The Coming Dollar Collapse
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The Function Of All Currencies
The US Dollar, the Pound, the Ruble, etc are all simply I.O.U.s.
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They Were Supposed To Be Backed By Some Collateral
All currencies need a commodity as collateral. It can be hogs,
cattle, lumber, metals, etc. Gold is the standard because of ability
to be stored.
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The Chinese Use The Dollar As Their Reserve Currency
China gave us $10 trillion in goods and got back $10 trillion in
U.S.
paper.
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The International Banker Sets The Exchange Rates
You may wonder, why after fifty years of destruction that the US dollar
is still accepted? Well, it is because the 'International Bankers' set the
exchange rates.
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The Internal Collapse
The inflation has destroyed the dollar, what was worth a $1.00 in
1913, is now worth $.03. Just reverse it and you see that a house that cost $3,000 in
1913, now costs $100,000.
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When The Collapse Comes
When international bankers decide to pull the plug, then we will
eventually need to revert to the gold standard, or some form of
commodity back currency.
And guess who owns the world's gold supplies.
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