Our Economy and the Dollar

Monkeyfister at Blah3 offers us a fascinating bit of information I did NOT know about. Did you?

So Much For Dollarizing Tthe Global Economy...

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 us that this week, the Federal Reserve ordered TWO TRILLION dollars to be printed secretly! 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. This probably explains why the US Treasury Secretary resigned several months ago and was replaced by a Bush flunkey, and why Greenspan resigned from the Fed several weeks ago, not wanting to go down with the Titanic. We were also told that the whole Immigration Amnesty Debate (especially the well-funded well-attended protests) was deliberately scheduled to take place now, to divert attention from this massive printing/devaluation of the U.S. Dollar. The White House apparently hoped that by the time anyone found out about the flooding of the market with dollars, they could stage an event, such as an air attack on Iran's nuclear facilities, that would distract the public entirely.