{"id":261,"date":"2012-10-23T01:01:56","date_gmt":"2012-10-23T01:01:56","guid":{"rendered":"http:\/\/www.apisbull.com\/blog\/?p=261"},"modified":"2012-10-23T01:01:56","modified_gmt":"2012-10-23T01:01:56","slug":"romney-points-the-finger-at-money-printing","status":"publish","type":"post","link":"https:\/\/www.apisbull.com\/blog\/?p=261","title":{"rendered":"Romney Points The Finger At Money Printing"},"content":{"rendered":"<div><span style=\"font-family: Arial;\">It took nearly 2 years of constant campaigning, but finally one of the men set to be President in 2013 said the words we\u2019ve been waiting to hear.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">We\u2019ve been watching Mitt Romney and Barack Obama closely to see if either has a clue about the coming crisis. \u00a0Or if they do, the courage to speak about it.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">But so far, not one has mentioned the $1.5 trillion dollars waiting on hold at the Federal Banks, just waiting for the right moment to flood the economy with inflation.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Not one has suggested lowering the debt; not even with an empty campaign promise. \u00a0They only promise to lower the deficit, in other words, the speed at which we grow more debt.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Not one has mentioned how we\u2019ll manage to pay the interest on $16.2 trillion in debt when interest rates rise.<\/span><\/div>\n<div><\/div>\n<div><span style=\"font-family: Arial;\">And from where we see it, the only option America will soon have is to honestly default on our debts and restructure them or continue to manipulate our currency by printing more money to pay our debt.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">We\u2019d like to know which option the candidates would prefer, but for so long they were silent on money printing and currency manipulation.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><\/p>\n<div><strong>And Then it Finally Happened<\/strong><\/div>\n<\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Someone mentioned currency manipulation. \u00a0It was Mitt Romney, and he said<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><em><strong><span style=\"font-family: Arial;\">China has been a currency manipulator for years and years and years. And the president has a regular opportunity to label them as a currency manipulator, but refuses to do so.<\/span><\/strong><\/em><\/div>\n<div><em><strong><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/strong><\/em><\/div>\n<div><em><strong><span style=\"font-family: Arial;\">On day one, I will label China a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where I believe that they are taking unfair advantage of our manufacturers.<\/span><\/strong><\/em><\/div>\n<div><em><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/em><\/div>\n<div><strong><em><span style=\"font-family: Arial;\">Mitt Romney<\/span><\/em><\/strong><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><strong><span style=\"font-family: Arial;\">Wait.<\/span><\/strong><span style=\"font-family: Arial;\">\u00a0Someone finally mentions currency manipulation and we point the finger at China?\u00a0<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Wow. Let\u2019s take a look<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Mitt Romney is suggesting China is a currency manipulator. Their crime is printing money to intentionally devalue the Yuan. In theory, this will make their exports cheaper and attractive to nations like the United States.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">And that\u2019s true. \u00a0They did this for decades. \u00a0BUT, this mostly stopped in 2005 when China depegged their currency from the dollar. \u00a0Since then, the Yuan has been steadily growing in value.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">In fact, in the last 7 years the Yuan has gone up in value 23% in dollars. \u00a0<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">And on the EXACT DAY that Mitt Romney said these words, the Yuan set an opening record high versus the dollar.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">So we have Mitt trying to protect us from China weakening the Yuan (when it\u2019s actually getting stronger). And yet<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div>\n<div><\/p>\n<div><strong>Who\u2019s Going To Defend Us\u00a0Against the Weakening Dollar?<\/strong><\/div>\n<\/div>\n<\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">And why isn\u2019t either candidate standing up against the currency manipulation of the Federal Reserve?<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Since China has depegged their currency from the dollar, our Federal Reserve has had the printing machines cranking at full gear TRIPLING the base money supply in just a few years.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">And it was AFTER this happened that Mitt Romney said, \u201cI think (Ben Bernanke) is doing as good a job as he thinks he can do.\u201d And, \u201cBut look, I\u2019m not going to spend my time going after Ben Bernanke. I\u2019m not going to take my time and focus on the Federal Reserve.\u201d<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">Yes, we can tell, Governor Romney.\u00a0<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">And neither is President Obama, who reappointed Ben Bernanke even after all the money printing skyrocketed.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div>\n<div><strong>Find a Lifeboat, and Get In<\/strong><\/div>\n<\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div>\n<div><span style=\"font-family: Arial;\">That $1.5 trillion dollars is anxiously waiting to flood the markets, and the dam could break at any time. \u00a0When it does, through \u201cFractional Reserve Banking\u201d that $1.5 trillion could turn into $10-$15 trillion in no time.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">That\u2019ll send inflation through the roof and interest rates to the moon.<\/span><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">The only way to survive rising rates and prices is to find a lifeboat and jump in.<\/span><\/div>\n<div><\/div>\n<div><span style=\"font-family: Arial;\"><br \/>\n<\/span><\/div>\n<div><span style=\"font-family: Arial;\">If you\u2019d like to get your hands on these \u201cblack box\u201d strategies then go here now:<\/span><\/div>\n<\/div>\n<p><CENTER><iframe src=\"http:\/\/rcm.amazon.com\/e\/cm?lt1=_blank&#038;bc1=000000&#038;IS2=1&#038;bg1=FFFFFF&#038;fc1=000000&#038;lc1=0000FF&#038;t=apibul-20&#038;o=1&#038;p=8&#038;l=as4&#038;m=amazon&#038;f=ifr&#038;ref=ss_til&#038;asins=B001NZO1DS\" style=\"width:120px;height:240px;\" scrolling=\"no\" marginwidth=\"0\" marginheight=\"0\" frameborder=\"0\"><\/iframe><br \/>\n<\/CENTER><BR><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It took nearly 2 years of constant campaigning, but finally one of the men set to be President in 2013 said the words we\u2019ve been waiting to hear. We\u2019ve been watching Mitt Romney and Barack Obama closely to see if either has a clue about the coming crisis. \u00a0Or if they do, the courage to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.apisbull.com\/blog\/?p=261\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Romney Points The Finger At Money Printing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-261","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Romney Points The Finger At Money Printing - Apis Bull Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.apisbull.com\/blog\/?p=261\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Romney Points The Finger At Money Printing - Apis Bull Blog\" \/>\n<meta property=\"og:description\" content=\"It took nearly 2 years of constant campaigning, but finally one of the men set to be President in 2013 said the words we\u2019ve been waiting to hear. 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