It's too late. We're already off the cliff, falling.
The only thing left is the sudden stop at the end.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Posted on 11/04/2010 4:07:51 PM PDT by GregB
We might win the young vote in the next election - those $100,000 student loans won't look so bad when minimum wage hits $50 hour ...
I’m not too many years away myself - my pension has NO built in cost of living ...
It's too late. We're already off the cliff, falling.
The only thing left is the sudden stop at the end.
Burn down the Federal Reserve during regular office hours....
Refuse to accept them and demand Gold or Silver for payment.
Nothing
We are in a Zombie economy.
The dollar is dead, the Fed is simply pretending it's alive
The real solution is to be prepared for the crash and start again with a dollars based on the gold standard and get off a fiat monetary system
Is beer a commodity ?
We need an explicit inflation targeting policy at the Fed. Other countries do it but our Fed is allowed to do whatever it wants.
What’s to “rescue”
The United States has had an artificially over valued dollar since the 50s, and this has been directly responsible for cheap imports and our own manufacturing moving to other countries.
Of course it’s much more complicated than this and many, MANY factors come into play, but don’t fall for the hype of always assuming any weakness in the US Dollar is 100% bad. There are good points to weak dollar as well.
I don’t claim to know the right answer, but don’t panic and talk of “rescue the dollar”.
Fixed income? There are a lot of us who have not had a raise in 10 years.
Whack a Lib.
no, but wine is !
Buy Gold / Silver.
Buy Lead
Prepare
Be ready
Act when the time is right
Unless, or until we are willing, after last nites election, to place a political leash on Ben Bernanke - which will legally and politically be very difficult - there is not much private citizens can do.
Whether Obama is helping direct Bernanke to his policy choices or not, he will be happy to take any temporary, short lived and phony “stimulus” that may result from Bernanke’s policies, no matter how bad the economic fall-out from them will be down the road. Obama knows he may in fact be gone from office by the time the worst effects show up.
Only until you drink it.
Tell Obama, we and our descendants, are not his secured credit card?
In the short term, nothing. The devaluation is in process and will continue for some time
The devaluation will eliminate the debt as the value declines.
If you can pay off the debt, you can stop the process. If not, the value erosion will continue
The process is not just American. It will be ocurring elsewhere as well
Fire Ben Bernanke.
Just buy domestic
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.