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  • It’s Time to Play TAPS For the US Economy

    by Founder on December 23, 2008

    in Voice of the People

    Let’s try looking at this rationally, while all aspects of our economy turn sour – the wonderkins in charge decide that the best way out of this mess is to print as much money as is needed – to provide “liquidity” to the financial markets. Who actually thinks this is a viable plan? Or is it the desperate fumblings of incompetent fools? Common sense clearly shows that it is the latter.

    The seeds have been sewn for the complete unraveling of our economy and our way of life over the next 12 months. For example, a corporation issues 10 million shares of stock and the stock has a value based on the fact that there are 10 million shares outstanding. What happens when the company decides to issue 5 million new shares of stock? Do you think the price will stay the same when the market opens the following day? Clearly, investors realize that the shares have been diluted by 50%! What is different about issuing trillions of new dollars into the economy? Doesn’t it clearly follow that the value of each dollar has been reduced? The answer can only be yes and our economic deterioration will gain momentum – once all that money works it’s way into the system.

    Prepare yourself and your family for what is to come and stand up and be heard.

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