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View Full Version : The plan to destroy America – via the dollar(Hal Lindsey)


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Vonne
May 6th, 2007, 06:25 PM
Um... I may be misguided, but its been pretty widely reported that our own government is also pushing a soft dollar policy. As a means of bringing our exports inline with other countries and forcing other countries to raise the value of their currencies.

ehbowen
May 6th, 2007, 10:40 PM
If so, they had better be careful what they wish for. They may get it.

SummerSailing81
May 12th, 2007, 12:19 PM
Hal never said what we should be doing or telling the government what we want done to prevent this. What should we as individuals be doing and what should the government be doing? :scratch

Vonne
May 12th, 2007, 01:03 PM
Hal never said what we should be doing or telling the government what we want done to prevent this. What should we as individuals be doing and what should the government be doing? :scratch

While we could debate the argument of, Hal's ignoring that most analyst have a different correlation of the declining dollar and our economy. As in a soft dollar policy is good for our economy, albeit being a perilous game to play.

As for many countries widely moving their reserve currencies away from the Euro. While we could state that its a fundamental attack on America, it could also be... simply economic incentives at work. Can you really expect other countries to place Americas interest ahead of theirs? They can't really divest fully, but wouldn't you in a similiar comparison; reduce your holdings in a stock that you KNOW is going to lose value?

As far as China's hold of American reserve notes being akin to a dagger at our throats. Sure, its true to an extent. But its a position we've knowingly embraced. China floods our bond market allowing us to take on debt cheaply, financing our economy, wars, etc.. while at the same time tieing our economies together so implicitly that China now has an incentive to keep Americas economy afloat! As we've witnessed with their own reserve banks statments, of knowingly buying bad American debt at times to keep our economy going.

Glory in print
May 14th, 2007, 10:14 AM
I have a plan to destroy America elect Hilary Clinton.