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The demise of the dollar
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<blockquote data-quote="wkmac" data-source="post: 932776" data-attributes="member: 2189"><p>Klein,</p><p></p><p>First off, all oil around the globe by international law is <span style="color: #ff0000"><a href="http://web.archive.org/web/20120416050435/http://www.forexonlinelearning.com/the-dollars-global-role-in-currencies" target="_blank">traded</a> </span>in US dollars and has been that way for a long time. The hegemonic global military power of the US around the globe has nothing to do with defense against physical threat to the mainland US but is about protecting the dollar status as the global dominate currency. The massive increase in the last few years of US dollar currency (major part of our debt) has been to flood global markets with dollars (ever cheaper dollars I might add) to push out currency competitors while the US taxpayer and future taxpayers payback that debt directly in debt service and in the most evil of all taxes, the hidden tax in inflation. In the meantime, most voters are fixated on Moe, Curly or Larry under the ruse "Anybody but that damn ******!" What happens if they get Moe, Curly or Larry and not only nothing changes but it gets worse? Never happen you say? Ask a lot of 2008' Obama supporters who at least had the courage to wake up and realize this game really is rigged regardless who wins!</p><p></p><p>Lastly, you play the same silly game looking at your currency from the view of it being pegged to the dollar and then your gov't adjusting it's currency in relation too. Admirable on one hand but it's a false illusion. Start looking deeper, much deeper. The truth is, your country and it's leaders hit their knees every time the American leaders unzip their fly!</p><p></p><p>The reality of your currency.</p><p></p><p>[ATTACH]6370[/ATTACH]</p><p>[ATTACH=full]6370[/ATTACH]</p></blockquote><p></p>
[QUOTE="wkmac, post: 932776, member: 2189"] Klein, First off, all oil around the globe by international law is [COLOR=#ff0000][URL='http://web.archive.org/web/20120416050435/http://www.forexonlinelearning.com/the-dollars-global-role-in-currencies']traded[/URL] [/COLOR]in US dollars and has been that way for a long time. The hegemonic global military power of the US around the globe has nothing to do with defense against physical threat to the mainland US but is about protecting the dollar status as the global dominate currency. The massive increase in the last few years of US dollar currency (major part of our debt) has been to flood global markets with dollars (ever cheaper dollars I might add) to push out currency competitors while the US taxpayer and future taxpayers payback that debt directly in debt service and in the most evil of all taxes, the hidden tax in inflation. In the meantime, most voters are fixated on Moe, Curly or Larry under the ruse "Anybody but that damn ******!" What happens if they get Moe, Curly or Larry and not only nothing changes but it gets worse? Never happen you say? Ask a lot of 2008' Obama supporters who at least had the courage to wake up and realize this game really is rigged regardless who wins! Lastly, you play the same silly game looking at your currency from the view of it being pegged to the dollar and then your gov't adjusting it's currency in relation too. Admirable on one hand but it's a false illusion. Start looking deeper, much deeper. The truth is, your country and it's leaders hit their knees every time the American leaders unzip their fly! The reality of your currency. [ATTACH]6370[/ATTACH] [ATTACH=full]6370[/ATTACH] [/QUOTE]
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