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TranceAddict Forums > Other > Political Discussion / Debate > Theory on the falling dollar (not good)
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DJ Shibby
Amphoteric Superbase



Registered: Jul 2004
Location: Of Earthzen and the Therethen

Wow.

If they're actually intelligent and evil enough to come up with such a twisted little scheme, then I think it will be difficult to have hope for the future no matter what currency we use.

Old Post Oct-03-2007 02:58  United States
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

Join these protests, and you can make it clear to these guys that you are fully aware of their agenda, and that you are not just a brainwashed sheep..

http://en.wikipedia.org/wiki/List_o..._demonstrations

Noami Klein makes the general point of view against these guys pretty clear..

http://tranceaddict.com/forums/show...3&forumid=66&s=


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Old Post Oct-03-2007 03:26  Korea-Democratic Peoples Republic
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Q5echo
asymetrical scepticism



Registered: Feb 2004
Location: Dallas

quote:
Originally posted by Krypton
Join these protests, and you can make it clear to these guys that you are fully aware of their agenda, and that you are not just a brainwashed sheep..


so if i join those guys i'm not sheep?

Old Post Oct-03-2007 03:29  United States
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by Q5echo
so if i join those guys i'm not sheep?


The sheep are the people who live in the bubble of life. Work, eat, sex, sleep, repeat, with not a care in the world as to who is in control of the money supply. These guys are not just having these meetings to talk about the good ole days. There is an agenda. The sheep are those who are totally unaware of what is happening.

{{{:"For more than a century ideological extremists at either end of the the political spectrum have seized upon well-publicized incidents ... to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it."

- David Rockefeller, "Memoirs" autobiography (2002, Random House publishers), page 405}}}

http://en.wikipedia.org/wiki/Counci...piracy_theories


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Old Post Oct-03-2007 03:38  Korea-Democratic Peoples Republic
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Trancer-X
mutatis mutandis



Registered: Jul 2001
Location: Shambhala

I think that's what this guy is saying, too...









Old Post Oct-31-2007 07:13  United States
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Fir3start3r
Armin Acolyte



Registered: Oct 2001
Location: Toronto, ON, Canada

Meanwhile, our dollar is kickin' ass and takin' names...

quote:

Loonie hits modern-day high above $1.06 US

The Canadian dollar surged to a modern-day high against the U.S. dollar late Wednesday after the Federal Reserve cut interest rates again and oil prices surged to another all-time high.

In after-hours trading, the loonie went as high as $1.0617 US, eclipsing the previous 50-year high of $1.0614 US set on August 21, 1957.

That's the highest the Canadian dollar has climbed since it was allowed to float in 1950.

You have to go back more than a century to find a time when the Canadian dollar was worth more.

According to a history of the dollar posted on the Bank of Canada website, the U.S. dollar plunged in 1864 as the Confederate Army approached Washington during the U.S. Civil War and the Union government temporarily shut down gold trading.

On July 11, 1864, the Canadian dollar was worth $2.78 US.
Continue Article

"This represents the all-time peak for the Canadian dollar in terms of its American counterpart," author James Powell wrote.

But there is some question about whether the two currencies can be validly compared to each other at that time. The Bank of Canada web site only lists exchange data going back to 1950.

It was just six weeks ago that the loonie reached parity with the U.S. dollar for the first time in 30 years. It's just kept climbing since.

It's risen by 23 per cent against the U.S. dollar since the start of the year.

The loonie's rise Wednesday was again due, in part, to another drop in the worldwide value of the U.S. dollar.

Wednesday afternoon's Federal Reserve rate cut helped to drive down the greenback against most major currencies. It reached a record low against the euro.

Also giving some support to the loonie Wednesday were rising oil prices, a relatively good August economic report for Canada, and the promise of $60 billion in tax cuts over the next five years outlined in Tuesday's economic statement.
Oil hits new record high

Canada's dollar is regarded as a commodity-driven currency that is closely tied to the fluctuations in the price of oil.

So when the latest U.S. oil inventory figures showed an unexpected fall in supplies Wednesday, light sweet crude for December delivery surged more than $4 US to hit a record $94.45 US a barrel.

Earlier Wednesday, Statistics Canada reported the Canadian economy grew by 0.2 per cent in August, topping the 0.1 per growth that had been projected by economists.

Market watchers also said the corporate and personal tax cuts contained in Tuesday's economic statement were stimulative and therefore loonie-positive.


>>Source<<

loonie-positive?
That the new currency catch phrase these days?
How about, "Benjamin bombing?"
On second thought...

/not sure he enjoys journalists who try too hard....


___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."

Old Post Nov-01-2007 01:56  Canada
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Capitalizt
Supreme tranceaddict



Registered: Feb 2005
Location: USA

I can't believe you actually call your currency the "loonie"...and have ducks on your coins.

crazy Canadians..

Old Post Nov-01-2007 01:59  United States
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Trancer-X
mutatis mutandis



Registered: Jul 2001
Location: Shambhala

quote:
Originally posted by Fir3start3r
Meanwhile, our dollar is kickin' ass and takin' names...



>>Source<<

loonie-positive?
That the new currency catch phrase these days?
How about, "Benjamin bombing?"
On second thought...

/not sure he enjoys journalists who try too hard....


That might even have something to do with the fact that you guys aren't running your printing presses at full throttle in order to pay for the War.

If we keep it up at the rate that we're going our fiat dollars won't even be worth a Continental.

http://historywired.si.edu/object.cfm?ID=437

Old Post Nov-01-2007 02:00  United States
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Fir3start3r
Armin Acolyte



Registered: Oct 2001
Location: Toronto, ON, Canada

quote:
Originally posted by Capitalizt
I can't believe you actually call your currency the "loonie".

crazy Canadians..


We have a 'toonie' as well...

I know what you're thinking...but what did you expect from us quirky Canucks?


___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."

Old Post Nov-01-2007 02:02  Canada
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

Anyone that thinks the control of the US dollar is in the hands of a few powerful people really needs to go see a shrink


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Old Post Nov-01-2007 02:02  Australia
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Fir3start3r
Armin Acolyte



Registered: Oct 2001
Location: Toronto, ON, Canada

quote:
Originally posted by Trancer-X
That might even have something to do with the fact that you guys aren't running your printing presses at full throttle in order to pay for the War.

If we keep it up at the rate that we're going our fiat dollars won't even be worth a Continental.

http://historywired.si.edu/object.cfm?ID=437


I stand by my American-Peso thread from earlier...

Wasn't the American dollar just taken off a market as a measure of value somewhere?
Might have been a few months ago...


___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."

Old Post Nov-01-2007 02:05  Canada
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by pkcRAISTLIN
Anyone that thinks the control of the US dollar is in the hands of a few powerful people really needs to go see a shrink


Um, it is. It's called banks and governments, run by a relatively few. Whether there is a conspiracy to control the US dollar is a topic of debate. I am not saying that it is so, but obviously, I have my questions and speculation.


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Old Post Nov-01-2007 02:14  Korea-Democratic Peoples Republic
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