Thursday, March 13, 2008
It's looking worse and worse for us Americans and our dollars. Jim Rogers, CEO of Rogers Holdings, recently appeared on CNBC to talk business and the US Dollar.
Rogers goes on to say the Federal Reserve is causing more inflation, which means higher prices, but Rogers also explained the move by the Fed puts big cash in the Wall Street CEO's pockets, while bringing higher prices to us.
Jay-Z already is reaping the benefits of picking up some Euro's, he flaunted them in his Blue Magic video.
I can only hope the depression these businessmen and economists are predicting is far away... Cuz I'm tryna ball outta control!
“I will ask you this,” one of CNBC’s talking heads asks Mr. Rogers, “what would be the first two things you would do if you were in Mr. Bernanke’s seat tomorrow morning?”Full Story at Infowars
“I would abolish the Federal Reserve,” avers Rogers, “and I would resign,” a response that brings nervous laughter all around at the CNBC studios.
Rogers then declares Bernanke and the Fed are debasing the currency in an effort to “revive America… it has never worked in the long term or medium term.”
Rogers goes on to say the Federal Reserve is causing more inflation, which means higher prices, but Rogers also explained the move by the Fed puts big cash in the Wall Street CEO's pockets, while bringing higher prices to us.
Jay-Z already is reaping the benefits of picking up some Euro's, he flaunted them in his Blue Magic video.
I can only hope the depression these businessmen and economists are predicting is far away... Cuz I'm tryna ball outta control!
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wow jay, informative shit, i always wonder tho with politics in general if you abolish or change one thing, is it really gonna make that much of a differnce????? if they did get rid of the federal reserve, imma wanna see gas prices, and the price of eggs, milk and bread go down STAT.... shit is ridiculous.....
Well it looks like that's what that CEO is saying. That prices will go down because of no inflation and a stable currency.
I'm tired of making life decisions at the gas station! I'm feelin like Katt Williams, "Nigga did I eat today???"
i know right jay, gas so damn high now it sends me into a damn panic attack when i go to put some in the tank.....and why i go in the store the other day to drop 40 in, and it was a man in front of me getting 4 bucks worth of gas???? i was like you ain't gon get far on that playboy and he was in a suv......
Have you guys heard about the Amero? Google it. I wonder if this recession (or even depression soon?) and the fall of the dollar value has anything to do with that? Like "The value of the dollar is falling. Guess it makes sense to convert to the Amero..."
yea i heard about that... the way it looks like is they are trying to devalue the money, then bring in the Amero, which would be like the Euro. The amero would be the currency 4 US Canada and Mexico.
It makes sense too because they are already merging mexico and canada's military with ours, and trade agreements with both of them.
http://www.youtube.com/watch?v=_ccxQRaLIOM&feature=related
Video of Congressman speaking about North American Union