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Re: Middle Eastern Powder Keg?

By: DueDillinger in CONSTITUTION | Recommend this post (0)
Wed, 10 Oct 12 6:23 AM | 111 view(s)
Boardmark this board | Constitutional Corner 		Msg. 19805 of 21975
(This msg. is a reply to 19803 by monkeytrots)
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From Zero Hedge today:

Gold In Iran Soars By 23% In One Week As All Currency Transaction Tracking Disappears

Just over a week ago we we were the first to shed light on the reality of hyperinflation on the ground in Iran - and subtley suggested the whole thing could be watched in real-time ( http://www.zerohedge.com/news/2012-10-01/iran-rial-implodes-20-one-day-follow-death-currency-real-time ). Soon after, a mysterious cabal of 16 currency manipulators was arrested ( http://www.zerohedge.com/news/2012-10-04/iran-arrests-gang-16-currency-manipulators ) and the Rial jumped dramatically higher (according to official sources) - as if by magic there was no problem at all. This all sounded a little too good to be true (just like unemployment rates in slightly more controlled economies). Sure enough, by the power of social media, we now know it was too good to be true.

As open-market foreign exchange rates - not just Rial-to-Dollar - have disappeared from the major currency exchange sites, as trade has reportedly slowed to near suspension after the Central Bank 'imposed' a rate of 28,500 Rials to the USD this weekend.

Critically, though, via EAWorldView ( http://www.enduringamerica.com/home/2012/10/9/the-latest-from-iran-9-october-triple-digit-inflation.html#0730 ), while the 'real' rate for the Irainian Rial is effectively blacked out, gold prices continue to soar. 'Old gold coin' is now selling for 16 million Rials, up 23% from the pre-suspension 13 million Rial levels - even as the Central Bank tries to suppress reality (especially to the rest of the world's gaze) as hyperinflation continues - though less transparently.

http://www.zerohedge.com/news/2012-10-09/gold-iran-soars-23-one-week-all-currency-transaction-tracking-disappears

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Increasing wages and prices DO NOT CAUSE INFLATION .... theft does. Re: Middle Eastern Powder Keg?
By: monkeytrots in CONSTITUTION
Wed, 10 Oct 12 3:15 AM 		Msg. 19803 of 21975

It is not surprising that the outbreaks of violence 'line up' with what is euphemistically called 'hyper-inflation'.

This phenom should be called what it really is:

THEFT ON A GARGANTUAN SCALE.

Only those that 'issue' money can steal in this manner.
Calling it 'inflation' obfuscates what is REALLY going on - just adding corn-fusion to the mish-mash.

As I have pointed out recently - the UNITED STATES GOVERNMENT and the PRIVATE BANKS OF THE FEDERAL RESERVE have

S T O L E N . . . 50% . . . F I F T Y . . . PERCENT ... HALF - YES HALF ... 

of ALL the privately held wealth in this country in the past 4 years through this nefarious scheme.


BUT - that isn't the whole story. Since the 'FED' was instituted along with the Income Tax back in 1913 (hat tip, recent Due post) ... THESE SAME BAD ACTORS have stolen ...

OVER 93% of the SAVINGS of the entire United States.

Hyper-Inflation coming ?????

NO - We have been living with it for almost 100 years now. Yes - It is going to go into WARP DRIVE .... but it has been 'hyper' for a very long time.

Oh - The Violence ?

When people are continually STOLEN FROM - they tend to get pretty damned angry - and that goes quickly into violence. THAT is the reason that this theft is continually called 'inflation' ... and blamed on 'other mechanisms' .... not the correct mechanism of 'Printing more MONEY (or today, adding ether-digits)' which steals any wealth you have - both real and fiat.

(Taxes are 'tied' to inflation - so REAL ASSETS - also 'evaporate' - aka. the 'property taxes' and 'personal property taxes' .... yeah, gold bullion can be used SOMETIMES in a vain attempt to avoid that problem - but ole FDR already established the precedent on that. Simply confiscate the gold at artificially low 'fiat dollar' prices. Any way you cut it - fighting for your life, liberty and private property is going to be required - literally and figuratively.)


If it were called what it is, and the SOURCE of the thievery identified ROUTINELY - there would be a hell of a lot of blood already running in the streets.

That time has been delayed for a century - it is coming.

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