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Will the Dollar Crash in 2014?

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September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
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http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
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September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Mark
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« on: January 01, 2014, 05:56:51 am »

Will the Dollar Crash in 2014?

Everyone’s talking about Quantitative Easing, and the famed “taper”. Smart people have claimed that it’s “the end of QE”, when with just a glance, you realize that it’s just a slow down of QE: I mean really, the Fed is still printing—it’s now printing “only” $75 billion a month, down from the previous $85 billion a month. Not much of an end, hmm?

Anyway, along with claiming that the end of QE is well nigh here, people have been claiming that QE worked: That all those heroic measures to get us out of the 2007–‘09 recession got the job done and put the American economy on the road to recovery.

Oh really . . .

I’ve never been one to approve of measuring the health and growth of an economy by way of gross domestic product. But for the sake of this piece, let’s look at GDP, shall we? Here is a chart of the last eight years:

rest: http://wealthydebates.com/will-the-dollar-crash-in-2014/
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Psalm 51:17
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« Reply #1 on: January 01, 2014, 09:39:55 am »

Wouldn't surprise me if the day the dollar crashes will be the day of the RAPTURE! Smiley
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« Reply #2 on: January 29, 2014, 02:03:37 pm »

U.S. Federal Reserve cuts stimulus as expected
http://finance.yahoo.com/news/fed-poised-10-billion-taper-bernanke-bids-adieu-060550127--business.html
1/29/14

WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday announced a further $10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down its extraordinary stimulus despite recent turmoil in emerging markets.

Fed Chairman Ben Bernanke, who hands the central bank's reins to Vice Chair Janet Yellen on Friday, also adjourned his last policy-setting meeting without making any changes to the U.S. central bank's other main policy plank: its longer-term plan to keep interest rates low for some time to come.

In a statement after the two-day meeting, the Fed said "economic activity picked up in recent quarters," and largely shook off a surprisingly soft reading on December jobs growth.

"Labor market indicators were mixed but on balance showed further improvement," the central bank said.

Losses in U.S. stocks deepened after the announcement, while U.S. government debt prices rose, with yields on the benchmark 10-year note hitting the lowest level since late November. The dollar rose against the euro, but fell against the yen.

"The Fed's action today represents a continuation of its resolute determination to end (bond purchases) during 2014," said Daniel Alpert, managing partner at Westwood Capital in New York. "The policy has hit its 'sell by' date."

Importantly, policymakers stuck to their promise to keep rates near zero until well after the U.S. unemployment rate, now at 6.7 percent, falls below 6.5 percent, especially if inflation remains below a 2 percent target. Some analysts had speculated the Fed could alter this guidance, given how close the jobless rate now is to the rate-hike threshold.

The decision received unanimous backing from Fed policymakers. It was the first policy meeting without a dissent since June 2011 - a nice sendoff for Bernanke.

The Fed said it would buy $65 billion in bonds per month starting in February, down from $75 billion now. It shaved its purchases of U.S. Treasuries and mortgage bonds equally.

A report earlier this month showed a surprisingly sharp slowdown in job creation in December, but other economic signals - from consumer spending to industrial and trade - suggested the recovery closed out last year on solid ground.

The Fed launched its current round of bond purchases in September 2012. Last month, it decided to begin tapering the program, and the recent signs of economic health had led to a widespread expectation of a further reduction.

Indeed, the Fed's statement closely tracked the one it issued after its December 17-18 meeting, when it announced an initial $10 billion cut to the program.

At the time, Bernanke said the Fed would likely continue to taper the purchases in "measured" steps until the program was shelved later in the year, as long as the economy continued to heal.

A selloff in emerging market currencies and stocks in recent days, along with the disappointing December jobs report, had led some to speculate that the Fed could put its plans on hold.

The meeting was Bernanke's last before Vice Chair Janet Yellen moves into the top spot.

He took the Fed far into uncharted territory during his eight years on the job, building a $4 trillion balance sheet and keeping interest rates near zero for more than five years to pull the economy from its worst downturn in decades.
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