“Stop The Presses!!”

This column presents a conservative viewpoint about items of interest in our community and our lives. Focus is on items impacting your pocket book, your personal freedoms, and your rights. I hope you will read the column regularly and it occasionally influences your opinions and actions.

Our secretive, powerful, and unrestrained Federal Reserve has decided to devalue the U.S. Dollar by cranking up the printing presses and arbitrarily printing and putting into circulation $600,000,000,000 (Over half at trillion dollars), without that money being backed up by anything of value, such as gold reserves. This action devalues the dollar on the world market, makes that money you have stashed away in the ice box lose some of its purchasing power, makes oil and other imported products cost more, creates inflationary pressures, reduces our ability to borrow money on the world market, makes our creditors such as China very angry and jittery, and may cause other nations to also devalue their money in order to maintain a status quo as they export to the U.S. . In short, this action disturbs a lot of things at a time when the world economy is teetering dangerously over an economic chasm.

To read the rest of the story visit our virtual paper by clicking on this link!