Yes and it's the work of of private speculators again.
The great German hyper-inflation of 1922-1923 is one of the most widely cited examples by those who insist that private bankers, not governments, should control the money system. What is practically unknown about that sordid affair is that it occurred under the auspices of a privately owned and controlled central bank.
Up to then the Reichsbank had a form of private ownership but with substantial public control. "On May 26, 1922, the law establishing the independence of the Reichsbank and withdrawing from the Chancellor of the Reich any influence on the conduct of the Bank's business was promulgated.
This granting of total private control over the German currency became a key factor in the worst inflation of modern times. Thus it was a privately owned and privately controlled central bank, that made loans to private speculators, enabling them to speculate against the nation's currency.
Possibly. Google "George Soros. " You may be surprised what you see.
Yes, I think so. China killed US economy by taking away all the greenback. What Us now doing is, printing more money, then the greenback will be losing in value.
This strategy will hurt the Chinese most, because they are currently holding the greenback. How?
Imagine you have US$100 you can buy a bicycle in China. Now, that US$100 you can only buy one wheel.
Those who get to use the money first get the most benefit because it takes some time before everyone feels the impact of Inflation.
If,they buy Gold with it,and used it to stablize the currency that would be the best use of it.
I believe its far more serious and hideous than many people can imagine. The dollar is being devalued intentionally, to lead us into a new currency the "Amero" like the "Euro". They have already been minted.
Crashing our economy and tanking the dollar is the next step.
And yes, people in the know are buying gold and silver. Dick Cheney has purchased over $800 million in gold.
It is criminal that a private central bank controls our money and answers to no one. The time is now to educate people about the Federal Reserve.
I'm with Matt on this one. And I do believe the government should at least be able to audit the Federal reserve. Government can not run anything they could just make sure no corruption.
Yes because the goverment wants more money so they will do more.
Umm...purposefully and knowingly I think are two different things.
Yes. By producing more and more and putting more money in China and other useless purposes, they are devaluing the dollar.
I like to think that they're simply ignorant and don't realize what they're doing because if they know and they continue to do it, they're dumber than they look.
The Gold Bubble will burst. It is already over-valued and the reason it is so high is because people think it is the safest place to invest their money. I am sure other countries want to devalue the dollar but I am sure the US leadership does not want that.
The dollar is the world currency. It is the only currency anyone can buy oil with. Other world currencies are not in much better shape.
But its value is affected by the strength of our economic system which right now is a mess. We need a president that has a PAIR. And is going to stop letting us be the punching bag of the world.
Obama is not the guy.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.