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alstry (35.40)

Will Dollars Be WORTHLESS!!!!

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April 09, 2010 – Comments (3)

OIL HITS RECORD $9 A GALLON IN UK...

Intentional debasement of the currency used to be punishible by death in America.

You were warned that if the Fed kept printing money simply to pay government workers and massive Wall Street bonuses......America would get Zombulated.

Not only that, by cutting off credit to the private economy, it would destroy the private economy cause it to fall into a depression.

Now that tax receipts have evaporated due to a massive depression in the private sector....the Fed is being forced to print even more money further diluting our currency day after day.

If you pour more water into a glass of orange juice, it does not give you more juice, simply a bad tasting diluted drink.  If you pour enough water, your juice essentially evaporates and all you have left is water.

You have been warned by Alstry that if we didn't stop the Zombulator.....the world as we know it would come to an end.

By destroying the private sector, cutting off interest to savers, and providing practically unlimited capital to Wall Street and Washington......we are well on the way to destroying America as we know it.

Now, if you don't think that getting paid zero percent on your savings and paying $9 per gallon gas is confiscating your assets.....you are not thinking.

Now imagine paying $90 dollars per gallon or $900 per gallon......it may not be as far off as you think.

3 Comments – Post Your Own

#1) On April 09, 2010 at 8:15 AM, jdlech (< 20) wrote:

$9 per gallon?  A virtual inevitability.  Inflation figures alone guarantee that gas will merely wave goodbye as it passes that figure by.  In 2000, we groused about a buck and a quarter.  Ten years later, we would be elated if it ever dropped down to double that.  In 2020, $9 should be the norm - especially if the economy fully recovers.

You do realize that gasoline once sold for a mere five cents per gallon, right?  Bread was once more expensive than gas.

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#2) On April 09, 2010 at 8:25 AM, alstry (35.40) wrote:

THE BIG DIFFERENCE NOW......

In the past, wages rose, a second spouse went to work.......FAMILY incomes increased with historic inflation in America......now incomes are actually declining in the face if rapidly rising health care, food, fuel, and tax costs.

This is Zombulation my friends....and it is now hitting the shores of our nation.  As fewer and fewer will be able to afford to pay taxes.....more and more will be forced to hand over what they have to keep the country running.....even if it a country not like the one we knew.

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#3) On April 09, 2010 at 8:46 AM, alstry (35.40) wrote:

YIPEE!!!!  KEEP PUMPING JUNK INTO OUR RETIREMENT ACCOUNTS!!!!

April 9 (Bloomberg) -- Junk bonds are making up the biggest share of corporate debt sales on record as investors wagering on an economic rebound snap up securities from even first-time issuers.

Global high-yield bond sales hit $91 billion this year, or 12 percent of total issuance, almost double last year’s share, according to data compiled by Bloomberg. Yields on the debt fell to within 5.83 percentage points of Treasuries this week, about the lowest since December 2007 and down from 6.66 percentage points at the end of 2009, Bank of America Merrill Lynch’s Global High Yield Index shows.

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