Well, another day, another Dow decent toward the abyss. . . at first it made me sort of gleeful to see things turning south. I thought, "yes, I've been predicting this, their policies of spending and greed will ultimately bankrupt the country!" but now that we're two steps into the dance, I'm feeling slightly less enthusiastic about finishing. Obviously, some correction is healthy, but I fear how the controllers will react. We've already heard the much revered Alan Greenspan's take on the situation "We can always print more money" Great plan! If you've got all your funds in foreign currency or metals. I don't even know if that would protect you from the fallout of another round of "quantitative easing" from the fed. And that, my friends, is exactly what we have to look forward to, more money printing. My question, at this point in the game, is: what does the american government have to gain from self destruction? Seriously? if they default, or cause hyperinflation of the dollar . . . OR BOTH . . . what do they have to gain? I ask, because that is where we are headed. And I HAVE to assume someone is still steering the boat.
It's so funny that you've made this thread. My big brother and I had this same exact conversation earlier today. I think common sense tells us that things aren't as out of control as the average American thinks they are. Though I don't care for the global elite, I do have faith in their wits. SOMETHING is going on. They must has something to gain from a complete collapse because it is so obvious we are headed there. When the mainstream media starts talking about it, something is fishy. I'm a little bit scared because I no longer feel like I'm in the inside when it comes to information. All I can do is pray that my metal holdings will do me some good.
Those that are printing the money are also hoarding the money. Much of the printing going on does not result in a trickle down effect. It's staying at the top and then floating over to other countries. We, the "little" people, are stuck with the check and will continue to pay the check for eternity. Those that are doing the printing are in control. And so they have the money AND the power. They're in control of the printing, in control of the government, in control of the media... ultimate power. That's the incentive for the printing.
