Federal Reserve Prints Another $1 TRILLION – UN Recommends Dumping U.S. Dollar As World Reserve Currency

The Federal Reserve is one again stepping up efforts to save the U.S. economy announcing that it will pump and extra $1 TRILLION dollars into the U.S. financial system by purchasing treasury bonds and mortgage securities… While this may bring a short term jolt, many critics say that printing money, vast amounts of money out of thin air will bring disastrous consequences. More specifically hyperinflation and the plunge of the U.S. dollar. Many experts have gone on record saying the U.S. monetary policy has past the point of no return when it comes to printing money. So Americans may eventually one day may have a stash of cash at home, but if you go to a store and bread costs $10-$20 what is your money really worth? And if anybody has any doubts over the severity of hyperinflation look to Germany in the early 1920′s. At that point paper currency had lost so much value that people were literally burning it in furnaces to stay warm. The problem and severity of this situation cannot be underestimated.