DECLINE OF THE DOLLAR, THE FALL OF AMERICA

GREETINGS,

ON THIS SUBJECT MATTER WE SHALL QUOTE THE MOST HONORABLE ELIJAH MUHAMMAD THEN WE SHALL POST WHAT IS BEING SAID CONCERNING THIS SUBJECT MATTER.IF WHAT HE SAYS GOES FOR NOTHING THEN HE IS OUT OF TIME AND NOT WORTH MENTIONING.I SAY TO YOU,IF WHAT HE SAYS BEARS FRUIT THEN I WOULD ADVISE YOU TO LEARN OF WHO HE IS.NO BY MEDIA ACCOUNTS NOR BY MOVIES BUT BY STUDYING HIS TEACHINGS AND WEIGHING THEM AGAINST WHAT IS NOW TAKING PLACE IN THE WORLD TODAY;…….ELIJAH MUHAMMAD SAYS,”Message to the Blackman

CHAPTER 119

THE DECLINE OF THE DOLLAR

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1 The stronghold of the American Government is falling to pieces. She has lost her prestige among the nations of the earth. One of the greatest powers of America was her dollar. The loss of such power will bring any nation to weakness, for this is the media of exchange between nations. The English pound and the American dollar have been the power and beckoning light of these two great powers. But when the world went off he gold and silver standard, the financial doom of England and America was sealed.

2 The pound has lost 50 per cent of its value. America=s dollar has lost everything now as power backing for her currency, which was once backed by gold for every $5.00 note and up. All of her currency was backed by silver from a $1.00 note and up.

3 Today, the currency of America is not backed by any sound value, silver or gold. The note today is something that the government declares it will give you the value in return but does not name that value. They definitely are not backing their currency with silver or gold.

4 This is the number one fall, and it is very clear that the loss of the power of the American dollar means the loss of the financial power of America. What will happen, since there is no sound backing for her notes, we do not know.

5 What should we expect even in the next 12 months under the fall of the power of America’s dollar? This means that we have 100 per cent inflation. What could happen under 100 per cent inflation? Your guess is as good as mine. The power of gold and silver was once abundant in America. But the touch of the finger of God against the power of so mighty a nation has now caused the crumbling and fall of America.

6 We can easily and truthfully liken the fall of America to the prophetic symbolic picture given in the (Bible) Revelation of John (18:2). The name Babylon used there does not really say whether it is ancient Babylon or a picture of some future Babylon.

7 The description it gives is as follows: “And he [angel] cried mightily with a strong voice [with authority] saying, Babylon the great is fallen, is fallen and is become the habitation of devils [Allah has declared the people to be a race of devils], and the hole of every foul spirit and a cage of every unclean and hateful bird.” The description here given to the Babylon by the Prophets compares with the present history and people of America and their fall.

8 The picture shows the cause of her fall. First, she had become the habitation of devils, making her a haven for every people that love the works and doings of the devil. Here the Prophet refers to them symbolically, as being a hole of every foul spirit and a cage of every unclean and hateful bird.

9 People are referred to as birds, snakes, beasts, fish and other animals to tell or represent the characteristics of that person. It is universally known that the very beginning of the American people was from the lower class of European people. Their first ruler (President Washington) was a fugitive from England. The common, dissatisfied and lower grade of European people followed and boosted his authority. This filled and inhabited America with a very low-class and low-based people.

10 Then this type of people went into Africa and purchased slaves from among our people, who were also uneducated, most of them, but thee were a few who were highly educated. All of these begin to mix with the low-based, evil-minded, real citizens of the Western Hemisphere (whites). When America began to get strong in power, she opened her doors to the underprivileged (laborers) in overpopulated countries, such as China, Japan and other European states, to seek citizenship in America.

11 This brought America into being one of the most mixed people who were granted the freedom to live any kind of life they chose. They were not forced to serve the God of the Universe who made heaven and earth, or any religion. They had freedom to worship. This made America a haven for any people who wished to be free of the compelling aspects of religious and just rule and authority. This people for the past 500 years has put into practice every evil that is imaginable.

12 The freedom of uncleanliness is granted and is worshiped. The percentage of sexual worship of the same sex is greater than in any other government on the face of the earth. Little children are being taught sex almost from the cradle, making the whole nation, as one man put it, nearly 90 per cent freaks of nature.

