Thursday, February 10, 2011

The Collapse Of American Fiat Money - Can It Really Happen?

As Ben Bernanke and the Obama administration pump more dollars into circulation and our dollars become worth less (as in losing their buying power), what could happen as a result, is a collapse of our monetary system. Don't think it can't happen.
China and Russia are already making deals to swap products without using American currency. Other countries may follow suit.

When other nations decide to conduct business without the US Dollar - especially buying petroleum - we are done. Game over.

So what would happen if no one wanted our fairy dust backed fiat money anymore?
Check out these two videos and understand why petrodollar status is so important to us.

Meanwhile.. back at the Southwestern ranch.. Americans were subjected to rolling blackouts thanks to a failed American energy policy. US states were dependent on Mexican energy! Unbelievable.

That's the sort of thing that happens when you de-industrialize.

Please - we need swift and substantial policy changes in Washington immediately to stop this insane self-destruction!