FEDERAL RESERVE ORDERS TWO TRILLION DOLLARS PUT INTO CIRCULATION!

Old post but it affects our economy for years to come.
http://axisoflogic.com/cgi-bin/exec/view.pl?archive=144&num=21569

FED - 'FESS UP ON M3
Thursday, March 23, 2006 - FreeMarketNews.com

March 23rd is more than a normal day. A release from DownsizeDC serves as a reminder that today the Federal Reserve stops publishing a statistic known as M3 - the best information available on how much new currency is being created and held around the world. The release points out that "The Federal Reserve can create new dollars out of thin air. ... When more dollars are created prices rise and the value of your savings fall."

As of today, the Fed has stopped publishing this data for public analysis, and DownsizeDC is not alone in its suspicions about the reasons why. There have been a spate of articles on the 'Net recently speculating about the Fed's fairly dramatic move, some linking it to a possibile Iranian commodities bourse that will offer an alternative to the so-called US petrodollar. "The Fed is planning to do a lot of 'legal counterfeiting,' and wants to hide it," the release concludes.

The release also notes that Congressman Ron Paul [R-TX] has introduced legislation to require the Fed to resume reporting the M3 statistic, and Downsize urges taxpaying citizens to contact their own representatives to support the bill called The Sunshine in Monetary Policy Act. - ST

staff reports - Free-Market News Network

http://www.freemarketnews.com/WorldNews.asp?nid=9991
 

Digumup and Realde where do you get your metal prices? Gold is at $888.10 and silver is $16.47 per ounce. Gold hit $987 last week and is supposed to top $1000. Its all a conspiracy by the Bush clan to get richer.
 

scubasalvor said:
Digumup and Realde where do you get your metal prices? Gold is at $888.10 and silver is $16.47 per ounce. Gold hit $987 last week and is supposed to top $1000. Its all a conspiracy by the Bush clan to get richer.
This is an old post. We should have listened. Bush printing money causes inflation that causes precious metals to rise.
Real de Tayopa said:
=Kamehameha
America is paving the way to banking crisis Japan experienced about twelve years ago.
*******************
A) Ohayo' Kamehameha: Just check the latest forcasts on housing and properties sigh, a false propped up pyramid type of level and economy, scary.

As a basic check up indicator, check the explosive increase in precious metal demand.

Gold was at $589 the other day, and even after the profit taking it is still at $587.

p.s. You are quite correct Kamehameha

Sayanara

Jose de La Mancha
 

scubasalvor said:
Digumup and Realde where do you get your metal prices? Gold is at $888.10 and silver is $16.47 per ounce. Gold hit $987 last week and is supposed to top $1000. Its all a conspiracy by the Bush clan to get richer.

This is an old post. We should have listened. Bush printing money caused inflation that caused precious metals to rise. I wasnt going to mention the Bush clan, but since you brought it up. ::) Predictions on housing came true as well.

Real de Tayopa said:
=Kamehameha
America is paving the way to banking crisis Japan experienced about twelve years ago.
*******************
A) Ohayo' Kamehameha: Just check the latest forcasts on housing and properties sigh, a false propped up pyramid type of level and economy, scary.

As a basic check up indicator, check the explosive increase in precious metal demand.

Gold was at $589 the other day, and even after the profit taking it is still at $587.

p.s. You are quite correct Kamehameha

Sayanara

Jose de La Mancha
 

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