Researching Point Omega » Federal Reserve http://blog.omega-research.org Where are we going? Where from? Thu, 01 Apr 2010 15:28:49 +0000 http://wordpress.org/?v=2.8.1 en hourly 1 Prices going up or Dollar going down http://blog.omega-research.org/?p=53 http://blog.omega-research.org/?p=53#comments Tue, 18 Mar 2008 12:18:36 +0000 halfgaar http://blog.omega-research.org/2008/03/18/prices-going-up-or-dollar-going-down The Dollar isn't doing very well. Everybody will have noticed that it's decreasing in value very rapidly. The Federal Reserve is inserting billions of dollars trying to prevent the system from collapsing, but are they really doing us a favor? The simple answer is no. Creating more more out of thin air, because that is what they do; they print it, devaluates the Dollar. And this isn't going to last.

For now, the decrease in value of the Dollar seems beneficial for people living in Europe, for example, because one Euro buys more and more Dollars, but in the long run, if the Dollar falls, the Euro will too. In part because the Euro is based on the same paper money as the Dollar.

Awareness of this money crisis is important, because it's causing you to loose your freedom. In the US, it's becoming more and more common to need two jobs to make a living. Where I live, the Netherlands, you used to be able to support a family with one middle-class income. That's not possible anymore.

You may want to consider investing in gold, silver, or other similar natural resources. I've started to consider it.

I'll let presidential candidate Ron Paul explain it in detail, which he does much better than I:

And again in Congres:

Take control of your money back. Gold certificates (our money) is supposed to keep the government in check, not the other way around.

]]> http://blog.omega-research.org/?feed=rss2&p=53 6