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Lysglimt
18-03-2009, 13:06
http://www.farmann.no/photo/sdrnoteun.JPGThis is scary.They want this to happen - people need to be warned.Pass this note on, paste it everywhere.Hans J Lysglimt

More... (http://www.farmann.no/leaked-new-world-order-currency-note/)

goldfinger
18-03-2009, 16:17
This is basically what George Soros have been advocating. One new unit, some IMF money, or world currency, that all currencies is devalued against, as some new version of what happened in 1932.

I just wonder, realistically, what the options are.
I mean, there is to much credit created, and when it comes due, the money is not there. I realistically think there is no "good solution" to this crisis. The worst thing appears to be the Japan scenario. All solutions seems to involve some loss of purchasing power. We know the suicide rates in Japan, how old men are still in charge, that's clearly not what we want to happen here. 70 year old baby boomer controlling everything and a depressed young population.

Will Bernanke start the "printing press" today, to push down 10 year, 30 year bond yields? I doubt it. Greenspan had been much more likely to do it. Greenspan had been having an easier time doing it. Bernanke have to much at stake, he is an academic, and think to much about his reputation. Even, there is money flowing into government bonds today, stocks are off, the dollar is off, gold is off, you might wonder if the market are thinking he will do it. I don't think they have done it since WW2.

Lysglimt
19-03-2009, 10:41
Well Bernanke did it. Madness.

The trick will be for them to make the new currency convertible with the old ones somehow. To fix the conversion rates. Then they can just print as much as they like of the new money - and bail everyone out with the new money as legal tender.
They will aim to fix the exchange rates - or it will not work for them.
This is world fascism coming up.