THE NEW GLOBAL CURRENCY AND THE VALUE OF EVERGREEN COLORADO REAL ESTATE
In the last two blogs we spoke about discounting and the insidiousness of government’s systematic plan to inflate the dollar. Today let’s talk about the reaction to the administrations carefully devised plan.
Many of the oil producing countries have refused to accept the dollar as payment for their oil. China is outraged at the Obama deficit spending and the Feds multi-trillion dollar spending debacle. The Chinese want the US to pay them the trillions we owe them with real money – not inflated money. They have consulted together with the international community and have devised a plan to escape the inflationary discounting of America while still allowing the US government to inflate away the wealth of the US citizen.
Their solution is a global currency, issued by the International Monetary Fund that will index every national currency to the IMF’s money and thereby require the US to pay its debts by adjusting the dollars upward until the Federal Reserve’s spiraling inflation is covered. It has been reported that at the last G20 summit in Pittsburgh the Obama administration has agreed to this plan.
This solution will allow the Government to deflate the dollar by 100% in the next ten years and thereby pay for health care with the currency value, or buying power, that is inflated away from the American citizen. This is the ultimate result of Keynesian economics. The new currency is the IMF’s SDR and you will be hearing much more about it in coming financial news. Know this for certain as the SDR’s value increases against the dollar your wealth, your dollars, and your buying power will be vanishing.
Please give us a call. We are MARK ENGLISH REAL ESTATE and we are professional EVERGREEN COLORADO REAL ESTATE BROKERS. We have the experience and know how to protect You and Your financial assets. We are also an EVERGREEN COLORADO CUSTOME HOME BUILDER and can represent you in every transaction from land purchase to complete home. Contact us at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com. We are now offering FREE BUYER INCENTIVES for all our Real Estate and Mortgage customers, so please register on our web site.