WSJ: Capital Drain Promises More Pain for Dollar

10-16-2009 • Commodity Trader Alert

The numbers traditionally haven’t enjoyed much market attention, but that’s changing given the recent decline of the dollar.

If the U.S. is losing capital, it suggests the dollar will weaken further or interest rates will rise significantly, or both,

1 Comments in Response to WSJ: Capital Drain Promises More Pain for Dollar

Comment by jimbo

Entered on: 10/17/2009 5:35:11 PM

NOTHING WILL EVER BE DONE TO STOP THE DEVALUATION OF THE AMERICAN DOLLAR UNTIL THE ILLGAL BANKING SYSTEM, THE FEDERAL RESERVE IS CORRECTED, AND THE UNITED STATES CURRENCY IS AGAIN UNDER THE CONSTITUTIONAL CONTROL OF THE CONGESS WHERE IT BELONGS. THE FEDERAL RESERVE IS NOT A UNITED STATES BANKIING SYSTEM IT IS A PRIVATE, PRIVATE BANKING SYSTEM OPERATING WITH FIAT MONEY. THE U.S. TAXPAYERS ARE PAYING INTEREST FOR THE USE OF THEIR OWN MONEY VIA THE NATIONAL DEBT. TAXES ARE BAD TO BANKRUPT AMERICA BUT INFLATION IS WORSE, ENDOWED BY THE FEDERAL RESERVE IN THE PAY OF THE NEW WORLD ORDER.

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