Are tens of millions of Americans about to experience devaluation of the dollar?

Discussion in 'Economics & Trade' started by DennisTate, Sep 26, 2017.

?

What percentage of their saving will Americans lose if the dollar is devalued?

  1. 0 percent

    7 vote(s)
    38.9%
  2. 1 - 10 percent

    3 vote(s)
    16.7%
  3. 11- 20 percent

    0 vote(s)
    0.0%
  4. 21 - 30 percent

    2 vote(s)
    11.1%
  5. more than thirty percent of their savings.....

    6 vote(s)
    33.3%
  1. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    AboveAlpha really challenged me several months ago with
    one particular paragraph in a message that he sent me:

    Back in 2012 I had seen an interview by a Christian psychic who had been shown further details on the worst possible case scenario of what could happen in the event that the USA Petro Dollars were to be abandoned in favor of some other currency.


     
  2. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    I personally went with one to ten percent...... and even that could be only for a matter of months until G-d works out something in all this that is somehow going to fit with the prediction by Rabbi Judah ben Samuel that 1917, 1967 and 2017 would be Jubilee years.

    Ultimately I believe that the dollar will end up stronger than ever but the next two to five years could be a little scary for many millions of Americans. (Especially those who do not consider President Donald J. Trump to have an IQ well up in the genius range)!

    http://www.politicalforum.com/index.php?threads/is-president-trumps-iq-around-156.497274/

    Is President Trump's IQ around 156?

     
  3. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    Here is a video on the topic of the plans to attempt to devalue the USA dollar:


    http://www.politicalforum.com/index...s-early-as-2016.397835/page-8#post-1067354662




     
  4. JakeStarkey

    JakeStarkey Well-Known Member

    Joined:
    Sep 4, 2016
    Messages:
    13,348
    Likes Received:
    4,925
    Trophy Points:
    113
  5. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    I do believe that Americans are going to soon see an ATTEMPT to devalue the dollar..... as a matter of fact this whole thing about trying to discredit President Trump is a part of it.

    I am predicting that an unlikely alliance will come together over the next year or so. Just as Pope John Paul II worked very closely with President Ronald Reagan to bring down the Iron Curtain so also Pope Francis and President Trump, in my opinion, are soon going to find a lot of common ground on which they can cooperate.

    http://www.politicalforum.com/index...nald-is-preparing-america-for-jubilee.447338/

    Pope Francis.... The Donald is preparing America for Jubilee!
     
  6. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    You are correct.... the attempt to devalue the dollar will ultimately fail.......
    but I do believe that the easiest way to prevent devaluation of the dollar may be to take the Canadian dollar up to par with the USA Dollar...........

    ... I sure do hope that Pope Francis will accept his invitation to Truro, Nova Scotia Canada where the next step should be discussed........


    http://www.politicalforum.com/index.php?threads/jamie-baillie-nova-scotia-israel-and-jordan.506627/




     
    Last edited: Sep 27, 2017
  7. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,639
    Trophy Points:
    113
    Jeez and conservatives criticized dems for supposedly being idol worshipers.
     
    Guno and DennisTate like this.
  8. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,639
    Trophy Points:
    113
    Link to the above alpha article?
     
    DennisTate likes this.
  9. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    I consider that that quotation is an issue of national security and I believe that AboveAlpha put it in a message to me because he knew that my being Canadian....... as well as only getting 41 votes in all four of my campaigns combined gave me the freedom to really try my best to think up a response to what he stated.

    AboveAlpha knew that what I wrote back in 2008 was in a sense..... not too bad of a foundation to one important part of a full response to that potential crisis.


    www.BankingSystemsFlaws.blogspot.ca/
    ......

    It was actually a personal message sent directly to me..... The full text of the message is in post #18 here:


    http://www.politicalforum.com/index...weimar-republic-inflation-i-ever-read.502018/

    Best explanation for Weimar Republic Inflation I ever read....
     
    Last edited: Sep 27, 2017
  10. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    President Donald J. Trump has more than his average share of problems and character flaws but......... Rabbi Jonathan Cahn does a great job of explaining how that sets him up to play a role similar to King Jehu son of Nimshi who was anointed king by Elijah............. if I remember correctly.

    You have heard the Mark Taylor prophecy haven't you?

    I listened to the original video interview several times... but this is a shorter version:

    https://sidroth.org/sem/the-trump-p...MI_4yF8_3F1gIVSGp-Ch2FDA4hEAAYASAAEgL3hfD_BwE

    and.......
    I think the link to the full length version should be here in this article......


    http://www.trunews.com/article/gods-man-firefighter-shares-2011-vision-of-president-trump

    God’s Man: Firefighter shares 2011 Vision of President Trump

    yup.... here is the 04/18/16 interview...... that helped greatly to fire up President Trump's base of support:

    http://www.trunews.com/listen/firefighter-prophecy-trump-mark-taylor-gods-man

     
    Last edited: Sep 27, 2017
  11. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,639
    Trophy Points:
    113
    Thanks for proving my point.

    Remember when conservatives used to mock hero/savior worship of the president?
     
    Last edited: Sep 28, 2017
    Guno and DennisTate like this.
  12. Crawdadr

    Crawdadr Well-Known Member

    Joined:
    Nov 10, 2009
    Messages:
    6,454
    Likes Received:
    1,065
    Trophy Points:
    113
    Gender:
    Male
    I think it is rather delusional to think that God gives a hoot about the economy. In fact it is strait hubris to believe that the USA even with all its temporal power today matters all that much in the truly grand scheme of things. It is like believing the universe revolves around the earth. Man places greater importance on themselves then is truly deserved. I bet if we search through the spiritualist papers of the 1700's that we find much of the same prognostications from British spiritualists as we see here.
     
