True.  Anyone have guesses as to why the dollar is being devalued?

Money is an idea.

Money is what ever people believe has value, so use it while there is still belief in it for durable goods, tools, food, and education (as to how to use tools, grow food, and be economical with what you have).

If you are hungry and cold no amount of gold will warm or feed you unless someone wants that gold because other people want gold as well.
But if everyone is hungry and cold no amount of gold will buy food and warmth.

If you're looking for a long range investment strategy look at "seal-a-meal" vacuum packaging systems, how to use 5 gal buckets as inert gas (CO2 or N2) bulk grain containers, how to make jerky or lard meat for storage, how to can fruits and vegetables, etc. as even if there are not shortages of food you can still use your investments to feed yourself and your family.

Also think about cases of disposable lighters, chapstick, aloe plants, knives, aspirin and other kinds of medicine with long shelf lives, Anbesol (or oil of cloves) and soft wax for dental, vegetable (I prefer olive) oil, peanut butter, vitamin C, canned tuna fish, cotton balls, paper with large rag content,  etc.

Things you use every day and think of having little value suddenly become priceless when the store isn't there anymore (or you can't afford to go there). 

Worth the read if you've followed any of the discussion on this thread.
http://inflationdata.com/inflation/Inflation_Articles/The_calm_before_the_Inflation_Storm.asp
.

@ATT
You're right, it's a good article, with links to others just as good.

We're running out of time on the economic bandwagon, until people lose confidence in the banking system.

After that, it's everyone for himself.

--Lee

These two guys will get right down to the very core of how things have been set up, and how this impacts on the economy and essentially every aspect of your life.


" 1. You are legally a debtor and chattel (property) owned by a hidden creditor.
2. There is a hidden lien on everything transacted for by or with a Federal Reserve Note.
3. Your entire alleged wealth is/has been liened, you don’t own anything! You merely have possession by privilege. This privilege may be yanked at any time if you don’t obey the real owner.
4. The Federal Reserve Note is a foreign product owned by a foreign corporation, and not by you or the U.S. government
.5. The States and the United States courts are bankruptcy courts representing the interests and property of the foreign creditor.
6. Without knowing it, you have been compelled into international commercial law, where you have none of your unalienablerights. Hence, you have been insulated from your birthright, the common Law from which your rights are immutable
7. You are charged an income (excise) tax for transacting in the foreign commodity known as Federal Reserve Notes.
8. You have been divested of the rights to, value of, and profits from your labor, which has been stolen.
9. Lawful gold coin (pre 1933) money transactions are invisible to the states and national government(s).
10. The real cause of draconian governmental regulation and your loss of rights is the toxic currency.
11. The United States lost its sovereignty in 1933. It is in receivership to the hidden creditor. The bankrupt government is a puppet to the real master, as declared by Banker Rothschild on the cover.
12. The real cause of the current economic calamity is the toxic currency.
13. The hidden creditor (international bankers) owns everything, including you.
14. You have been living within an illusion, believing that you are free, but in reality you are owned! "

http://www.newpeopleorder.com/links.html


I hope this gives you a deeper perspective, it certainly gave me a clearer picture.

In all honesty, I will have to listen to them speaking a few more times before the whole I fully understand the ins and outs of it.

Regards...

'They own it all including you' by Rowen and MacDonald,
and 'The Creature from Jekyll Island' By G. Edward Griffin' is well worth checking out.

There's also an informative DVD called the Money Masters (www.themoneymasters.com) which shows how this all started and the Rothschilds began their controlling foothold on the economy. The early gold traders didn't have enough gold on deposit to meet the demand, so they got the idea of issuing slips of paper instead... now we have fractional reserve lending where banks can lend out 10 times what they have on deposit.

Peanut-Butter Jelly!

http://www.fool.com/investing/general/2009/12/11/the-future-of-gold-the-dollar-and-more.aspx

http://www.fool.com/investing/general/2009/12/11/bailouts-gone-astray.aspx

just some articles i ran across.

Please try to understand the bigger picture. The American economy or all other nations is not going to improve.

What happens, all the bankrupt nations will have to borrow money from the world bank. I don't know where the world bank will get all that money from but, the way it goes, the borrowers will not be able to pay their debt so, they must surrender their resources to world bank so that it can recover the debt. In the case of Iceland I guess they lost all their own mineral rights. Other countries have oil, ( UAE may go that way ), water, health and education system and other public services. You can see how devious this system is. Ultimately, governments will make their own citizen the slaves of who ever own the world bank.

The stupidity of it all is non of the f**kers ask where is the world bank going to get its money from. Just like the federal reserve in US.

an economic collapse is inevitable.
primarily because the "leadership",
does not have enough wisdom,
to fix even basic problems.

their inability,
combined with their inability to admit that they make mistakes,
let alone fix their own mistakes,
makes an economic crash,
the only "allowed" outcome.



the current socio-economic condition is poisonous.

it is toxic to our environment,
our quality of life,
and our evolution as a species.



within a few years of the crash,
the quality of life will be several times higher,
than it is now.

because we will have a lot more free time,
a lot more freedom,
a lot more self-actualization,
a lot less stress,
and a future that WE actually choose.

and that is WITHOUT any of the supressed technologies.
WITH the supressed technologies, it will be several times better yet.



we will still have problems.
we will still want for more.

but compared to this fool-spawned nightmare,
the several times estimate, is very accurate.

@nitinnun
With respect to Replies # 297 & 298,

Interesting choice of communication.  Unique, really.

I agree with your prose poetry in the stanzas you deliver.   

I've traced my ancestry back to China through a tentative line of male ancestors from Attila the Hun. 

China is as you say.  They have a lot of evolution to negotiate in the future before they can settle down to a more civilized existence.  Their leaders are fairly simple to figure out since they usually act in predictable ways.  The Chinese peasant people aren't so bad.  They think about survival and how money can help them achieve that, but then so are many other people, even Americans.

But, I agree with you in the most part.  Their leaders will suffer like the rest of the warmongers who act like them.  It's just a matter of time.

--Lee