Are you prepared for the collapse of the U.S. Dollar?on July 15, 2011 at 21:10
Are you prepared for the collapse of the U.S. Dollar? The majority of people find this question to be silly and downright stupid, because they think one is absolutely mad to even suggest that the mighty U.S. Dollar might collapse. The truth be told, nothing could be further from the truth.
In fact, when asked the above-mentioned question, some will tell you outright that they don’t believe in conspiracy theories and a lot of other BS that’s not only irrelevant, but entirely based on falsehoods and madness in the true sense of the word. If you find yourself in the last category (or deny the fact that the U.S. Dollar can and will collapse), then you need to snap out of it pretty fast for the sake of yourself and your loved ones. The good news is that all hope is not lost if you’re not currently prepared for the collapse of the U.S. Dollar, but you’ve got to act fast since the window of opportunity is closing pretty fast and we’re not kidding or exaggerating here. The monster of economic collapses is already on the porch, getting ready to kick down the door and clear the house with the help of his sidekick: Hyperinflation. The moment they burst through that door we’ve got to be ready to face them in a life-and-death struggle.
A global economic collapse as a result of a collapse of the U.S. Dollar is a mathematical certainty; it is not a case of “if,” but rather “when” it will happen. This time around it will be global in scale and not limited to a certain region, mainly because the U.S. Dollar is, unlike many other fiat currencies, the de facto world currency. E.g. when the Zimbabwean Dollar collapsed, it mainly affected Zimbabweans. In fact, Zimbabweans who were in the know had the opportunity to switch to alternative fiat currencies before the Zimbabwean Dollar completely collapsed. However, when the U.S. Dollar completely collapses, the collapse of all other fiat currencies can be expected, because of the U.S. Dollar’s status as described above.
A fiat currency such as the U.S. Dollar can only function in a debt-based currency system. It can only function if there is an increase of debt every year, an increase in addition to already accrued debt and interest. If not, it gets caught up in a deflationary death spiral which can quickly spin out of control. In fact, debt can never be paid off, because as soon as the debt is paid off, the underlying fiat currency, which is nothing short of a debt instrument, becomes worthless. Money on the other hand, consisting of physical silver, especially silver coins, doesn’t need a debt-based currency system in order to function. The reason being is because silver, physical silver that is, has unlike fiat currencies, intrinsic or underlying value which is totally independent from debt.
The above-mentioned annual debt increases create more and more debt, and the closer the debt gets to the debt ceiling (maximum level of national debt allowed), the lesser the space to keep the relevant monetary system going through the creation of additional debt. Later, like the situation currently is with U.S. national debt, it gets to a stage where the relevant government willingly or unwillingly has to default on the debt or continue to create more fiat currency and thus more debt. The problem with creating more fiat money and more debt, especially when getting close to the debt ceiling mentioned, is the fact that at some stage or another it ends up in hyperinflation, which always lead to at least the destruction of the relevant fiat currency. In fact, when such a fiat currency enjoys a de facto world currency status such as the U.S. Dollar, it has the ability to drag ALL secondary fiat currencies with it into the abyss when it crashes.
To make things worse, when additional ‘money’ is created out of thin air and distributed to bankers and their friends in the corporate world instead of being distributed to the Average Joes who need it most, then it worsens the situation a hundred fold. This is not only financial fraud on a massive scale, but it is a means of stealing from the poor and giving it to the wealthy, it is outright thievery and should have no place in a decent God fearing society. The financial collapse of 2008 in the U.S. was a corporate problem, mainly caused by corporate greed and the “paper gimmick,” but instead of allowing the relevant corporations to default, the U.S. Federal Reserve (the Fed) opted to bail out their friends in Corporate America by creating and distributing additional fiat currency in the form of U.S. Dollars. This is an indirect means of stealing from the public, because it devalues the U.S. Dollars that were in existence before an additional 5 trillion plus U.S. Dollars were created out of thin air. The Fed has by doing this, created a national (U.S.) and global financial crisis which will most definitely lead to the complete collapse of the U.S. Dollar, and most, if not ALL other fiat currencies. This will lead to riots, food and energy shortages, the evaporation of pensions in the form of fiat money, etc. In fact, all fiat based paper assets will be wiped out overnight.
One commentator has perfectly summed up the fraud committed by the Fed and its allies in the U.S. Government and elsewhere: “So let me get this right. The fed prints counterfeit copies of the people’s money instantly stealing the value of those dollars that are in the people’s pockets. They give it to the big banks at the discount rate (currently less than a percent, so basically free) so that the banks can lend the people back their own money????? WHERE DO I SIGN UP!” (Ron Paul: Fall of the Federal Empire, YouTube, chrisdabdoub).
Given what was conveyed on the previous pages, and after watching the videos below, it important to understand that it is of vital importance to protect yourself and your family NOW. You can do this by acquiring real money in the form of physical silver, especially in the form of silver coins, while it is still relatively affordable to do so. Trust us, you don’t want to miss out on a sure thing!