    DennisTate likes this.
  13. Pollycy

    Pollycy Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    17,773
    Likes Received:
    3,857
    Trophy Points:
    113
    Gender:
    Male
    Iriemon can speak logically and in an informed way about subjects like this. He and I don't agree on a lot, but I'll give him credit for being fact-based until I see evidence to the contrary.

    My 2-cents? In theory, the international central banks, including the Fed, the European Central Bank, the Bank of England, etc., could pull the props out from under the dollar at any time they chose. After all, starting in August 2007, it was the Federal Reserve Bank right here in the U. S. that took over complete control of the economy and began stuffing trillions of dollars of imaginary money in the big banks, worthless "toxic" assets, and all the other crap we saw during QE1, QE2, Operation Twist, and QE3 -- while at the same time the Fed slashed interest rates to near-zero (even while demand for CASH was very high). The central banks violated every rule of a free-market economy and they hold on to the power to continue to do so to this day.

    That is why, when the Fed does anything, however trivial, the stock market has exaggerated reactions -- because Wall Street knows that only one thing counts in the economy of the Western World -- central banks.

    So, the question to ask is, "Do central banks want to torpedo the U. S. Dollar?" Simply put, if they do, we're f*cked. If they don't, then things roll on much as they have been for at least the last ten years... with the central banks firmly in total control of EVERYTHING -- except Russia and China....
     
    Last edited: Sep 28, 2017
    Iriemon and DennisTate like this.
  14. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male

    But..... what if that hero worship can mobilize a segment of the economy who have astonishing potential when that hero manages to get them to cooperate at a higher level.

    For example.......... lots of Trump supporters would love to get away from the cities where being a Trump supporter tends to be frowned on by family and friends who can be pretty pushy.

    What if......... a potential crisis could be diverted in a very positive manner by convincing conservatives / Trump supporters to set in motion a series of events that soon transform the USA economy?


    http://www.politicalforum.com/index...-fed-policy-pay-off-usa-national-debt.489825/

    Could a real estate boom plus better Fed policy pay off USA national debt?
    The Worgl, Austria local money experiment, especially its replication in one thousand USA communities during the Great Depression, proves that the following is possible in theory............ and........ in the event of an attempted devaluation of the dollar is one response that should be set up in advance.

    http://www.politicalforum.com/index...ons-should-print-their-own-currencies.381946/

    Large churches in democratic nations should print their own currencies.
    ........
    Hey..... it just finally hit me that setting up for a massive Exodus of Americans from the cities into more rural areas could transform USA politics substantially. Hillary took 90.9% of the vote in Washington, D. C........ but lost the election...... so conservatives being able to afford to move to the countryside would tend to be good news for the G.O.P.
     
    Last edited: Sep 28, 2017
  15. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male

    I personally believe that central banks are making a serious error if they back up obviously dangerous technology such as terminator seeds. Monsanto, in my opinion, is engaging in extremely dangerous practices that are turning a huge number of other nations against all USA made agricultural products.

    The unethical practices of Big Pharma are also a dangerous group for the central banks to attempt to prop up.


    Econ4Every1 did such a great job of answering my question this that I feel I should copy and paste his amazing response here:


    http://www.politicalforum.com/index...spect-of-money.510391/page-10#post-1068056761

    What is the most import aspect of money?

    ....

     
    Last edited: Sep 28, 2017
  16. Ronstar

    Ronstar Well-Known Member Past Donor

    Joined:
    Jun 19, 2013
    Messages:
    80,104
    Likes Received:
    8,577
    Trophy Points:
    113
    time to put these delusional posts on Ignore
     
    DennisTate likes this.
  17. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,639
    Trophy Points:
    113
    I'm not sure what you are arguing here ... that donald is a great president because he's leading us into another real estate bubble?

    No, a real estate boom cannot pay off the national debt. A real estate bubble carries the risk of bad economic consequences, if memory serves.
     
    Last edited: Sep 28, 2017
    Pollycy, DennisTate and Guno like this.
  18. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    But it is not a bubble.......
    it will be a trend that I believe will continue well past the year 2185 if former Atheist Howard Storm was tapping into a good source of information about our probable future.

    http://www.near-death.com/experiences/notable/howard-storm.html#a04
    Note... I am wide open to the possibility that this future world may have been full of high tech items but...... since Howard was used to life in 1985..... he might not have noticed anything out of the ordinary at all perhaps because high tech fits in well with the environment in the not too distant future.
     
    Last edited: Sep 28, 2017
  19. Iriemon

    Iriemon Well-Known Member Past Donor

    Joined:
    May 12, 2009
    Messages:
    82,348
    Likes Received:
    2,639
    Trophy Points:
    113
    While I think your post is hyperbolic (except the part about me : D), there is no doubt the Fed has great power and could screw up the economy.

    But then isn't it better to have this power in our own country? Why would you want foreign entities or speculators to have that power?
     
    Last edited: Sep 28, 2017
    Econ4Every1 likes this.
  20. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    19,396
    Likes Received:
    923
    Trophy Points:
    113
    Gender:
    Male
    But... the economies of most nations to at least some degree are fueled by beliefs..... it is wise to consider that some beliefs that we may disagree with..... could have huge artistic value for the economy. In a world where most of us have been replaced by robots....... some sort of artistic pursuit may be one of the most important areas of job creation.
     
    Last edited: Sep 28, 2017

Share This Page