Monday, February 2, 2009
incredible shrinking dollar
At one time, the dollar was worth more than the euro. This seems funny now, but the US gov printed so many green strips of paper that it is now worth-less, and soon worthless. There could be hyperinflation in the future. If we do not stop the presses and get control of ourselves.
Right now we are tracking the dollar downward. The guv stop reporting M3 money supply in 2006, but the worst is yet to come. With little manufacturing and an economy based on bogus banks that play with money, we are in for a rough ride.
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