mrpitchfork

Falling Dollar: Finally Front-Page News

I think its already here.. making around 70-80k a year really isn't a lot of money if you have a family. Even with that kind of money people can't really save money because it costs so much to live now. For them to save anything, your cars can't break done or your house can't ever need repairs, etc. Everything has to be perfect and last forever. If anything goes out of that median then fixing it costs a fortune and cleans you out. To just live and save anything right now requires, in my opinion, a more modest income making at least 100k a year otherwise you pretty much live on paycheck to paycheck. I don't know how anyone can live on minimum wage. I remember when gas was 16 cents a gallon and penny candy was a penny. Our money has taken a really big hit thanks to the Federal Reserve. It's time they went out of business.


On Oct 08 12:47 PM User 353732 wrote:

> The dollar is falling because it is no longer real money but fiat
> scrip.
> This scrip serves the interests of the entrenched ruling class in
> 2 ways
> 1. It allows them to effortlessly bribe the lower class with money
> illusion: increasing nominal transfer payments that have steadily
> decreasing purchasing power. The lower class focuses on the nominal
> transfers and does not comprehend that the material quality of life
> depends on real purchasing power, not scrip. An expanding lower class,
> caused by increased unemployment/underempl... does not trouble the
> upper class which can simply issue more scrip to enlarge the fraudulent
> bribe.
> 2. It allows them to inflate the price of financial assets and selected
> commodities which increases their net worth, since a majority of
> financial and commodity assets are, directly or indirectly, owned
> and controlled by a very small fraction of households. When vast
> liquidity is selectively and deliberately concentrated on a few
> asset classes, these assets will inflate. At the same time, coerced
> liquidity starvation for the remaining asset classes will cause these
> assets to deflate in value: hence simultaneous inflation and deflation.
>
> Assets and organizations that hugely benefit the net worth and income
> of the tiny upper class are inflated. Assets and organizations that
> comprise the primary wealth and jobs base of the middle class are
> deflated. Bigger bonuses for the bosses; income and wage reductions
> for the middle class.
>
> The debasing dollar primarily damages the middle class, which will
> experience a steady increase in the cost of essential goods and services
> while experiencing a notable decline in its aggregate, after tax,
> discretionary income and its tangible net worth. This will occur
> even as Wash DC and Wall St claim there is "no inflation". There
> is ,for the Middle Class, as the exchange rate of the scrip declines
> versus the material goods and services needed to sustain a middle
> class life. As the dollar declines so declines the middle class in
> terms of both its real material quality of life and its total share
> of US households: a smaller, poorer middle class.
>
> The upper class has made and is making a vastly profitable and massively
> criminal trade: use the dollar to sacrifice the middle class and
> America's global stature, bribe the lower class and aggrandize and
> enrich the upper class. This trade is increasingly transparent to
> the rest of the world. It is the ordinary American who cannot or
> will not see it.

'Helicopter Ben' Was Prophetic in 2002

What most people don't realize is that the Federal Reserve is a PRIVATE organization that created this whole mess in the first place. They're the ones that cause inflation and deflation. Our economy will always be this way as long as the Federal Reserve calls the shots. They are the ones buying up America. WE THE PEOPLE are the only ones that can stop these thieves.