Tuesday, March 27, 2007

People and Power: Declining U.S. Dollar

Former wall street broker, Max Keiser, investigates the US economy and reveals how the American officials have maintained the image of a strong dollar since coming off the Gold Standard. We hear from authors and leading economists who claim that central banks have been helping to manipulate the gold markets and keep the prices down.

How will all this unravel? Max looks at the current US debt levels, the shift away from the dollar as a reserve currency and the move to price oil in Euros.

Power and People: Declining Dollar Video

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