Monday, April 11, 2011

Wedneday the 13th at 6:30pm at Mavis Winkle's in Independence is game night. This is our new location for the Rich Dad Poor Dad game Cash Flow. This is your chance to have fun and get out of debt! Doubt it? Come check it out for yourself. You won't look at money the same way again. http://sntk.in/1dl

Friday, April 1, 2011

Economic Weather Report 4-1-2011


Economic Weather Report 4-1-2011                                                 Jeff Kanter reporting

Timely synopsis of the news just passing that impacts either your financial future or your liberty

What is happening with the dollar?

3/24/11  Not even mentioned in h\the mainstream press: As Adjusted Monetary Base Rises By Half A Trillion In 2011, Treasury Runs Out Of Debt Ceiling Delay Measures

http://www.zerohedge.com/article/adjusted-monetary-base-rises-half-trillion-ytd-treasury-runs-out-debt-ceiling-mitigation-mea

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3/22/11  Fed’s Fisher: US Faces ‘Painful’ Choices to Avoid Insolvency 

The United States is on a fiscal path towards insolvency and policymakers are at a "tipping point," a Federal Reserve official said…
http://www.moneynews.com/StreetTalk/Fed-richard-Fisher-US/2011/03/22/id/390315
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3/17/11  Internationally renowned investor Jim Rogers sees a decline in the dollar to historic "multi-multi decade new lows" as a long-term inevitability, but says the time frame for a collapse in the greenback may be sooner than previously thought.
"Somewhere along the line we're going to have a tipping point for the dollar, then it's all over," he offered. "I thought it would happen in a few years; maybe it's going to happen in a few weeks."
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3/17/11  I Think Today Is The Day The Dollar Breaks Down

…Federal Reserve also recognizes that if they raise interest rates, the Federal government would not be able to finance itself—in other words, the Federal government will go broke if the Fed raises rates.

This is really the crux of the matter: The Federal Reserve is in a position where they realize that if they raise rates, they bankrupt the Federal government. So they have to stand pat, and pretend to the public and to themselves that there is no inflation, it’s all just a mirage.

3/17/11   Manic dollar watching - As predicted last time, the "bounce" the dollar got was the size of a worn-down speed bump, nothing else. We are now gunning for the lows from 2009, and then the lows of 2008 in short order.

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3/29/11 The US dollar has Cancer

This is not going to be pretty. When it happens, it is not going to be good for most people. It's only going to be good for a few.  Historically this has happened throughout pockets of the world. Weimar Germany and recently Zimbabwe are two obvious examples, but in these particular currency crisis, the US dollar was a way out. This upcoming monetary crisis will be different. 
This time the world reserve currency, the US dollar, has the illness and the US dollar has terminal cancer and its illness is spreading to every single fiat currency the world over.
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If the dollar is in crisis, what comes next?
3/16/11  Tsunami of Inflation to Hit U.S. with Japan Crisis

The earthquake, tsunami, and nuclear disaster that hit Japan this past week and the destruction that it caused is nothing compared to the tsunami of inflation that will soon hit the U.S. as a result of this crisis. A tsunami of inflation in the U.S. will mean a complete collapse of our monetary system, which could lead to millions of deaths due to a lack of food and heat. 44 million Americans are now dependent on food stamps, but when the U.S. dollar becomes worthless as a result of hyperinflation, the government will no longer have the power to support these Americans and many of them will simply starve to death.
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3/16/11 Wholesale food prices spike highest in 36 years
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3/27/11 Gerald Celente: Gold, guns and getaway plans.
The government and the power elite are out of control. The president rips up the constitution to start another war, and the American boobeosie sit back and watch TV. Wall Street and the big banks rip us off, and Boobus Americanus eats more junk food. But ignoring the criminals who are ruining the entire West with their monetary Ponzi scheme is hardly a cure.

1837!  Maybe we should have listened!  From President Andrew Jackson’s fairwell address