Death of the d0llar?

The death of the d0llar has been predicted by a number of people now for quite some time. Trouble is, this isn’t the movies. Not everything happens is 90 minutes. We’ve forgotten that somehow.

The US maintains a very strong worldly position simply because it has managed to make the world use it’s dollar for Gold, oil, as a reserve currency and so on. And guess what? The stupid world agreed !

But the whole economic system is a fraud, and by its very nature is inflationary. More money has to keep on being produced to pay off the usurious aspect of it. It was only a matter of time until the whole thing blew up. That’s why in late November 2005, the US federal reserve (a privately owned bank which makes huge amounts of profits lending money to the US government) stopped publishing what is called M3 – a report of how many dollars are in circulation. Therefore they can continue to print more dollars to their hearts content and inflation is harder to assess. It is a bubble however; eventually that bubble will pop.

When this happens the US will try and relaunch a new currency in effect making its old rag the dollar worthless leaving people who hold dollars fraudulently impoverished. The Amero perhaps.

Suggested reading by Jerome R. Corsi, . Notice the Date Dec 2006, the spot on financial analysis given. Also notice the timeline Nov ’05 M3 publication abandoned. hidden monetary inflation, ‘awash’ with credit and then the credit crunch.

The small and medium fry in the US will experience a lot of pain if this happens (worsening pain!) but the outcome may well produce a monetary beast of greater savagery, however this is not certain. It is important therefore that the current dollar hegemony is broken so that it isn’t propped up on commodities such as gold or oil and doesn’t allow the US to have a financial strangle hold on the world.

Iran is leading the way with its purported oil trading market (oil bourse) which trades oil in non-dollar currencies. And just recently we have Argentina and Brazil do away with the dollar for bilateral trade. Hourray.

The drawn out demise of the dollar is continuing. It’s getting harder and harder to create new bubbles to encapsulate the old which maintains the appearance that everything is a-ok. 

Furhter reading:

The $64 Trillion Question: What’s the Dollar Really Worth?

An Interview with Economist Michael Hudson:The Worsening Debt Crisis: Who Got Us into This Mess and What are the Real Political Options? – By: MIKE WHITNEY

Want some trash?



0 Responses to “Death of the d0llar?”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Viva Palestina – break the siege:

Viva Palestina - break the siege

This blog supports victims of western aggression

This blog supports victims of western aggression

BooK: The Hand of Iblis. Dr Omar Zaid M.D.

Book: The Hand of Iblis
An Anatomy of Evil
The Hidden Hand of the New World Order
Summary Observations and History

Data on Fukushima Plant – (NHK news)

Fukushima Radiation Data

J7 truth campaign:

July 7th Truth Campaign - RELEASE THE EVIDENCE!

Recommended book: 3rd edition of Terror on the Tube – Behind the Veil of 7-7, An Investigation by Nick Kollerstrom:

J7 (truth) Inquest blog

July 7th Truth Campaign - INQUEST BLOG
Top rate analysis of the Inquest/Hoax

Arrest Blair (the filthy killer)

This human filth needs to be put on trial and hung!


JUST - International Movement for a Just World


Information Clearing House - Actual News and global analysis

John Pilger:

John Pilger, Journalist and author

Media Lens

My perception of Media Lens: Watching the corrupt corporate media, documenting and analysing how it bends our minds. Their book, 'Newspeak' is a gem.

Abandon the paper $cam:

Honest and inflation proof currency @ The Gold Dinar
September 2008

%d bloggers like this: