Will the U.S. Dollar collapse within the next few years?? Some think it is inevitable with our government’s current rate of spending. With the Federal Reserve keeping interest rates really low while printing billions and billions of dollars in order to provide more liquidity to banks, it is very likely that within a matter of years the U.S. will witness hyper-inflation, resulting in the collapse of the U.S. dollar.
Think about it:
1. U.S. government liabilities have surpassed $50 trillion dollars.
2. The U.S. debt grew 9.5% last year surpassing $9 trillion at the end of 2007, about $30,000 for every American, and the figure keeps increasing exponentially.
3. The U.S. government spends $1.5 billion dollars more than it takes in every day.
Showing posts with label Dollar. Show all posts
Showing posts with label Dollar. Show all posts
Wednesday, April 29, 2009
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