DEATH OF THE DOLLAR

Via Doug Ross

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16 Comments
card802
card802
March 25, 2014 7:48 am

Comics work better than charts to splain things to us dummys that are chart challenged. Comics be usually funny though.

Roy
Roy
March 25, 2014 8:45 am

A return to the gold standard would provide a common denominator that could not be manipulated by those with the power to do so and make a reserve currency unnecessary. It would end financialization and trickle up economics while eliminating most financial jobs. Why do you think the our owners manipulate the price of gold?

sensetti
sensetti
March 25, 2014 9:07 am

Roy we will never change to a different currency until after a collapse. There are too many power players invested in the current structure, a change in the currency structure will up end the assets of the rich and powerful, likewise, printing money and feeding the free shit army would scream to a halt. What do you think an end to food stamps would bring to bear?

Bottom line, there is NO peaceful transition to another currency. The new currency will be born with blood, wailing, and gnashing of teeth. Book it.

sensetti
sensetti
March 25, 2014 9:14 am

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Tommy
Tommy
March 25, 2014 9:46 am

I’d bet the petroyuan is being planned by some – yeah like the chinese. It’ll fail imho, and local/regional exchanges will rule the day for a period of time. Nobody’s going to want to convert their world into a promise and a hope during times of turmoil – and until then, metals will be king. Those with metals will just not get poor and ‘win by default’, like a monetary tournament ‘bye’. After that, well – my crystal balls’ in the shop so I’ll have to let you know later.

bb
bb
March 25, 2014 10:16 am

I hate to say it but good .Maybe then white America will get off it’s ass and put an end to
This so called democracy and restore the republic. ,restore sound money with a gold standard and put an end to third world immigration.It will take financial ruin to make the white population remove these traitors from office and abolish the Federal Reserve.No other group can or will do this.I think this is the real reason the elites are always in favor of more third world immigration.

Hollow man
Hollow man
March 25, 2014 10:20 am

The masses think it will never end. Clueless. Is the word. Anarchy approaches.

card802
card802
March 25, 2014 10:32 am

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card802
card802
March 25, 2014 10:41 am

Shit that’s big.

Looks like obama has succeeded in kicking Russia out of the G8, and is also asking for harsher sanctions, this could speed the demise up a bit faster. Russia said they don’t care, but I don’t believe it.

Econman
Econman
March 25, 2014 12:17 pm

If you’re the Russians & Chinese, you know, especially with the Edward Snowden revelations, that smart Americans hate their government. You’re using Sun Tzu’s “Art Of War” against the doofus country that runs up debt, steals resources, & produces no goods.

Knock the dollar out of reserve status, watch prices soar & the government have no money for its giant military, watch riots engulf the nation.

Later on, mop up the remains of what’s left of the nation, if the psychos don’t launch a nuclear war to try to take down the rest of the world. The US govt knows its time is running out, that’s why it’s trying to slip a police state into place before the stupid population realizes they’ve been ripped off in the biggest scam of all time perpetrated against a population.

Econman
Econman
March 25, 2014 12:25 pm

Wow, bb made a smart statement.

All Americans have to put a stop to it, but the problem is most want the system to exist as long as possible. It’s when the majority have nothing to lose when you get the cleansing, but violent, needed revolution.

Nonanonymous
Nonanonymous
March 25, 2014 1:53 pm

Once the dollar is dumped, and interest rates start to raise is when widespread defaults will occur.

That is most likely the reason for the massive domestic police state build up, to enforce the repossession of private assets.

The FSA will be cheering the development, as they begin to starve. Then the feds begin redistributing private property for the public good. Where does it end?

Pirate Jo
Pirate Jo
March 25, 2014 2:26 pm

Don’t have kids.

Tommy
Tommy
March 25, 2014 2:29 pm

@pirate Jo…….too late. The return policy has expired and their out of warranty now too.

bb
bb
March 25, 2014 7:56 pm

Econman ,you make a smart observation of a smart comment.

Econman
Econman
March 26, 2014 11:30 am

Thank you. You make a smart comment about a smart observation of a smart comment.