Letter to the Editor: Destruction of dollar
BY Roger Jackson, Oklahoma City
Thursday, October 25, 2012
10/25/12 at 2:45 AM
In order to make a very, very strong case to become our next president, former Massachusetts Gov. Mitt Romney should begin talking, these last few days before our election, about the "destruction of the American dollar" over the last four years. What President Obama has presided over during his term will cause raging inflation in a few months.
Three men, Obama, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner, have all conspired to print more dollars and inflate America's money supply. This planned and carefully thought out move has bought time and made the economy look a little stronger. It fuels the stock market, temporarily, by adding liquidity to the equation. However, much like launching a deadly nuclear missile from one of our submarines, it has taken three people to pull off the huge increase in our money supply.
On our subs, it takes the commanding officer, executive officer and the weapons officer to launch one of these deadly missiles, working in concert with one another. To print huge amounts of dollars and cause deadly inflation has taken Obama, Bernanke and Geithner.
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