[quote=Aecetia]I think that has been the plan all along, to devalue the dollar which would stimulate trade and lower the cost we repay the dollar in. The losers are the few in this country who actually save or those who live on a fixed income. When inflation hits, that’s a whole new story, but that can be another thread. Gold, silver, guns and ammo., especially before ammo. gets even more scarce. And if you are TG, you also stock up on beans.[/quote]
A, Jim Rickards was interviewed on CNBC a couple of weeks ago and laid out pretty much what you are saying here. I actually can’t believe they even let this guy on camera. Essentially, the U.S. was *appointed* to carry the load (i.e. fuel global growth) for the past 50 years, and the only means by which to do this was to devalue our currency over time and gradually impoverish our citizens. Our elected leaders always knew the day would come when our ability to fuel growth would end, and the U.S. will now be pushed into a corner and our dollar will be drastically devalued while the IMF and other world organizations now assume that role, which is one reason why China has been pushing hard for the use of SDRs. The whole New World Order concept that conspiracy theorists cling to may stem from this effort to pass the mantle from the U.S. and kick it up to the next level, i.e. global governance on an economic, political and military level. Rickards believes that there is probably no country large enough to assume the U.S.’ economic role, so that role will have to be assumed by a coalition of countries. Not saying I agree with him, but it’s an interesting proposition.
Anyway, it’s a great video, and I highly recommend watching it. The petrified look on the faces of the two anchors interviewing Rickards at the end of the segment is worth the price of admission alone.
And regarding ammo: I’ve been hearing the same thing in LA. A friend of mine went to my favorite gun shop the other day and could only get 200 rounds of 9 mm. They apparently haven’t had a new shipment in a while. She eventually found some after making a few calls, but this would have been unheard of a couple of years ago.