Dollar Will Collapse From Washington’s ABUSE of Its ROLE as Reserve Currency: China Will Defeat US Without Arms Race

The Virtual Recovery Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government’s propaganda that prices are rising less than 2%. But anyone who purchases food, fuel, medical care or anything else knows that low inflation is no more real that Saddam Hussein’s weapons of mass destruction or Gadhafi’s alleged attacks on Libyan protesters or Iran’s nuclear weapons. Everything is a lie to serve the power-brokers. During the Clinton administration, Republican economists pushed through a change in the way the CPI is measured in order to save money by depriving Social Security retirees of their cost-of-living adjustment. Previously, the CPI measured the change in the cost of a constant standard of living. The new measure assumes that consumers adjust to price increases by lowering their standard of living by substituting lower quality, lower priced items.

US Behind the DIAOYU Islands Dispute: To Contain China, to Obstruct Renminbi from Becoming a International Currency

Opinion: US fueling Diaoyutai dispute to protect the dollar After the dispute between China and Japan over the Diaoyutai (Diaoyu or Senkaku) islands in the East China Sea became more acrimonious, not only has the Japanese government’s position fail to gain the support of its diplomatic allies, but Japanese media outlets have also criticized the government as the disastrous effects on the country’s relations with China have caused enormous financial losses for the country’s economy. Meanwhile, some international media reports claims the dispute will allow the United States to profit because of the considerable liquidity flowing into the US from China and Japan, which could help the obstruct the rise of China’s financial sector at the international level. An opinion piece published in a foreign media outlet said that the reign of the US dollar as the world’s reserve currency was the main driver behind US economic growth.