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The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

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The Federal Reserve's Explicit Goal: Devalue The Dollar 33% Empty The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

Post by top_gun Thu Feb 09, 2012 4:56 pm

The Federal Reserve's Explicit Goal: Devalue The Dollar 33%


http://www.forbes.com/sites/charleskadlec/2012/02/06/the-federal-reserves-explicit-goal-devalue-the-dollar-33/

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.
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The Federal Reserve's Explicit Goal: Devalue The Dollar 33% Empty Re: The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

Post by Guest Thu Feb 09, 2012 7:29 pm

It has already devalued by that amount. During the Clinton Administration the dollar had hit 1.26 and it is now around 78.50, so you tell me has it already devalued by 33%? If that is the case the Fed plans to move the world currency to some other than the USD, maybe it's going to be the IQD. In any case I believe the Fed is on its way out. AJ

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The Federal Reserve's Explicit Goal: Devalue The Dollar 33% Empty Re: The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

Post by Guest Thu Feb 09, 2012 7:41 pm

Interesting ...

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