Is the "bird flue" just a code word for a coming currency devaluation?

While listening to a talk show recently, I heard a guest speak about the US dollar. He spoke about being in Europe and being shown a new US currency (red vs. green) in a Swiss bank vault. He claims the US is getting ready to institute a two tiered currency, one for internal use and one for overseas. He swears he saw stacks of the new bills.
I've been bothered by this administrations scare tactics of late and particularly the government prompted MSM cries of "bird flue". It has occurred to me that the "bird flue" may be a code word for something else and that the media is being “used” to dispense information. This morning it hit me. The eagle is a symbol for our dollar. The coming bird flue pandemic could symbolize imminent currency devaluation. What we're listening to, may be the warning sirens for those bankers who are in the loop and responsible for the orderly transition to our new overseas currency.
Now, this is admittedly far fetched, but consider the fact that Allan Greenspan has been warning about the consequences of our deficits and that our government recently announced that they plan to discontinue publishing the M3 money supply figure. The M3 figure is used by many to predict inflation and is considered to be the most important of the three indicators published. Why would you stop publishing such an important leading indicator unless you wanted to obscure what you were doing? I am going to buy a few silver coins just in case I’m right.

But, I'm not the only one predicting currency devaluation (although I'm probably the only one who has made this leap of logic. ha,ha) and this type of double entendre is right up this administration's (Rove's) alley. Mario Gabelli calls our dollar's recent appreciation a "bubble" and I agree with him. There is no rational explanation for the dollars rise. Recently we've seen a disconnect between gold and the dollar. All I'm saying is: I'm betting on the metals.

The establishment of a two-tiered currency is not possible, and would ultimately have no meaning, as we would be paying for imports with one type of currency and other countries would be paying for their imports from the US with another. The US dollar's rise as of late is probably due to the failure of the EU constitution earlier this year, and the more recent French riots. Disastrous Chinese fiscal and monetary policy (as well as their very inefficient banking system) will most likely exclude the Yuan from becoming the new dollar in the near term. Other country's misfortunes, however cannot keep the dollar afloat indefinitely, and sooner or later our fiscal and import woes will catch up with us.

A devaluated currency does not necessarily affect prices and the value of one's investments. Prior to its 2001 devaluation, 1 Argentine peso equaled one dollar. Now it's 3 pesos to the dollar, but one peso still buys a buck's worth of good in Buenos Aires. In Argentina, however strong agricultural and textile sectors help them feed and clothe their citizens without having to import expensive goods from overseas. Furthermore, they've been energy independent for some time now. With our dependence on imports, the rising cost of imported goods might well fuel inflation, and without increases in income (as has been the case here for years) our standard of living will plummet.

our creditors. I agree with you as to why the dollar went up. I still say it's not rational and in the long run will prove to be a temporary blip.

Two things:

1. The existence of actual bird flu cases makes your assertion less credible.

2. The red money the guy saw was probably our usual green dollars, in numbered Halliburton accounts, stained blood-red from the massacres in the deserts of Iraq.

That said, I agree with you that the dollar is a piece of shit.

But the "bird flue" label could come to symbolize the dollars collapse. For that matter, it might soon be used to label our whole economy if W stays the course in Iraq.

thread:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x18100


Then the effect of that is a devaluation of the currency, correct?

No doubt about it. The bills are due.