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To: rusty schucklefurd

What’s actually going to happen is that the Federal Reserve Note - that many people continue to call the ‘Dollar’ - is going to continue hemorrhaging buying power. Shadowstats estimate it at about 6 to 8% a year.

Since Nixon closed the Gold window the whole world has been using Fiat currencies: mere pieces of paper backed by Government force and increasingly unrealistic Government promises. Their buying power is bleeding away - just like the FRN.

Buy precious metals. Also: add to your stock of food, stores, tools, ammo. Make all the usual FReeper preparations.

But do not stay in paper money and paper promises.


11 posted on 04/13/2014 12:28:20 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

The US Dollar will eventually become the American Dollar or Americas Dollar. This would be made possible by the Democrats ushering in Immigration (Read NAFTA) for Canada-US-Mexico; eventually from North to South America. The current debasing of the US Dollar is almost complete, time for an Economic Union and Trade Zone second only to the EU.


22 posted on 04/13/2014 3:00:58 AM PDT by Jumper
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