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Old 09-25-2009, 08:22 PM   #1
Northern Boy
Avalon Senior Member
 
Join Date: Oct 2008
Location: On this Rock
Posts: 1,390
Default Shocker : Fed To Print 1.45 Trillion dollars

I just got this in my e-mail not 5 mins ago make of it what you will This is an invitation to attend an online seminar where they discuss several points laid out in this e-mail and how to protect yourself form the coming dollar assault
from : Weiss Research, Inc.


It’s starting to look like the Fed’s going to need a skyscraper-full of new printing presses ...

In a statement released yesterday, the Federal Reserve said,

“To provide support to mortgage lending and housing markets, and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.”

That’s a total of $1.45 trillion! Where’s the Fed going to get the money? Simple: They’ll have to PRINT it — create it out of thin air!

Plus, even former Fed Chairman Alan Greenspan is beginning to panic about the dollar’s decline, warning that total U.S. private and public debt — now at 84% of GDP and still soaring — is “very dangerous” and threatens both long-term Treasuries and the dollar.

Thank you, Mr. Greenspan!
I couldn’t have said it better myself!

This is precisely what I’ve been warning you about: Bernanke’s secret war on the dollar. One of the greatest explosions in the supply of unbacked paper dollars in history.

The really bad news? Bernanke’s inflationary chickens are just BEGINNING to hatch. History shows us that it takes months — sometimes years — for the full impact of an explosion in the money supply to be felt.

That means you can look forward to many more months of a collapsing dollar ... and many more months of evaporating buying power.

I’m FED UP with Washington’s callous war on the dollar


Why the REAL national debt is more than EIGHT TIMES GREATER than Washington claims: Why the full weight of our debt addiction is beginning to hammer the dollar NOW ... and why our leaders have no choice but to slash the dollar's value in sheer self-defense.

Why the world’s governments, central banks, financial institutions and super-rich investors are fed up with Washington ... why increasing numbers don’t want to touch the dollar with a ten-foot pole ... and what they’re doing to protect themselves at YOUR expense.

What the news media isn’t telling you about Bernanke and the dollar: And how global plans to stop using the U.S. dollar as a safe haven or for international trade will impact your buying power and standard of living.
What’s the next shoe to drop in this great global war on the dollar? Could the G-20 be secretly scheming right now behind closed doors to accelerate the dollar’s plunge? (My answer is admittedly outrageous and has tremendous implications for your financial security!)

Last edited by Northern Boy; 09-25-2009 at 08:24 PM.
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