Dr. Jim Willie: The Dollar is Dead! Even Mainstream Media Realizes it!

global_economic_collapse_thumbIn the video below, Dr. Willie explains something that a recent article below by Michael Snyder points out as well. People are are finally catching on to the fact that QE (Quantitative Easing) and ZIRP (Zero Interest Rate Policy) are NOT stimulus agents to the US economy, or anywhere else they are being employed, but rather they are a death sentence to the U.S. economy, and the economies whose central banks are employing the tactics, which is almost everywhere. Dr. Willie explains that the Fed is in a real jam. The Fed is completely stuck because it has to employ the global financial derivative machinery, but unfortunately, there is nowhere near adequate demand for Treasury Bonds, so to compensate for that, the Fed keeps printing more money, and in effect “monetizing the debt.” For more on the subject, Dr. Willie has covered more than once how the US Dollar is now being manipulated through a top secret fund know as the Exchange Stabilization Fund, because the US Dollar is now deemed a matter of national security by the US Government. Read Article

Categories: Banks-Bankers, Global Crisis, Global Economy - Markets - Finance, United States of America - USA

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