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View Full Version : Euro rising high- WTF?



Spectrism
23rd January 2012, 08:48 AM
I see the Euro skyrocketing as if all is well. All I can figure is that the bastard banksters gave them so many dollars in exchange for dying Euros that the dollar is now more vulnerable than the Euro. It is the same way interest rates are kept low. In a free market, the interest rates would be determined by the consumer who would demand an interest rate for that market before buying in. Since our government does not have to answer to its citizens, they use the federal reserve to buy as many bonds as necessary to maintain interest rates at sea level.

The ESF- Exchange Stabilization Fund (sounds nice, eh?) is the hidden part of the fed that really wields the power. They are the ones supporting the IMF and giving American wealth to foreign currencies. So, my guess is that the damned money controllers are keeping Europe afloat at the expense of our buying power. They buy as many Euros as needed to bolster the value of the Euro. What this means is that all the socialist thieving that was committed by Greece, Spain, Italy, etc... is going to be paid by you stupid Amerikans.

What will it look like? If you are working a job, you will not see a pay raise. Instead, you may have unpaid furloughs and job cuts where the remaining workers have to do more and are just glad they have their jobs. Meanwhile, the salary you have will not buy as many groceries, electric power, gasoline, or any other indulgence you may have. You will be robbed without guns or seeing the dollars taken. Just like the smaller packages of items you buy are providing less product for the same or more money, so will your income be stretched cutting your ability to buy the same amount of goods that you bought last year, or the year before that.

It is now the age of the stealth bailout.