Magnet, to my knowledge and I am not the most read in this area, but in order to pay for the war machine and bail out all these failing banks and companies, money is printed and then loaned to us by the Fed. , which is not even part of the US Gov., but instead a privately held firm. As this money is printed and infused into the world market it devalues by default existing dollars, kind of like supply and demand. I believe that the above article spoke of how the banks and governments are stepping in to suppress what is really happening to the USD but at some point that will most likely fail and things should snap ahead or back to where they should rightfully be. I am sure someone that is more in the know could add a lot to this. HAPPY NEW YEAR.
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Magnet, to my knowledge and I am not the most read in this area, but in order to pay for the war machine and bail out all these failing banks and companies, money is printed and then loaned to us by the Fed. , which is not even part of the US Gov., but instead a privately held firm. As this money is printed and infused into the world market it devalues by default existing dollars, kind of like supply and demand. I believe that the above article spoke of how the banks and governments are stepping in to suppress what is really happening to the USD but at some point that will most likely fail and things should snap ahead or back to where they should rightfully be. I am sure someone that is more in the know could add a lot to this. HAPPY NEW YEAR.
Dec 31 13:32 pm
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