Friday, March 4, 2011

Oligarchs Rule - Dollar Under Pressure

When you read this piece... go slowly... take your time to fully comprehend what's being said.

The most important paragraph is short, and to the point. It starts off by taking about tax revenue losses and how our deficit is now too large to be financed by the surpluses of other major powers in the world. It now requires the Fed to make massive purchases of Treasuries and other debt...and the continuation of these purchases threatens the dollar's value, and ultimately is role as the world's reserve currency.

Should you not know what that means 'do the research'... it should scare the ever loving crap out of you! For if the dollar is perceived as losing that role, the flight from dollars will prevent the US government from financing itself.
You don't even want to have a nightmare about that happening.





Oligarchs Rule | Ron's Matrix Sentry