Loosing Altitude

Those who've followed the FairView over the past few years are familiar with the idea that the US dollar is being setup to one day lose it's world reserve status. Back in 2009 we discussed an article by Larry Edelson entitled, "A Sneak Peek at the Future...". In that article Edelson pieced together quotes from world leaders calling for a "seismic shake-up of the world currency structure" and concluded that behind closed doors these world leaders were planning for a new world reserve currency.  The following are the quotations he referenced:

The Lerner Side Of Occupy

Last March audio was released of Stephen Lerner discussing a secret plan to bring down JP Morgan Chase and crash the stock market. The audio was made public almost three weeks after the Pentagon released it's 2009 report on Economic Terrorism. Lerner is/was SEIU's (Service Employees International Union) point-person on Wall Street reform and the organizer of the 2010 Bank of America protests outside the homes of senior executives. Reports vary as to whether Lerner has been ousted from his position at SEIU or if he is on "administrative leave". Prior to the 2010 protests a Stephen Lerner had visited the White House four times:

Understanding Inflation

Inflation is commonly understood as prices going up. Price increases, however, are only the result of inflation. Actual inflation happens when the value of a currency, in this case the US dollar, goes down.  Meaning it will now take more dollars to buy the same quantity of a given product. Economists describe this process as more dollars chasing fewer goods and services. It is important to understand that the innate value of a particular good or service does not change in an inflationary occurrence, only the amount of paper dollars needed to acquire them.  Consider the following example: