We took a look at Bernanke’s secret solution to our massive, record-shattering debt: That only by destroying the value of the U.S. dollar can Washington ever even hope to service our skyrocketing debt — by satisfying its Social Security, Medicare and Medicaid obligations with ever-cheaper dollars. Anyone who buys long-term U.S. treasuries these days is virtually begging to get his head handed to him for three very simple reasons: http://bit.ly/1nUZP0
Heads up: U.S. Dollar Sinks to New 12-Month Lows!
We took a look at Bernanke’s secret solution to our massive, record-shattering debt: That only by destroying the value of the U.S. dollar can Washington ever even hope to service our skyrocketing debt — by satisfying its Social Security, Medicare and Medicaid obligations with ever-cheaper dollars. Anyone who buys long-term U.S. treasuries these days is virtually begging to get his head handed to him for three very simple reasons: http://bit.ly/1nUZP0
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