Most people know that something is basically wrong with our economy.
Afterall, how can the price of gas go up over 26%, bread 16% and orange juice 28% in just one year?: Massive inflation. What the the American people are not told is that the inflation index does not use the waivering cost of food or fuel(these costs or considered too "variable"); therefore, the actual inflationary numbers reported are artifically low. If the government is claiming only 3-4% inflation, they are simply lying...forget about the domestic cost of goods for a moment. On October 14th, 2000, one American dollar could buy 1.21 euros, while last Friday, one American dollar was only worth approximately .62 euros. This is a frightening devaluation of our currency. It means that the value of our savings in the terms of buying power has decreased by over 9% a year for the last seven years! Wake up America and start taking back your homeland.
Thursday, November 29, 2007
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