|
Dr. A. H. Krieg
About six month ago the FRS almost in secret announced that beginning on March 20 2006 they would cease to report or publish facts relating to the M3 money supply. While I did notice this announcement never in my wildest dreams did I ever consider the actions that have now after the 20th of March come to fruition. The money supply is simply the amount of new money placed in circulation. In other words money that exceeds the amount destroyed because it was worn out. Without those figures it is totally impossible to determine the value of the dollar. As of the 20th of March none excerpt the Board of governors of the FRS has any reasonable idea of the value of our currency. Two Trillion Dollars Now confirmed by many sources in the U. S. Treasury, the printing office, and from within the FRS we learn that orders have been given to print up two trillion dollars of fiat money totally unbaked by anything. Usually at the cusp of money issues I in fact hinted at this exact scenario on my new book Money a primer ISBN 0-9748502-6-8 just published in the week of March 29. The printing office has been ordered to operate 24 hours a day 7 days a week until the demanded quota is met. All Employees of the FRS, Treasury as well as the printing office were ordered not to discuss this matter with anyone. We have also become privy to the information that the FRS indirectly funded immigration protests so as to divert media attention from their financial actions. The volume of this print run is large enough to devalue the dollar by about 40%. In other words you may anticipate that your savings will decline in value by over one third. This will also result in several things. 1) The price of imported goods will begin to dramatically rise by a minimum of 40%. 2) Your wages will begin to rise to offset the dollar devaluation, but part of this process due to the graduated income tax is that you will jump up in the percentage you pay in federal withholding taxes, thus your discernible income will fall dramatically. 3) Fuel prices will skyrocket. 4) County property taxes upon sale of any property will likely at least double. Dr. Krieg latest book is Money a primer. Get it now! Unless you know what's going on you will likely become destitute! PS: On September the 14th 2007 The Mint suspended all gold sales! |