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<p>[QUOTE=&quot;Vess1, post: 578000, member: 13650&quot;]Your post is well taken and an interesting perspective.&nbsp;&nbsp; But you&#039;re also making an assumption that these &#039;powers that be&#039; are completely 100% in control of the economy which as you say, consists of massive debt and millions of citizens.&nbsp; &nbsp; </p><p>&nbsp;</p><p>&nbsp; It reminds me of when during presidential elections, there are people who really think they&#039;re voting for a president who can single handedly turn the economy around.&nbsp;&nbsp; </p><p>&nbsp;</p><p>&nbsp; IMO, if the powers that be could control everything, we shouldn&#039;t have any large banks failing or people at the top committing suicide.&nbsp;&nbsp; Why don&#039;t they just change things so all these banks are fine and they continue to profit?&nbsp; &nbsp; </p><p>&nbsp;&nbsp; My guess is that you can&#039;t control what people will do, how they feel about things, what they will spend their money on or what they want.&nbsp; You can&#039;t control who will be responsible, and who won&#039;t be.&nbsp;&nbsp; You can&#039;t convince people at the top to take pay cuts in order to save employees without the companies being taken over by the government.&nbsp; </p><p>&nbsp;</p><p>&nbsp; The economy and the value of a dollar I believe is a large and complicated thing.&nbsp; Even the powers that be, may only be a small rudder on a large ship, moving full speed ahead. </p><p>&nbsp;</p><p>&nbsp; I&#039;m beginning to become more concerened about a possible World currency.&nbsp;&nbsp; A quick fix would be just to devalue the currency by &#039;x&#039; amount and implement a World currency that you will now be paid in.&nbsp; </p><p>&nbsp; </p><p>&nbsp; What choice would anyone have in the matter?&nbsp; (I disagreed with bailing out AIG.&nbsp; Who am I supposed to call to stop or reverse what was done??&nbsp; Nobody.&nbsp; You can&#039;t.&nbsp; They did what they wanted to do.)</p><p>&nbsp;</p><p>&nbsp; It would be enormous wealth lost to the average guy but the debts that those banks hold are then instantly worth that much more, simply remaining the same.&nbsp;&nbsp; They win, we would lose as usual.&nbsp; They have plenty of incentive to implement this under the guise that it is &quot;what is necessary for global financial stability.&quot;&nbsp;&nbsp; </p><p>&nbsp;</p><p>&nbsp; Metals of course would skyrocket as your cash gets traded in on lesser value global currency that you now have to use.&nbsp;&nbsp; They own the federal reserve.&nbsp; They decide what&#039;s legal tender.&nbsp; Absolutely nothing stops them from pulling the plug on the whole fiasco and moving to something else.&nbsp; </p><p>&nbsp;</p><p>&nbsp; Remember this is a global economy now.&nbsp; Global currency will be looked upon as the new, good thing.&nbsp; The powers that be on a global level will decide how best they can benefit from this.&nbsp; The smaller ones in this country will not matter.&nbsp;&nbsp; Maybe they&#039;ll be able to convince people with a small devaluation.&nbsp; Maybe only 10%?&nbsp; (lol)&nbsp; &nbsp; </p><p>&nbsp;</p><p>&nbsp; This isn&#039;t just doom and gloom.&nbsp; To me this is a very feasible situation that they could accomplish if they choose to.&nbsp; </p><p>&nbsp;</p><p>&nbsp; Even if they only do as you say and start pulling money back and raising interest rates back up to prevent inflation....&nbsp; didn&#039;t those actions help drive us into a depression in the 30&#039;s?</p><p>&nbsp;&nbsp; &nbsp; Interest rates are low.&nbsp; Cash is being printed like mad, government bailouts are plentiful and yet still there is news of banks refusing to lend.&nbsp; &nbsp; So what happens when they pull back to defeat inflation?&nbsp; &nbsp; People need to get car loans to buy these cars that keep the big 3 in business.&nbsp; &nbsp; </p><p>&nbsp;</p><p>If they can&#039;t, they will just keep going away until they disappear.&nbsp;&nbsp; You can&#039;t forget about the reactions that will come from the actions that you say will save us.[/QUOTE]</p><p><br /></p>

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