Friday, July 12, 2013
What Does a Currency Collapse Look Like?
Posted by Charleston Voice
July 12, 2013
In Part one of this series, I detailed how this administration has set themselves up to roll out martial law like no other martial law in history.
Will It Be a False Flag Attack Or a Currency Collapse?
My initial response to that question is, does it really matter? The pattern of societal collapse and subsequent governmental enslavement of the American people will be largely the same whether the precipitating incident is a false flag attack or a currency collapse. For the purpose of simplicity, let us call the precursor event to all-out martial law, a currency collapse.
The Federal Reserve Is the Enemy of Humanity
The Federal Reserve has been bleeding this country to death for exactly one century. What the dollar bought 100 years ago, can only buy three cents of product today. This means that 97% of the value of our currency has gone into the pockets of the Federal Reserve.
I am amazed at the abject ignorance of the American people and that they think the Federal Reserve is actually part of the federal government. As we like to stay in the alternative media, the Federal Reserve is no more federal than Federal Express.
The Dollar Is Diving
The world is running from the dollar. Until recently, our dollar was used as the currency of international trading. Further, the dollar was also the reserve currency for oil. All foreign countries wishing to purchase oil from the Middle East, first had to purchase dollars from the Federal Reserve. After FDR took us off the gold standard during the Great Depression and Richard Nixon finished the task of providing America with a totally Fiat currency, the only backing that our dollar enjoys is that of being the reserve currency for both trading and for oil (i.e. the Petrodollar scam).
The major cause of the present calamity is fractional reserve banking. When the government goes to the private Federal Reserve and asks for one trillion dollars, the federal reserve gets to print one trillion for the government, at interest, and 10 trillion dollars for themselves and to lend out at high interest rates. This inflationary practice erodes the value of your dollar while enriching our Federal Reserve masters. Ultimately, the currency upon which we depend on will be destroyed and life as we know it will be changed forever.
A Changing of the Financial Guard
Today, many important nations are running from the dollar. Countries such as India, China, Iran, Japan, and Australia have signed their own trade agreements and their currency of choice is no longer the dollar!
When the collapse of the dollar occurs, it will literally and figuratively come like a thief in the night, and I do mean overnight!More>