Originally published December 31 2014
Mass murder, widespread starvation and even cannibalism accompany a currency collapse
by Natural News Editors
(NaturalNews) (Story by Dave Hodges, republished from TheCommonSenseShow.com) As we race toward the end of the year, we all need to be asking each other if we have done everything that we can do to prepare for the impending collapse of the Federal Reserve Note, that we call the dollar?
Why would I ask such a ridiculous question? Simple, our economy is on the brink with our $18 trillion dollar deficit, our $240 trillion dollar unfunded liabilities (e.g. Social Security, Medicare), our negative national savings rate, the planned bail-ins of your savings accounts and of course, the mother of all debts, the estimated one quadrillion dollar credit swap derivative debt. With the full implementation of the free trade agreements, America has virtually no other source of revenue (e.g. tariffs) than the $2 trillion dollars of annual tax collection. The United States could spend every dollar, dime and nickel on these debts and not pay them off by the 50th century! An economic collapse is inevitable and it will come like a thief in the night. You will have virtually no warning from the MSM.
The collapse will be more massive than the 1929 crash! There will be no breadlines, no government welfare, no handouts, your pensions will be cut off as will your social security. You may or may not have a job to go to, but even if you do, who will cash your check. After the coming crash, our society will be reduced to trading and bartering one hand and thievery, murder and cannibalism on the other.
A Changing of the Financial Guard
The nations presently running from our petrodollar are India, China, Iran, Japan, South Africa and Australia have signed their own trade agreements and their currency of choice is no longer the dollar!
We are all familiar with the concept of inflation, which is the intentional byproduct of the Federal Reserve. But I am not just talking inflation, I'm speaking about hyperinflation which is caused by the collapse of the value of the currency resulting in runaway prices. Here are three examples of how quickly a currency collapse can occur when a nation's money no longer holds it value:
- In Weimar Germany, from 1922 - 1923, prices doubled every three days.
- In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every34 hours.
- In Zimbabwe, in the two year period from 2007 - 2008, prices doubled every 25 hours.
Read the entire article at TheCommonSenseShow.com.
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