Four Reasons Why The Government Is Destroying The Dollar

Thursday, July 26, 2012
By Paul Martin

BY DANIEL AMERMAN CFA
FinancialSense.com
07/26/2012

[Please note: The following timeless article originally appeared January 2011]

Overview

The United States government has four interrelated motivations for destroying the value of the dollar:

1. Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels in excess of those seen in the US Great Depression of the 1930s.

2. It is the weapon of choice being used to wage currency war and reboot US economic growth.

3. It is the most effective way to meet not just current crushing debt levels, but to deal with the rapidly approaching massive generational crisis of paying for Boomer retirement promises.

4. Political survival and enhanced power for incumbent politicians.

The Rest…HERE

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