Dollar plunges!

[Michael]

An article entitled "Fed announcement caused largest dollar plunge in over 20 years."

Following yesterday’s afternoon announcement that the Federal Reserve planned to print $1 Trillion in magic money to pump into banks and buy securities. The value of the dollar had been rising rapidly for weeks. Now much of the recent gains have been wiped out. Experts say the dollar will continue to fall.





The announcement triggered the largest one day plunge in the value of the US dollar since 1985, and the "mainstream" media is relatively silent. The news is being widely reported in the foreign media, but ignored by US outlets who seek to protect Obama.

http://cofcc.org/?p=4432

[Adolar]

This should come as no surprise to us. Tim Geithner at Treasury prints something like $1.2 trillion in IOUs; his fellow Hebrew at the Fed, Ben Shalom Bernanke, then prints $1.2 trillion in U.S. dollars and buys it up.


I wish I could do something like that; Geithner and Bernanke can do this legally, but I'd be arrested for counterfeiting!


Not fair...