Thursday, September 27, 2012

The Food Crises and Political Instability in North Africa and the Middle East

The Fed continuously destroys the value of the dollar, in a futile attempt to stimulate exports.  All this does is create food inflation domestically--and globally.  This, in turn, causes riots in other parts of the world, where food represents up to 85% of a household budget in the poorest of countries.

Ergo, the Fed is causing social unrest worldwide with its continuing dollar devaluation.  The rest of the world knows this--that's why the impoverished are burning American flags in the streets.  It's not just about overthrowing evil dictator regimes.  It's about putting food on the table.

Only the American public is oblivious to this, distracted by the machinations of the war on terror propaganda.

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