QE3 and>> the Globalist Plan to Destroy the Dollar

Comment

Comment by Claude on June 2, 2011 at 8:55pm

Ron Paul on why the economy is not in a recovery, as the government insists.

 

“If success is defined in terms of the ultimate objective,

which is pushing up valuation in order for people

to spend more on goods and services and therefore get the economy to grow

and unemployment to come down rapidly, then the answer is no,” El- Erian said.

 

It is not explained how loaning astronomical amounts of fiat currency to a spendthrift government

will correct an economic imbalance engineered by the Federal Reserve

and the bankers in the first place.

 

Moderate estimates put the current budget deficit at $1.4 trillion –

10% of America’s GDP.

 

It should be obvious by now this policy smells of ultimate (and deliberate) ruination,

and sooner before later.

 

Of course, the Fed is not a blind elephant mindlessly thrashing about in a china shop,

ineptly taking out the foundations of the United States economy.

 

There is a methodical rhyme and reason behind what appears to be inept policies

consistently in failure mode and making things worse.

 

Obama’s record deficit spending – and gargantuan loans provided to cover the tab –

is central to a concerted effort to undermine the dollar

and reduce its status as the world’s reserve currency.

 

But not to fear.

Our rulers and their banker masters have a plan to save the world.

 

It’s called a “global currency” and it was proposed back in 2009

just as the banker engineered financial crisis was gaining steam

and Congress was cobbling together a plan to “save” the economy 

that was in fact a pig with lipstick plan to create more debt

and thus enslave your children and their children.