13 On the streets of any metropolitan city in America, it is common to see men sweethearting with men and women sweethearting with women. Little boys with boys and little girls with girls.

14 It is so common that a decent family is puzzled as to where to send their children for schooling. There are no all-girl schools as there once were. They are all-girl schools of sweethearts. The same sex falling upon their own. Boys’ colleges are breeding such filthy practices, the jails, prisons, and the Federal Penitentiaries are all breeding dens of homosexuals.

15 As the Prophet says in the 18th chapter: “She is a cage of every unclean and hateful bird.” There are types of hateful birds. This is why a symbolic name is given. It means human beings. There are birds of prey and birds that are unclean, such as crows, owls, buzzards and ravens, who live and thrive off the carcasses of others. And there are unclean people living and thriving off the unclean.

16 It is time that God intervenes to bring about an end of such people as the wicked of America. She offers the same filth to all of the civilized people of the earth, and she hates you if you are against her way of life and will threaten you with death as the Sodomites did Lot and his followers. But I say to you, as the 4th verse of Chapter 18 says: You that want to be a better people than this, “come out of her.”

17 The so-called American Negroes are referred to here in the 4th verse as being God’s people (My People): “Come out of her that ye be not partakers of her sins and that you receive not of her plagues.”

18 This is a call to the American so-called Negroes to give up a doomed, wicked people that have destroyed them from being a people worthy of recognition and who have now become lovers of their enemies and destroyers.

19 The 5th verse tells us that “Her sins have reached into heaven and God has remembered her iniquities and is ready to destroy her.” Her destruction cometh quickly according to the 8th verse, that plagues of death, mourning and famines which cometh in one day (one year) and then after that she shall be destroyed by fire, utterly burned.

20 This is backed up in these words: “Strong is the Lord God who judge her.” Here it gives us a knowledge that He who judges is well able with power, with wisdom and with deliberate and careful maneuvering to give judgment against her.”———————————————————————————————————————THE NEWS IS NOW SAYING…,”

HSBC bids farewell to dollar supremacy

The sun is setting on the US dollar as the ultra-loose monetary policy of the US Federal Reserve forces China and the vibrant economies of the emerging world to forge a new global currency order, according to a new report by HSBC.

 

By Ambrose Evans-Pritchard
Published: 7:14PM BST 20 Sep 2009

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A dollar bill

All change: the dollar is losing ground as the world’s reserve currency Photo: Bloomberg News

“The dollar looks awfully like sterling after the First World War,” said David Bloom, the bank’s currency chief.

“The whole picture of risk-reward for emerging market currencies has changed. It is not so much that they have risen to our standards, it is that we have fallen to theirs. It used to be that sovereign risk was mainly an emerging market issue but the events of the last year have shown that this is no longer the case. Look at the UK – debt is racing up to 100pc of GDP,” he said

Crucially, China and rising Asia have reached the point where they can no longer keep holding down their currencies to boost exports because this is causing mayhem to their own economies, stoking asset bubbles. Asia’s “mercantilist mindset” of recent decades is about to be broken by the spectre of an inflation spiral.

The policy headache was already becoming clear in the final phase of the global credit boom but the financial crisis temporarily masked the effect. The pressures will return with a vengeance as these countries roar back to life, leaving the US and other laggards of the old world far behind.

A monetary policy of near zero rates – further juiced by quantitative easing – is completely incompatible with circumstances in most of Asia, the Middle East, Latin America, and Africa. Divorce is inevitable. The US is expected to hold rates near zero through 2010 to tackle its own crisis.

What is occurring is an epochal loss in the relative wealth and economic power of the old G10 bloc of rich countries compared to rising regions of the world. The euro, yen, sterling, Swiss franc and other mature currencies will be relegated along with the dollar in this great process of rebalancing, but the Greenback will bear the brunt.

The Fed’s super-loose policy is turning the dollar into the key funding currency for the next phase of the global “carry trade”, taking over the role of Japan during its period of emergency stimulus.

Mr Bloom said regional currencies would emerge as the anchor for their smaller trading partners, with China, Brazil, or South Africa substituting the role of the US. Australia is already linking its fortunes to China through commodity ties.

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