The Dollar is Doomed and the Fed's Days are Numbered

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In this very recent interview with Bloomberg Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn't want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade. digg it http://digg.com/business_finance/The_Dollar_is_Doomed_and_the_Fed_s_Days_are_Numbered?OTC-widget

Channel: News & Politics
Uploaded: July 9, 2008 at 12:37 pm
Author: fagan411

Length: 0:05:35
Rating: 4.83
Views: 112,840

Tags: federal reserve dollar devaluation inflation china oil depletion ron paul

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Video Comments:
Ryshtyanna (Tuesday 18th of November 2008 06:00:29 AM)
The Federal Reserve is a brilliant con by those who created it. The victims are every man, woman and child who are forced to succumb to this system. If one is willing to do the research into it, WWI, WWII and Vietnam were wars engineered by the Reserve to ensure American involvement. War is an extremely profitable business for those who stand to gain the most from it, namely the Reserve. They don't care about the lives lost. They don't care about the people, nor does the current government.
sircesare (Tuesday 18th of November 2008 03:11:33 AM)
are you serious? the clown with the pink tie is crazy!!!! china will not have what it has if it wasnt because they are a real Dictatorship and second because they are the worlds Manufactorer if people dont manufacture anything from china anymore china will go bacnkrupt. and if the united states nationalizes all their money im sure we will b fine
moviedude111 (Monday 17th of November 2008 06:14:36 PM)
lol...people just want to be controlled. pass the popcorn, gotta go Sienfield is on.
davedavis22 (Saturday 15th of November 2008 02:39:18 PM)
"what are they diong with all our money????" buying yachts, private jets, mansions, and ferraris
davedavis22 (Saturday 15th of November 2008 02:35:45 PM)
who says they have to sell their goods here? once americans go bankrupt or now have to spend all their money paying off their debt accumulated from the past few years they won't be buying imported goods anyway. they can sell their goods in their own countries. especially after their currencies rise at the expense of the dollar and their people can afford them.
rusH1023 (Friday 14th of November 2008 11:19:01 AM)
I see you visit any and all political/economic videos about America's downfall and spit your slime all over them. It better not come out that you live in a country run by the same banksters.
flangelet (Friday 14th of November 2008 11:33:54 AM)
Like I friggin care about that! LOL Yankland going down! Bargain basement usa! Say hello to that deflationary spiral for me, y'all!
rusH1023 (Friday 14th of November 2008 11:38:06 AM)
It would seem to me that Argentina had the same problem until 2004. You Brits are controlled by the same people. Don't worry, you'll still have someone to look up to.
flangelet (Friday 14th of November 2008 11:43:39 AM)
Why thankee kindly, yankie sir! WE British are controlled by our bankers, just as you are controlled by yours. Yours have a meaner streak though and are better at *rse-r*ping your population than ours are. Better pucker up and get on ready thar, massah!
rusH1023 (Friday 14th of November 2008 01:09:23 PM)
I don't know know what gives you that idea. Your 2nd-rate country, who has followed the buffoon running this country for the last 8 years, is no better off. Calling the Fed "meaner" is ludicrous and makes me think that you're not quite as knowledgeable as your care-free, whimsical attitude might suggest. It's the central bank system itself, and its epicenter is in your part of the world.