FED ORDERS TWO TRILLION DOLLARS TO BE PRINTED AND PUT INTO CIRCULATION!

[AGENDA21]

Six months ago, the Federal Reserve quietly announced that as of March 20, 2006, they would no longer publish "M3" Data. The "M3" was the amount of cash the government printed to put into circulation, propping-up the U.S. economy.

As of eight days ago, M3 data is no longer being reported, so there is no way for the public, investors or bond holders to know how much currency exists - and no way to gauge how much a "dollar" is truly worth.

Three separate sources in the U.S. Treasury have told me that this week, the federal reserve ordered TWO TRILLION dollars to be printed! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse.

http://www.axisoflogic.com/artman/publish/article_21569.shtml

is this a reliable source..?

[pinniped]

1. Cool, another playbook page from postwar Germany.

Bread will be a barrel full of currency for each loaf.

Crap, better search for more gold and silver certificates.

I will cash my gold certificates in person at Fort Knox, unless they moved (stole) that gold out, too.

[MadMaddie]

6. You know I am really beginning to think the Repugs want the

economy to collapse...

[KansDem]

13. Yeah, the cost of "bread and circuses" is going to go up! (eom)

[MadMaddie]

2. If the market if flooded with more cash what does that

do the economy? When they say economic collapse what does that mean?

Thanks for the explanation!!

[Roland99]

8. Well, it would cause inflation to skyrocket. Look up Argentina

or Germany in the 1920s/1930s

[MadMaddie]

14. Will do....

Thanks...

[ima_sinnic]

17. I saw an old photo somewhere of a man in Germany pushing a

wheelbarrow heaped with cash.
oh no.

[Deep13]

Since we are off the gold standard, ...

...I wonder if this can really have an effect on the value of the dollar, which in fact has only symbolic value anyway.

[AuntiBush]

3. Have Heard and Read About This in Past Weeks

Unsure is its reliable. Have you googled for more info or tried yahoo?

[Roland99]

4. Not so sure on the reliability of that but I'm sure someone, somewhere

would eventually leak that.

[truebrit71]

5. I failed economics miserably in school, but even I know...

..you simply can't print your way out of a hole...

This is MADNESS!!!

[unblock]

7. correct me if i'm wrong, but this would increase m1 and m2, right?

and those still ARE being published, right?

[Roland99]

12. Right, M0, M1, M2 are still being published. *BUT*

who's to say this won't be kept out of those values and be used for Repurchase Agreements?

[stop the bleeding]

9. Well half of that is for the Iraq War n/t

[MADem]

10. Oh, boy, the dollah will be like the dinahhhhhhhh!!!!

You'll have to bring a sack of cash to the grocery store to buy eggs and milk!

No idea about the validity, or lack thereof, of your citation. Any economists out there????

[jsamuel]

11. for those who don't know what this means (if true)

it means that the US dollar is becoming worthless, like the German currency shortly after WWI that helped cause the Great Depression in that part of the world. It is an economic death sentence.

[MadHound]

15. If this is correct, we can now officially kiss our economy goodbye

Two fucking trillion being printed:wtf: Geez, inflation is going to go double digit with a vengance, the dollar is going to be dumped world-wide, and we're all going to be screwed.

Start buying gold and silver people, it is the only thing that is going to hold value in this country. Oh, and start growing your own food if you can. Otherwise you might not be able to afford it.

[Joanne98]

16. I take gold bugs with a grain of salt. Maybe though!

[unblock]

18. odds are REAL GOOD that this is 100% BOGUS

so let's not get our collective panties in a twist over this.

the unchecked printing of paper currency is a constantly repeating "rumor", especially among those trying to sell precious metals as an inflation shelter.

[Avalux]

19. Locking.

The site you've linked is considered unreliable. You may post the information again if you find another source. Thanks.