This was an excellent post by a respected American poster on another forum - very interesting!

First off ,I am not a fan of the Federal Reserve . Its creation was a diabolical scheme of control and favors a very few elite organizations. It was of course conceived with the intent in the publics eyes to save us from long term financial hardships for the people. I wont comment any further on the validity .It is what it is.It is our system,like it or not.My objection to this whole situation is that for the last 30 or more years the U.S. dollar has been overvalued. All you have to do is look at who owns the treasuries. Domestically ,mainly banks(big surprise),tied to the FED . Internationally ,it is an array of Eastern and Middle Eastern Nations and organizations within their borders. Why have they continued to buy treasuries from a country that has massive debt,and hard asset reserves that do not back those treasuries. ? Hard Asset reserves that are never asked to be verified.Why would they make such poor investments?The U.S. government treasuries are backed by the U.S. Governments assurance that the interest will be paid in U.S. funds aka DOLLARS,thats it. I say it again . What a bad investment? The only reason that they buy treasuries is to keep the charade alive and well.They always have wanted the U.S. dollar strong. It gives us buying power (however,unreal) that buys their goods. Thats it. Our high dollar has been manipulated by our own elite and the elite of other nations. There really is no free market Bothwings, if the rules are not regulated. Its like having a game of Monopoly every week and some stronger participants in the game change the rules every week. No International regulation means no free markets.No World Standard means massive manipulation can occur at any time. Government debt,held by FOREIGN entities means manipulation is almost assured. Let me use the example of a small resource stock. Two resource stocks could have near equal assets ,yet one has its PPS so much higher. The new investor ,being conservative and not wanting to take a chance follows the money. An institution has in invested heavily in Company A ,so will he ,even though Company B has the same assets,for less money . The perception is that the U.S.dollar must be ''the safe'' investment because its manipulated to be just that but in reality it is not. Is the manipulation just from our Federal Reserve? Lately,more so ,but for many years it has been more so from the countries I previously eluded to ,from the East in order to build their enterprises. Its not us against them,country vs.country. Its the elite in the world against the middle class. The poor just sit back and wait to side with who is stronger(little else they can do) If we do not get a new system in place through the U.N. then the future for America and Canada is bleak. I am not talking about a Global Currency . I am talking about a standard based on RESERVES/GDP/DEBT/POPULATION orchestrated by the U.N.(not for admiration of that organization but because it is all the world has to do such a massive restructuring of the worlds financial systems.) Until that time there is going to be currency wars. The latest 600 billion in print is in answer to the corruption lead by China that the world seems to have a hard time blaming for anything. The U.S. ,as usual is the whipping post.Its a sad day when the newly elected in this country, unbeknown to themselves ally with the foreign entities from the east and do not even understand who the monster is, all in the name of saving America. Lets see someone stand up in Congress and say ''Once we clear up foreign debt,I propose to never again allow U.S. treasuries to be held by any individual or corporation not a citizen or resident of this country.''