devaluation of the dollar

[TheCaymanIsland]

okay lets end this thread already.

 

[kxvid]

Quote from thriftybob:

Devaluation was the only way out other than deflation and depression.

Thats what they want you to think so they can run the printing presses at mach 50.

 

[riskfreetrading]

called the senator. found out that others are calling for his removal. press must be hiding things by not calling for his removal.

 

[zdreg]

stock_trad3r


Registered: Jun 2006
Posts: 8377


12-16-08 10:00 PM

Quote from zdreg:

typical 3rd world policy. devalue to prosperity. u should be in the fed.



Ur also wrong


wrong about what ?

 

[Anaconda]

Quote from riskfreetrading:

the man with the beard needs to be fired. He produces just shocks to the system, when he is supposed to do the oppoiste.

Don't be so shortsighted.

Devaluation of the dollar has been going on for a long time, way way beyond the current Fed patsy aka chairman.

 

[zdreg]

stock_trad3r


Registered: Jun 2006
Posts: 8377


12-16-08 10:00 PM

Quote from zdreg:

typical 3rd world policy. devalue to prosperity. u should be in the fed.



Ur also wrong


wrong about what ?

 

[zdreg]

Quote from Anaconda:

Don't be so shortsighted.

Devaluation of the dollar has been going on for a long time, way way beyond the current Fed patsy aka chairman.

devaluation of all currencies have been going on for a long time since they don't have gold backing.

 

[thriftybob]

Funny how people don't seem to understand that the REASON we use FIAT paper currency instead of gold is so that it can be devalued at will in order to reduce wages and benefits, and to devalue the mountains of debt without it being apparent that is the purpose. Its also much cheaper to produce than gold coins were.

 

[zdreg]

the purpose of fiat money is to allow politicians to make the masses dependent on the government for favors. debt creation is not subject to free market restraint. disgusting.

 

[riskfreetrading]

when are you going to call for the Fed chairman to resign?

Check what is happening to the dollar! Routed againt today. Down 300 pips in less one hour! normal movement in a day is 120.