can date back to 1913 to the Federal Reserve System.

We have been warned of this coming for many years but it was wrote off as a Conspiracy Theory until now.

We have for many years trusted government to do what is right for us with out holding them accountable for their action. For that mistake we are fastly moving from what is lawful and constitutional to out right oppression and tyranny.

The funny thing is they know they are, And they suspect at some point the people will awaken and see it also. Why do you think local police now dress like and have on hand military style weaponry and gear? For the speeders and druggies with a ounce of pot or so on them?

2/15/114:06 PM

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