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George Soros: Dollar’s Strength Is A Measure Of System’s “Sickness”

Sat, 02 Oct 2010 09:26:17 +0000

Tue, 7 Apr 2009 ***Note: Due to the popularity of the first George Soros video I’ve posted, I have decided to post the rest of the videos from the same interview he did with Yahoo! Finance.*** This is Part 2 of the four part series. George Soros, legendary currency trader and chairman of Soros Fund Management, shares his perspective on the status of the dollar as the world’s reserve currency and on the causes for the recent strength in the dollar. Interestingly, when asked about his speculative trading positions on the dollar, the Euro and the British pound, Soros becomes rather evasive in his responses. Soros on mismanagement of the dollar: “The way things worked, we (the US government) imposed discipline on everybody else, except ourselves, because we could print our money, and we abused that. We actually consumed, in the end, 6.5% more than we were producing, and that’s now being reversed and I don’t think you can ever go back there ever again.” Soros on why Germany does not want to bail out other EU members: “First of all, their historic memory was seared by HYPER-INFLATION, the way ours was by [the Great] Depression. So they have a different attitude. Secondly, they are actually stimulating their own economy, and they say that countries that are fiscally imbalanced, are not in a position to stimulate, and that is correct.” Watch Part 1 – “George Soros: Zombie Banks Are Drawing The Lifeblood Of Economic Activity” here: www.youtube.com Watch Part 3 – “George Soros …

Treasury Department Issues Emergency Recall Of All US Dollars

Wed, 15 Sep 2010 17:26:21 +0000

Treasury Officials say the dye used in printed money is extremely toxic and urge Americans to send all their cash to Washington immediately.

Inflation and the Dollar’s crash

Sat, 22 May 2010 17:27:10 +0000

US Bank System Collapsing A View from the Southern Hemisphere……. Please subscribe, rate and pass this video along as quickly as possible. Thank you. Over 90% of America did not want to passage of HR3997. The US Congress was held at “Executive Gun Point” and told: “you either pass this bill or we will declare martial law.” The most painful part of HR3997 is the shift in the final bill. What was the shift? Unbeknownst to the American people, however, is that since September 20th, the $700 billion bailout bill signed into law by their President yesterday was expanded from its original 3 pages to a 451 page virtual novel of new laws virtually enslaving them to the foreign holders of their debt. In addition, there are reports circulating in the Kremlin today are stating that the first deployment of Chinas elite People’s Armed Police (PAP) under an agreement signed between the United States and China, and US Homeowners Soon To Be Evicted By Chinese Police Under New Law HR3997. Even more disturbing, these reports continue, are that these new laws not only give Chinese and European banks control over the mortgage debt of the American people, they now include their credit card balances, and which virtually the entire US populace have indebtedness to. To how utterly chilling this new US law for the American people, titled the Emergency Economic Stabilization Act of 2008, Russian legal experts point out in these reports that: Section 101 (a)(1) establishes what is termed the …

How are dollars backed by the US government? Can the US government simply print more currency?

Thu, 11 Mar 2010 17:26:29 +0000

This bailout is going to send the US government into a deficit in the billions. Is the US government not in control of US currency? Can’t they print more dollars? I know that the gold in Fort Knox is not sufficient to back all currency in circulation. How else is this mighty dollar backed?