Wednesday, February 15, 2012

The Federal Reserve’s Explicit Goal: Devalue The Dollar 33%

For those who can, please consider physical gold and/or silver as a hedge right now. I don't know about the rest of our readership, but even going into a "big box" store these days has its moments of "sticker shock" when purchasing essentials.

It is painfully obvious that the Fed has decided to absolutely destroy the value of the US dollar, which means that every American who dutifully saved over the years to have some kind of "nest egg" focused on savings in US currency is seeing the absolute destruction of that savings through inflation and the deliberate devaluation of the dollar.

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