Saturday, August 1, 2009

dollar down, pound gets pounded



Sad truth is that our green pieces of paper are losing value at an accelerating rate. This is no joke. Where are we going to pay out gov debt - answer is print more money.

Rather that wake up to reality our politician prefer to live in dream land. People, as we print more paper, its value goes down. Actually, in the last century the dollar lost 95% of its value.

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