I'm calling "economic smoke and mirrors" ... IMF has scheduled Global Currency Reset for 198 currencies.. US Dollar is one of those..
Determining the "value" of a Fiat Dollar is like pushing jello up hill with your nose.. and about as precise. The only value of Fiat money is "faith"... world faith is banks and dollars is in the toilet.. thus Fiat money is also. On Tue, Aug 25, 2015 at 9:59 AM, Curly McLain via Mercedes < email@example.com> wrote: > Au contraire. We are in an era of DEflation. Oil may go down to the >> $30s/bbl. >> > > So that means we the taxpayers can cut your salary by 70-75%, right? If > oil is the benchmark, then everything else should deflate also? > > Unfortunately the goobers have been inflating (weimar style) the currency > desperately to try to mask the massive damage the bummer and his minions > have done to the economy. The natural thing would have been to have 6 yrs > of deflation as the economy shrinks, but instead we had mostly stable > conditions with some inflation and some deflation in items or sectors. > With the chicom meltdown, The mask may come off here also. > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com