Bernanke: Fed May Buy More Debt, What Does This Mean For The Dollar?

URL:  http://www.thedailybeast.com/cheat-sheet/item/fed-may-b...

Bye Bye Dollar..... Hello Amero. What does this mean to the millions of folks with that illness called poverty?



_The decision would lead to an increase in the size of the central bank’s holdings_



Does this mean that more of the corporation that is America, about to loose more of its shares to and already huge share holder? The central bank is:



_A central bank, reserve bank, or monetary authority is a banking institution_ _granted the exclusive privilege to lend a government its currency._



Does not look good for our economy in the long run. Looks good now though:



_However, a central bank is distinguished from a normal commercial bank because it has a monopoly on creating the currency of that nation, which is loaned to the government in the form of legal tender. It is a bank that can lend money to other banks in times of need._



So let's see if we understand this right? We are going to save the economy, by doing the same thing that got us in trouble in the first place? Hey, I am not a big banker and can probably count only as high as my toes and fingers allow; but even I can see that this is a mistake. And if you believe that its going work, and is the remedy we need.....



Then here; this is for you......



http://www.youtube.com/watch?v=ygNiiNKJ3jQ

See this Amp at http://amplify.com/u/9bui