Posted 4 years ago on Nov. 10, 2012, 9:47 a.m. EST by richardkentgates
This content is user submitted and not an official statement
But a highly valued dollar means more product for less money and that is against the interest of Wall Street who needs a devalued dollar to justify charging more for less product. The last time the dollar rose, the Fed printed billions of dollars on the government dime to suppress the value of the dollar and it worked well, keeping us poor, the economy stagnate, and Wall Street profits through the roof which Obama uses to support the idea of a recovery. Wall Street recovery is not an economic recovery it's protection for the 1%. The value of the dollar is about to rise again, suborn currency, so the Fed is now going ahead with QE3 which is an open ended round of money printing, also 20% of which will be on the government dime through treasury purchases, which will give them unlimited power to suppress the value of your paycheck. Check this chart, bookmark the link, and watch it while the Fed continues to print money. You will see the value of the dollar remain low. This is nothing short of picking winners in our economy and the winner is the 1%. So fuck what them Dems have to say and all the "confusion" about what troubles our economy, they know damn well what troubles our economy because they are the one's doing the damage, they just think you're too stupid to figure it out. Maybe they're right.