The Dollar's Demise

[KySongDog]

Secret talks are being held by foreign countries to end the use of the U.S. dollar to buy and sell crude oil.   The devaluation of the dollar continues.   

Obama is squandering the prestige and independence of the U.S. in his quest for "one world government" and universal socialism.   

If you thought NAFTA was bad, you ain't seen nothing yet. 

http://www.foxnews.com/story/0,2933,560742,00.html

[FinsnFur]

Stuff like this just makes my guts roll with both confusion and fear  

[KySongDog]

Hyper inflation is my biggest concern.   The government just prints more money to pay its debts.  But the consumer gets hosed when his money ends up buying little or nothing.   

Take a look at Zimbabwe in this CIA listing.   These are 2007 and 2008 estimated figures.


https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html

Venezuela, under Chavez, is at 30% for 2008.  How's that for socialism.