Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: struwwelpeter; All

The Russian crisis is from a growing pile of our worthless US dollars, which us inAmerica are forcing foreign countries to accept at a financially deadly overvaluation. This is called exporting inflation am I correct on this?
(borrowing or printing worthless dollars)?


10 posted on 11/18/2004 6:16:31 AM PST by ruready4eternity (FALLUJAH IS DUST under our FEET!)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: All

The Federal Reserve is not American, but a branch of the Bank for International Settlements (BIS) in Switzerland. Neither is the Chinese central bank Chinese, but a branch office of the BIS, as well. So the BIS is perfectly willing to gives orders to the office in China to buy debt from the branch in the U.S., even if it means that China will eventually be destroyed by doing so. There is zero competition between central banks, because they are one corporation, run by one board of owners.

I am beginning to understand how the money flows.


11 posted on 11/18/2004 6:23:18 AM PST by ruready4eternity (FALLUJAH IS DUST under our FEET!)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson