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Posts Tagged ‘hyper-inflation’

Putin proposes EU become reserve currency

Posted in Deception, End Times Prophecy, One World Currency, tagged , , , , , , , , , on November 29, 2010|

Amazing article and video, MUST SEE!!!

It not only illustrates how the world is moving away from the dollar as the major currency, but what state the world finds itself in and how the US role has been written off.  To quote the final guess, the US is “done”.

It is huge for the US to be the reserve currency, it helps drive demand for countries and people to keep our currency.  If that would ever stop, then you would see our dollars value tank as people/countries drop our dollar.  The dollar value tanking means inflation and hyper-inflation.

We are on that path, it is just a matter of how fast do we get there…

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Putin proposes EU become reserve currency

Russia and Germany should dramatically increase their economic co-operation. That’s the message from Russian Prime Minister Vladimir Putin to some of Germany’s top industrialists at a business forum in Berlin.

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Fed to Spend $600 Billion More To Help Boost US Economy

Posted in Deception, End Times Prophecy, One World Currency, tagged , , , , , , , , , , , , , on November 3, 2010|

Here we go, its official.  Watch for price increases over the next 3-6 months…

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Fed to Spend $600 Billion More To Help Boost US Economy

The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.

Sheet of US one hundred dollar bills
Don Farrall | Digital Vision | Getty Images

The decision, which takes the Fed into largely uncharted waters, is aimed at further lowering borrowing costs for consumers and businesses still suffering in the aftermath of the worst recession since the Great Depression.

The U.S. central bank said it would buy about $75 billion in longer-term Treasury bonds per month. It said it would regularly review the pace and size of the program and adjust it as needed depending on the path of the recovery.

In its post-meeting statement, the Fed described the economy as “slow”, and said employers remained reluctant to add to payrolls. It said measures of inflation were “somewhat low.”

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Inflation, gold, and whats in store…

Posted in End Times Prophecy, One World Currency, tagged , , , , , , , on October 12, 2010|

More commentary on whats to come, what to expect…

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Frank DiMora’s Blog – 10-08-10

Prophecy Sign:  In chapter 18 of the Book of Revelation we see people weeping over items which will be taken away from them.  As you can see gold and silver are two of the items. I quote, “The merchants of the earth will weep and mourn over her because no one buys their cargoes any more– cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble” (Rev. 18:11-12).  Watch the video and find out what you need to know about gold and silver.  The prices are going to go up and people will weep when it is taken from them as it states in the above prophecy.

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Dollar tumbles to fresh 15-year low against yen

Posted in Deception, End Times Prophecy, One World Currency, tagged , , , , , , , , , on October 7, 2010|

The US dollar is in a tail spin, it is down against almost all major currencies and with the word out that the current administration is looking to use inflation to pay off deficit, there is no up is sight.  Buckle up, we are headed for hyper inflation…

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Dollar tumbles to fresh 15-year low against yen

TOKYO (AFP) – The dollar tumbled to a fresh 15-year low at 82.22 against the yen in Tokyo trading hours on Thursday on persistent fears over the US economic outlook.

The dollar fell from 82.87 in earlier trade to well below the level at which Japan last month carried out its first currency market intervention since 2004 to weaken the yen and protect an export-led recovery.

It later strengthened back to the mid 82-yen level.

The markets increasingly expect the US Federal Reserve to pump more money into the system to boost the flagging economy, even if doing so weakens the dollar and risks fanning inflation.

“The basic trend is dollar selling on the expected credit easing… The market is now sensitive to any negative news on the US economy,” said Yasuyuki Takeuchi, dealer at Mitsubishi UFJ Trust and Banking.

The Australian dollar on Thursday surged to an all time high of around 99.00 US cents, traders said, outstripping the record of 98.49 since it was allowed to float in December 1983.

The euro was trading close the key 1.40 dollar level, at around 1.3983.

“A lot of the trading community thinks this has further to go,” Daragh Maher, a senior currencies analyst at Credit Agricole in London told Dow Jones Newswires.

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Fed Signals It May Take Further Steps to Boost Economy

Posted in Deception, End Times Prophecy, One World Currency, One World Government, tagged , , , , , , , , , , on September 21, 2010|

Here we go folks, the trigger hasn’t been pulled but the Fed said they would and are looking to at the appropriate time.  Gold shot up as soon as it was announced, which means the market believes they will use “quantitative easing”.  Printing money to buy debt.  The US dollar also declined on the news.  You must remain watchful, for as soon as they pull the trigger, know inflation, maybe hyperinflation is on the way.

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Fed Signals It May Take Further Steps to Boost Economy

The Federal Reserve on Tuesday inched closer to fresh steps to bolster a sluggish U.S. recovery, saying it stood ready to provide more support for the economy and expressing concerns about low inflation.

United States Federal Reserve
Tetra Images | Getty Images
United States Federal Reserve

The U.S. central bank’s policy-setting panel made no shift in monetary policy at the end of a one-day meeting, keeping overnight interest rates near zero, but it opened the door wider to pumping more money into the economy.

“The committee will continue to monitor the economic outlook and financial developments and is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate,” the Fed said in a statement.

After its meeting on August 10, the Fed had simply said it would “employ its policy tools as necessary.” The Fed underscored its concerns over slowing inflation in its statement on Tuesday, saying the underlying rate of inflation was below levels consistent with its mandate for price stability and full employment.

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Geithner Steps up China Yuan Policy Criticism

Posted in One World Currency, One World Government, tagged , , , , , , on September 17, 2010|

A few days ago I posted an article on China’s warning to the approach outlined below. 

They warned on to get into a trade dispute or question their yuan policies. 

These two articles show the rock and a hard place we find ourselves in by being so over leveraged (in debt) with China.  If they continue on this course it will be “interesting” (no good results) to see what China’s response will be. 

We could be witnessing the initial trigger that kills the dollar and plunges us into hyper-inflation.

Which opens the door to one world currency and one world government…

(Link to earlier article: Chinese think tank warns US it will emerge as loser in trade war)

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Geithner Steps up China Yuan Policy Criticism

U.S. Treasury Secretary Timothy Geithner sharpened his criticism of China’s exchange rate policies, saying the yuan was strengthening too slowly and that he will look for new ways to get Beijing to move faster.

In testimony released on Wednesday and prepared for U.S. lawmakers considering a tough new trade law, Geithner called on China to allow “significant, sustained appreciation over time” and for the yuan to “fully reflect market forces.”

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