Our American dollar

The Fed has printed up nearly $2.5 TRILLION in new money out of nothing. Throughout its history, the U.S. government has never abused its money printing power like it is now. Even Y2K and the terrorist attacks of 9/11 are just tiny blip.  I am still surprise that the government have not devalue the American dollar.  This country is so much in debt that there is no way we will ever see a balance budget in our life time.

• A World Bank report shows that global food prices have risen 36% in the last year.
  
  
• The price of gas has hit $5.00 a gallon at some stations in Washington, D.C.
  
  
• The U.S. dollar has already lost HALF its value against other sound currencies, such as the Swiss Franc.
  
  
• The price of gold just hit an all-time high at over $1,500 an ounce.

Edmund King