Thursday, August 27, 2015

Dollar Bubble

Former U.S. Congressman issues the following Economic warnings: In a recent interview, former 22 year U.S. Congressman Ron Paul issued the following warnings to Americans:
  • Currency Collapse in 2015 is INEVITABLE
  • 3 signs of a Currency Collapse
  • The World Reserve Currency WILL change
  • The Fiscal Crisis will cause Federal Government to target 401ks & IRAs
According to Ron Paul “A currency collapse is inevitable.” In the 1980’s President Ronald Reagan said: “No great nation that has abandoned the gold standard has ever remained a great nation.” Without a gold standard there is no limit to government spending. Alan Greenspan has stated, “In the absence of the gold standard there is no way to protect savings from confiscation through inflation.” Alan Greenspan has stated, “In the absence of the gold standard there is no way to protect savings from confiscation through inflation.”
Gold is the international currency and has been for over 4,000 years. Act now before the storm happens. Wouldn’t you rather be a week early than a day late?
1A decline in the value of the dollar (U.S. dollar has lost over 40% of its value since 2000)
2A spike in inflation (Inflation is up over 35% since the year 2000)
3An increase in U.S. interest rates (Federal Reserve is set to increase rates this Fall)
The U.S. Dollar’s time is limited. Act now before the Global Reset. Learn how Gold & Silver can protect you in a currency collapse.
Recently China has increased its trading with Germany, India and others, excluding the U.S. dollar as the reserve currency. In addition 10 Countries have already signed a document to begin phasing out the U.S. dollar as their basis of trade. Even the IMF has proposed a new world reserve currency system. The days of the U.S. dollar as the world’s reserve currency may well be numbered.
The IMF has already stated that the next world reserve currency WILL be backed by GOLD. In 2014 & 2015 China bought more gold than the world produced leading many to believe the next reserve currency WILL be the Chinese Yuan.
Comments
Multiple threats to our economy still exist.  There will be consequences for QE.  Normally its inflation as the US government pays off its debts by debasing the US dollar. It did this in the late 1970s to pay for the Vietnam war and the welfare state.  The price of almost everything doubled.
Norb Leahy, Dunwoody GA Tea Party Leader

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