Unstable Oil Prices

When this county was founded America was trying to get their new currency started and stabilized. Some from England were manipulating and gambling with the US dollar to undermine the country.  It almost worked as it put the young  country into a early financial bind.

What we are seeing today is the same thing with fuel, it is being manipulated.  This started under Bush where we saw WILD swings with fuel.  It is still going on under Obama.  The average person cannot hold onto their budget because they can't save or keep up with the market.  Oil not only runs our vehicles but is in so many products.

Speculators and globalists in BOTH parties are allowing this to destroy our economy and currency in increments.  That's why you see gas go down, the economy perks up, then it shoots back up, this slows the economy down, this is paving the way for a new global currency.  IF they destroyed the US economy all at once this would throw the whole planet into a depression 10 times greater then the 30's.

Even what Obama is pushing for now an increase in minimum wage to $10.15 per hour is part of this plan.  A lowly Whopper could cost $5 or more.  They are destroying the dollar. 

The world's commodities are based on US currency.  Soon the world will demand to dump the dollar as it is too weak and not stable and want a new global currency which means a one world bank, one world currency, one world rule.

CKM

Future currency?

Friends, Itex, a trading company that my cleaning service is a member of, is now accepting Bitcoin.  What does this say about the dollar?  Is this the future currency?

   CKM

ITEX - First Trading Community to Accept Bitcoin

Bellevue, WA – February 27, 2014 – ITEX Corporation (OTCQB: ITEX), The Membership Trading CommunitySM, a leading marketplace for cashless business transactions in North America, today announced it now accepts Bitcoin as a payment option for its more than 20,000 member businesses.

Bitcoin is the world’s largest circulated encrypted digital currency and ITEX is the largest trading community in the USA and Canada. The Bitcoin peer-to-peer network is made up of thousands of computers run by individuals around the world and doesn’t have a central clearinghouse or answer to a singular authority. The finite supply of Bitcoins will grow at a mathematically determined rate of expansion from its current 12.5 million units to a maximum of 21 million units.

 

The ITEX dollar is a virtual currency used as a method of payment within our marketplace and trading community. In contrast to Bitcoin, ITEX utilizes a centralized system where it determines the amount of currency in circulation, based on numerous factors, including the needs of its member merchants. ITEX seeks to provide a platform for peer-to-peer and centralized virtual currency models to co-exist and complement each other.

 

“We are excited about the momentum the nascent virtual currency industry is experiencing and anticipate greater support for our virtual currency, the ITEX dollar, as time progresses,” stated Steven White, Chairman and CEO.

“ITEX contracted with Coinbase of San Francisco, the largest platform of merchants and consumers accepting Bitcoin, to create our e-wallet service, process payments and convert Bitcoin into U.S. dollars.

 We invite the millions of Bitcoin enthusiasts to participate in our trading community,” Mr. White concluded.