January 16, 2008

Your Money is Worth Less Today than Yesterday

High level Ameri-Fascists met Tuesday to discuss how the U.S. Government can coerce more money from the American public to prop up the profits of CitiBank, JP Morgan Chase, Wells Fargo and others whose profits are not meeting their record expectations.

The meeting came about following the Federal Reserve’s marathon money printing session, when the Fed announced its success in raising the inflation rate to the highest level in 17 years, making your dollar worth less than ever. It’s been estimated your dollar is worth about 4 cents today.

The Federal Reserve recently auctioned $30 billion in funds to commercial banks at an interest rate of 3.95 percent. It was the third in a series of sell-offs the Fed began last month as a way to provide cash-hungry banks the profits they need as they continue to confiscate foreclosed homes from middle-class Americans. The 3.95 percent interest rate was the lowest of any of the three auctions so far.

Of course, the fascists in the government believe the average American is pretty stupid and only want to keep them confused as to the real cause behind inflation. They are quick to cite higher energy and food costs as the reason for raising consumer prices by 4.1 percent in 2007. Federal Reserve Chairman Ben Bernanke is silent about the Billions of new dollars they have printed our of thin air during recent months to pay off the criminal activities of high level politicians, foreign governments, and international bankers.

At the same time the Federal Reserve is stealing the American dream from the middle-class, Citigroup and President Bush are selling American sovereignty to our enemies. Citi sold stakes in that company to foreign governments for a reported $20 billion in cash. Meanwhile, President Bush is selling $20 billion of weapons to Saudi King Abudullah and the architects of 9/11, including $123 million of “smart bomb” technology, giving our enemy highly accurate targeting abilities to kill Americans and other enemies of Islam.

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2 Comments on Your Money is Worth Less Today than Yesterday »

January 16, 2008

Ron Paul » Your Money is Worth Less Today than Yesterday @ 11:13 am (Pingback)

[…] New World Order Information wrote an interesting post today on Your Money is Worth Less Today than YesterdayHere’s a quick excerpt … ben bernanke, citibank, fascists, Federal Reserve, federal reserve, federal reserve chairman, inflation, nancy palosi, New World Order, Ron Paul Share This… […]

October 24, 2009

Your Tax Savings @ 12:51 pm:

David Morgan writes in Morgan on Rocks and Stocks, “One of my themes in my newsletter a couple months ago was death of the dollar. And I don’t mean that the dollar is absolutely zero and it’s absolutely funny money, but what I do mean is that it ceases to be the reserve currency of the world. And once it loses that status, then it becomes nothing more than an internal currency where all our imported goods (which is almost everything we buy now—everything at Wal-Mart, for all practical intents and purposes) double in price. It is going to have a significant impact on us, and I believe very much that’s what we’re looking at over the next two years.

Now there are still some deflationary forces out there and it will continue. It’s an odd mix this time around, meaning that everything we need is going to cost more and everything that is non-essential is probably going to fall in price. For instance, you need food, that’s going higher; you need energy, gasoline, and electricity, those are going higher. Almost all your commodities are needs—sugar, wheat, you name it—they’re only going higher, longer-term. Things you don’t really need are going to see price pressure.”

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