US Currency Is In Danger! The Fed Is Still Printing 10’s Of Billion Each Month, Foreign Governments Are Dumping T-bills Like Crazy. USD Is Also In The Process Of Losing Status As Reserve Currency
The collapse of the USA and the dollar has all been planned, the one world government is waiting in the wings and the recent digital currency phenom is the future. It may not be bitcoin but a one world digital currency is coming just as sure as anything you’ve ever known.
I think the point is the government…the elite…Obama wants to destroy Americas from within.
To destroy the dollar will make America crumble into little pieces.
I honestly cannot even imagine it.
It’s already been in the works since Bush’s administration. Check out this vid:
Federal Reserve prolongs stimulus
Call it QE-Indefinitely.
There’s still no end in sight for the Federal Reserve’s stimulus program — known as quantitative easing — after the central bank met this week and decided to continue buying $85 billion in bonds each month.
International Investors Dump $40.8 Billion in Treasuries, the Most Ever
Did you hear the news out of the Treasury Department this morning? It was an absolute disaster for the bond market — and for good reason:
Foreign holders dumped a whopping $40.8 billion in long-term Treasuries, the biggest exodus from bonds in the history of the U.S.
Worse, June was actually the third month of mass dumping in the past four, for a total of $79 billion. China, the biggest holder of our bonds, unloaded $21.5 billion, while Japan, the second-largest holder, dumped $20.3 billion.
The chart below says it all. The spikes on the right display the selling.
China Announces That It Is Going To Stop Stockpiling U.S. Dollars
China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States. The central bank of China has decided that it is “no longer in China’s favor to accumulate foreign-exchange reserves”. During the third quarter of 2013, China’s foreign-exchange reserves were valued at approximately $3.66 trillion. And of course the biggest chunk of that was made up of U.S. dollars. For years, China has been accumulating dollars and working hard to keep the value of the dollar up and the value of the yuan down. One of the goals has been to make Chinese products less expensive in the international marketplace. But now China has announced that the time has come for it to stop stockpiling U.S. dollars. And if that does indeed turn out to be the case, than many U.S. analysts are suggesting that China could also soon stop buying any more U.S. debt. Needless to say, all of this would be very bad for the United States.
For years, China has been systematically propping up the value of the U.S. dollar and keeping the value of the yuan artificially low. This has resulted in a massive flood of super cheap products from across the Pacific that U.S. consumers have been eagerly gobbling up.
The US Dollar Has Just Lost The Reserve Status
The US dollar is now in the process of collapsing. It will eventually lose the reserve status of the world. China has taken the first step to remove the US dollar as the reserve currency by broadcasting to the world that it does not see the benefit of holding the dollar any more. China decided to take it one step further by saying that they may price crude in the yuan. The central bankers/US Government are pushing the false flag event and are preparing for what is about to hit every American. This event will be much worse than 911, it will be so horrific that people will be crying in the streets.