Wednesday, April 20, 2011
Ben Bernanke i.e The Federal Reserve is intentionally trying to devalue the US dollar to make exports cheaper to other nations which is the bread n' butter of American companies since consumers in the US are too cash-strapped to make a dent in GDP.
This preface is important so you can really understand the following...
$6 Gas? Could Happen if Dollar Keeps Getting Weaker (CNBC) -- "With the greenback coming under increased pressure from Federal Reserve policies and investor appetite for more risk, there seems little direction but up for commodity prices, in particular energy and metals. Weakness in the US currency feeds upward pressure on commodities, which are priced in dollars and thus come at a discount on the foreign markets. One result has been a surge higher in gasoline prices"
The simple way to put it is your government is sabotaging you at the gas pump for the benefit of corporations and cockroach investors... The US economy is being systematically destroyed from within, and if you do not yet understand this, by summer you will.
Posted by Susquehanna at Wednesday, April 20, 2011