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(Untitled) Nov 5th 2013, 00:30, by noreply@blogger.com (Cliff Küle) Federal Reserve Trapped By Money Printing Former Assistant U.S. Treasury Secretary Dr. Paul Craig Roberts: "The fate of the dollar is the fate of United States' power .. The whole question of the dollar's longevity depends on the willingness of other countries to continue holding dollars and dollar denominated assets while the Federal Reserve prints a trillion dollars a year to prop up the big banks and to finance the federal budget deficit .. China is accumulating very large quantities of gold. So, this does show that the dollar may have a limited life as the supreme currency." .. on the Federal Reserve's money printing: "They're trapped because you can't expect them to say let's blow up the world right now so we don't have a crisis in the dollar next year." .. 30 minutes

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