Obama turns on money printing machine

www.russiatoday.com Obama’s administration turns on money printing machine 20 March, 2009, 14:35 The dollar’s been tumbling against the world’s foremost currencies after US Federal Reserve’s plot to print out extra paper money. The trillion dollars needed for the plot result in the jitters to persons dealing in dollars. The Federal Reserve is once again stepping up efforts to save the US nation, announcing that it will pump an extra trillion into the US financial system by purchasing treasury bonds and mortgage securities. The thought is to encourage economic activity by lowering interest rates including persons on home loans. Many critics say that printing that amount of money out of thin air will result in disastrous consequences and may possibly lead to hyper-inflation and a plunge of the US national currency. Many experts have gone on record saying that US monetary policy has passed the point of no return when it comes to printing money. So the United States may end up having a hoard of cash at home, when prices on basic products will jump significantly and leave people wondering what their money is really worth. The vivid example of the severity of hyper-inflation is Germany in early 1920s. Back at that time national paper currency had lost so much value, that people were literally burning it to stay warm. Economists warn, that the problem and the severity of that situation cannot be underestimated. Read more What does the future hold for the dollar? A panel of economic experts at the
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Have you listened to David Wilcock Jan 10 2010 interview Ben & Project Camelot Nov 20 2009 both at end of my Ben Fulford PLAYLIST named “NWO Stand-off & US dollar Gold backed-Benjamin Fulford 2″ www.youtube.com SUBSCRIBPTION ONLY US/MTH www.benjaminfulford.net BENJAMN FULFORD.net BLOG JAN 4th 2010 Illuminati rule to end this year, maybe even this week Although I have been trained as a skeptic and a believer in science, something so unusual happened this new year that I believe it must be an omen. On December 21st a group of shamans held a ceremony by a lake in the Philippines that locals believe to be the home of a goddess. The Shamans, including a revered Maori lady, also believed this lake to be a portal to other dimensions. Whatever the case, there was heavy rain and thick cloud cover as the group headed to the lake for a ceremony to mark a change in how Western civilization behaves. When we arrived at the lake suddenly an area of blue sky appeared immediately above us. All around there was still heavy cloud cover and rain. Though, directly over our heads, in the middle of the circle of blue sky there was a new moon. Then on new years eve the world experienced an unheralded but precious event, a blue moon on new years eve in the West and a blue moon on new years day in Asia. A blue moon means a second full moon in one month. A full moon on new years eve happens only once in every two decades or so. For both to coincide is something that only happens once in many
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