September 2008 Archives

Dear Ones,


More than 5 years ago, 09-21-2008 I spoke about the worldwide money crisis that was unfolding. I had been speaking about this crisis for at least three years, prior to this.  We are now down the road almost eight years from then, and the crisis is not over yet.  My Brother Gabor Yitzchok was saying then, that this would last at least ten years.


Audio



02/2008

Bare Sterns take over by JP Morgan

US Federal Reserve contributed

30 Billion





$  30,000,000,000.00


09/11/08

Freddie Mac & Fanny Mae take over


by US Federal Reserve contributed

800 Billion






$800,000,000,000.00


09/18/09

A.I.G. take over by

US Federal Reserve contributed

85 Billion






$  85,000,000,000.00


09/21/09

Special Fund to rescue failing institutions

And Home Owners

US Federal reserve contributed

1 Trillion






$1,000,000,000,000.00


Cost of Afghanistan / Iraq Wars

4.95 Trillion




$4,950,000,000,000.00


Total Almost 7 Trillion



$7,000,000,000,000.00


Cost for each American {300 Million}



$23,333.00


American Money Supply 2001

American Money Supply 2008



$7,800,000,000,000.00

$15,800,000,000,000.00


If a Gallon of Gas cost $1.50 in 2001 it, will now cost $3.35 in 2008 just because our dollars has expanded by 123%.  Instead of 7.8 Trillion dollars in circulation, we now have 15.8 Trillion dollars in circulation. In 2008 it takes more than twice as many dollars to purchase the same things...



The Fed's Treasury holdings rose $61 million to $479.8 billion...  We must either borrow 2 Trillion or expand our money supply from 13.8 Trillion to 15.8 Trillion.


Calculator at:  http://www.calculator.com


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