German Hyperinflation

[Kevin_Kennedy]

[youtube]2XkabcSkpOA[/youtube]

Ron Paul on what happened to the Germans in 1923, and what could happen to us if we don't do something about the Federal Reserve.

 

[AmericaFirst]

The Federal Reserve Banksters told Bloomberg NO, Congress NO, now Fox News NO on where they are spending our trillions of debt.

Fed Rejects FBN Request on Federal Loans Information - FOXBusiness.com

 

[indago]

Journalist Celia W. Dugger wrote for the New York Times 16 January 2009:

The country’s stratospheric inflation rate, one of the worst in world history, entered a new, yet more incredible realm on Friday as the Reserve Bank introduced a new family of trillion-dollar bank notes, beginning with one for 10 trillion Zimbabwean dollars, which is worth about $8 on the black market. The state media reported the bank would also gradually release $20 trillion, $50 trillion and $100 trillion notes.

 

[editec]

It could happen.

As RP says, when the rest of the world doesn't want our dollars the game is over.

ANOTHER good reason to rethink our FREE TRADE policies, of course.

A nation's money is really only worth as much as the nation itself actually produces good and services to give it value.

Deindustrializing our nation and thinking we can get by on a society which rewards only real estate, finance, and insurance investments is about the dumbest plan I can think of.

But that IS the plan our masters of the universe developed.

FREE TRADE my ass.

 

[alan1]

It could happen.

As RP says, when the rest of the world doesn't want our dollars the game is over.

ANOTHER good reason to rethink our FREE TRADE policies, of course.

A nation's money is really only worth as much as the nation itself actually produces good and services to give it value.

Deindustrializing our nation and thinking we can get by on a society which rewards only real estate, finance, and insurance investments is about the dumbest plan I can think of.

But that IS the plan our masters of the universe developed.

FREE TRADE my ass.

I can think of something more dumb.
Taxing the industrialized manufacturing base so heavily that they move offshore to avoid said taxes.
Oh wait, I didn't think of that, government did.