Thursday, November 7, 2013

11-7-2013 Breitling

11-7-2013 Breitling
if you look at How Iraq is Treating it’s currency domestically and it policy for it’s foreign reserve, and you have taken a honest look at it, deemed it worthy of risking your hard earned money, and you tell yourself it will work. Then you can understand what the United States is doing with its currency. Increase the money supply, rebuild the economy cheap, and globalize the currency through the process of self depreciation. If one was to look at the policy of both countries you can see it is a mirror image as far as policy goes

Only difference Iraq’s currency is backed by gold, oil and a massive foreign reserve, the US dollar is backed by zero pure supply X velocity, makes you think.