SHOCKER: Fed set to print $1.45 TRILLION
Martin D. Weiss, Ph.D.
It’s starting to look like the Fed’s going to need a skyscraper-full of new printing presses ...
In a statement released yesterday, the Federal Reserve said,
“To provide support to mortgage lending and housing markets, and to improve overall conditions in private credit markets, the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.”
That’s a total of $1.45 trillion! Where’s the Fed going to get the money? Simple: They’ll have to PRINT it — create it out of thin air!
Plus, even former Fed Chairman Alan Greenspan is beginning to panic about the dollar’s decline, warning that total U.S. private and public debt — now at 84% of GDP and still soaring — is “very dangerous” and threatens both long-term Treasuries and the dollar.
Thank you, Mr. Greenspan!
I couldn’t have said it better myself!
This is precisely what I’ve been warning you about: Bernanke’s secret war on the dollar. One of the greatest explosions in the supply of unbacked paper dollars in history.
The really bad news? Bernanke’s inflationary chickens are just BEGINNING to hatch. History shows us that it takes months — sometimes years — for the full impact of an explosion in the money supply to be felt.
That means you can look forward to many more months of a collapsing dollar ... and many more months of evaporating buying power.
I’m FED UP with Washington’s callous war on the dollar
— and at 2 PM on Tuesday, October 6,
I’m going to help you DO something about it!
The good news is, if you make the right moves beginning immediately, you still have time to shore up your financial defenses. You can shield yourself, your family, your savings and your investments from disaster as this great dollar decline slashes the value of your money.
More than that: There are many ways to harness this historic convulsion to keep your wealth growing.
That’s why I will be presenting a complimentary online seminar entitled “Washington’s Secret War on the Dollar: Protect Yourself and Profit” — on Tuesday, October 6, 2009.
My mission is clear: To help make sure you have the knowledge and the specific recommendations you need to insulate your wealth and to keep it growing as this great dollar disaster unfolds.
This online briefing is absolutely free for you — part of our ongoing commitment to help you sidestep emerging hazards to your wealth and profit no matter what the economy throws at you next.
I’ll give you the clear, concise, unhedged answers to your most pressing questions about this crisis now.
Right off the bat, I’ll give you my shocking update on this great global war on the value of the dollar ...
- Why the REAL national debt is more than EIGHT TIMES GREATER than Washington claims: Why the full weight of our debt addiction is beginning to hammer the dollar NOW ... and why our leaders have no choice but to slash the dollar's value in sheer self-defense.
- Why the world’s governments, central banks, financial institutions and super-rich investors are fed up with Washington ... why increasing numbers don’t want to touch the dollar with a ten-foot pole ... and what they’re doing to protect themselves at YOUR expense.
- What the news media isn’t telling you about Bernanke and the dollar: And how global plans to stop using the U.S. dollar as a safe haven or for international trade will impact your buying power and standard of living.
- What’s the next shoe to drop in this great global war on the dollar? Could the G-20 be secretly scheming right now behind closed doors to accelerate the dollar’s plunge? (My answer is admittedly outrageous and has tremendous implications for your financial security!)
- Critical steps you should be taking right now to protect yourself from this great dollar disaster: PLUS, the three investments that are most likely to preserve your wealth as the greenback continues to plunge in value worldwide.
- SEVEN often-overlooked investments that are the most profitable way I know to harness this massive, long-term dollar decline: I’ll show you what to buy ... where to buy it ... and when!
The Title:
Washington’s Secret War on the Dollar:
Protect Yourself and Profit
The Date:
Tuesday, October 6, 2009
The Time:
2 PM, Eastern time
(11 AM Pacific, 7 PM GMT)
The Price:
FREE
Here’s how you can help me help you:
FIRST, click this link to reserve your place at Washington’s Secret War on the Dollar and to make sure you get your instructions for attending in time.
AND SECOND, click this link to jump over to my personal blog. Tell me what you’re most interested in hearing from me during this all-important online seminar. I’ll do my level best to make sure you get the answers you need!
Together, we can get you through this with your wealth intact and growing. You have my promise that, for our part, we will do everything possible to make sure you and your family are among the survivors and actually grow your wealth as this crisis continues to unfold.
Best wishes,
Larry Edelson
P.S. You have our permission to invite your family and friends to join us! Washington’s Secret War on the Dollar is being created as a major part of our commitment to help YOU protect yourself and profit in these treacherous times. But if you have friends or family you trust and who need help insulating themselves as the dollar declines, you have our permission to forward this invitation to them.