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RE: falling dollar - 4/1/2008 7:38:54 AM

Real0ne

Posts: 21189
Joined: 10/25/2004
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quote:

ORIGINAL: MissSCD

Asia is financing us? I find that hard to believe. Everyone just relax.
We are merely experining high inflation along with a world recession like we did when Jimmy Carter was President. Our problems are due to a number of things such as high gas prices, high food prices, and low wages.
It will bottom itself out. We have lived through it before, and we will live t hrough it again.
We all need to use as little fuel as we can. Prices are determined by supply and demand. We control the prices with the exception of imported oil.
Now, the oil hike is due to the war and the draining of resources needed to finance that.

Regards, MissSCD

What you did was describe the definition of itself. Nothing has increased in price. It does not cost any more to milk a cow, or refine gas, or produce widget than it did 50 years ago. Your money has decreased in value.

This means that if you were making 60,000 a year in 2001 your government has with a quick swipe of a pen reduced your wages by half. That means that you now only make 30,000 per year.

Even better your 401k, you know the one that has your retirement fund in it, well that has also been reduced by 50% and the kool thing is that you cant even write it off as a loss on your taxes!!!

Its the privately owned federal reserve who does this. The same people that ron paul want to shut down and go back to the old system of the treasury dept making the money but then you have the entrenchment crowd who would rather get in pissing contests and keep voting in the same garbage republican and democrat dictatorship syndicate rather than get someone who is actually willing to work for the people.

Can you hear that WOOSHING sound as your money swept right out from underneath you?

What can I say we get what we vote for, welcome to the party.

_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to MissSCD)