June 10, 2009
How long would it take to count to ONE TRILLION?
Just how much is that, anyway? How long would it take to count to just ONE trillion? You couldn't count to one trillion in your lifetime, no matter how old you are now. The answer: It would take 31,700 years to count to ONE trillion.
If one trillion dollars were stacked, they would reach 68,000 miles high.
The United States is in debt by a staggering ELEVEN trillion dollars.
June 9, 2009
US money supply doubled in one year! Hyperinflation?
In May of last year the U.S. money supply stood at roughly $834 billion. Now, a year later, the Federal Reserve has created an additional $941 billion out of thin air. Pay close attention to those numbers…
* The amount of new money the Fed has created is roughly $107 billion more than all the money that was in circulation just a year ago
* In other words, the U.S. money supply has more than doubled
Think about what this does to the value of your dollars, to your savings, to your paycheck, to your retirement income? A doubling of the money supply means your money is worth half what it was.
Of course, your money’s loss of value won’t manifest itself overnight. It will take time for the Fed’s counterfeiting to drive up prices. But those who get the new money first will be able to spend it while prices are still low, increasing their wealth at your expense.
The Federal Reserve, as you might expect, promises that prices won’t rise. They claim they’ll withdraw their counterfeit money before that happens. Do you feel comforted? Should we really believe that…
