WSJ: 'FED'S QE2 FUELING MIDDLE EAST TURMOIL' 2-24-2011

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Uploaded by on Feb 24, 2011

Link From: http://www.newzzcafe.com/

Wall Street Journal says the world's central bankers have blamed the Federal Reserve for causing turmoil abroad.

The Journal's editorial comes as the IMF and UN propose alternatives to the US dollar as the major international currency. The IMF is pushing for special drawing rights available to the foreign currency reserves of central banks.

The Federal Reserve decided last year to purchase 600 billion US dollars worth of longer-term Treasury securities by the end of June 2011 as part of its controversial quantitative easing policy. The move had invited criticism both at home and abroad.

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  • Since we are in QE2 , why not go all out with QE3 and wipe out ALL

    PERSONAL DEBT so that the People could start with a clean slate.

    Then - only then should Federal Reserve be abolished and the People

    will be put on NEW TREASURY NOTES on a 1 : 1 basis -

    don't you like it ??

  • Apparently this is what Lindsey Williams proclaimed was so important to talk about recently on the Alex Jones show, one world currency. He basically said the price of oil was going to go to $150-$200/barrel and that then the U.S. would default on it's paper/debt. He targeted near the end of 2012 as when this would all be finalized. At that point, a one world currency would come into being, according to him. We will see..

  • Did she just admit that the IMF & the UN propose alternatives to the US dollar as a major international currency, SDR, and QE3? Not a word of this in our American "lame"-stream news! Thanks for sharing this!!

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