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The Fed is your friend?
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<blockquote data-quote="zubenelgenubi" data-source="post: 5346068" data-attributes="member: 63706"><p>What will cause the system to crash is the decoupling of oil from the US$. The petrodollar is the only reason we can print so much money and go into so much debt. Russia, China, and India going in together on a new regional reserve currency is another threat, and probably why the media is starting to get the sheep warmed up to the idea of war with China. </p><p></p><p>Once the US goes full fiat (not linked to oil) our debt will likely sink us. And politicians will not be able to stop promising free stuff. It's the only tool they have.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 5346068, member: 63706"] What will cause the system to crash is the decoupling of oil from the US$. The petrodollar is the only reason we can print so much money and go into so much debt. Russia, China, and India going in together on a new regional reserve currency is another threat, and probably why the media is starting to get the sheep warmed up to the idea of war with China. Once the US goes full fiat (not linked to oil) our debt will likely sink us. And politicians will not be able to stop promising free stuff. It's the only tool they have. [/QUOTE]
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