We already have gold and silver dollars. They have been around since the original Coinage Act. Unfortunately, Americans allowed themselves to become ignorant about lawful money vs legal tender. Regardless, the gold and silver coins remain lawful money, but ignorance among the people has resulted in very few understanding this and very few accept it as payment.
The lawful money in the form o gold and silver coins have a much greater purchasing power than a FRN in the same way a FRN has greater purchasing power than a Mexican peso.
In other words, an FRN may have the same face value, but not the same purchasing power.
The point is that we already have a lawful money currency right under our noses that both the federal reserve, and the government, do not want you to know about. They label it a commodity instead of lawful money and hope no one wakes up to that fact.
BRICS is already economically larger than NATO. With the rest of SCO, and a solid friendship in Asia, it will probably be the first truly global alliance.
People do not realize that the further the dollar declines the more it will actually cost to repay the $50trilliin dollar debt. It’s actually scary that some other nation will own USA
If you owe 50 trillion valuable things then you are in more trouble than if you owe 50 trillion worthless things.
What debt would you rather have - you owe 50 bottles of Methuselah Louis Roederer, Cristal Brut de 1990, cuvée millénium - or you owe 50 cans of bud light?
More like I now own 50 bottles of Methuselah Louis Roederer, Cristal Brut de 1990, cuvée millénium and I'm going to repay you with 50 cans of bud light.
Inflation will be stupendous as those dollars filter back into the states, At first it will be a trickle, then a flood as other nations dump the ever-increasingly worthless fed notes.
For the external world, yes "Biden destroyed the dollar"
But Anons should know that Dollar (specifically FERNS) were destined to die from the day Federal Reserve was created, by design. We are just letting them mop up their own messes and letting them pay for their own evil schemes.
I don't get it, someone throw this brother a bone. if the $ is crashing, it sounds like the Fed is still controlling the new dollar. Seems like that's just as bad, even if gold backed due to the control. That's the part that makes me uneasy.
She's prepping the public for the upcoming precipitous collapse of the USD. Only when it becomes worthless (or next to worthless) will we have reached the precipice.
The Fed has never been audited... unbelievable! They are responsible for printing the US dollar and adjusting interest rates. These actions impact the entire world yet somehow we have no leverage over them? There is no demand for transparency? Well there have been demands for an audit it's just fallen on deaf ears. The Fed says no and everyone backs down.
The dollar as we know it was always going to fail. u/#q2619
Yup can’t fucking wait!! Got some really arrogant co workers who need the red pill tactical nuke.
Yep, better to have it happen under him than GEOTUS.
Nixon killed the dollar August 15, 1971
The Federal Reserve Note is dying, but there will be a new gold backed US Dollar. You don't fucking win by destroying the people's wealth.
And hopefully silver manipulation is destroyed!
We already have gold and silver dollars. They have been around since the original Coinage Act. Unfortunately, Americans allowed themselves to become ignorant about lawful money vs legal tender. Regardless, the gold and silver coins remain lawful money, but ignorance among the people has resulted in very few understanding this and very few accept it as payment.
The lawful money in the form o gold and silver coins have a much greater purchasing power than a FRN in the same way a FRN has greater purchasing power than a Mexican peso.
In other words, an FRN may have the same face value, but not the same purchasing power.
The point is that we already have a lawful money currency right under our noses that both the federal reserve, and the government, do not want you to know about. They label it a commodity instead of lawful money and hope no one wakes up to that fact.
now to see the face when he realizes the 10's of millions he took in bribes and grift is worth next to nothing.
BRICS is already economically larger than NATO. With the rest of SCO, and a solid friendship in Asia, it will probably be the first truly global alliance.
It had to be this way.
NCSWIC
It's got to happen and the sooner the better.
People do not realize that the further the dollar declines the more it will actually cost to repay the $50trilliin dollar debt. It’s actually scary that some other nation will own USA
I think you have got that back to front?
If you owe 50 trillion valuable things then you are in more trouble than if you owe 50 trillion worthless things.
What debt would you rather have - you owe 50 bottles of Methuselah Louis Roederer, Cristal Brut de 1990, cuvée millénium - or you owe 50 cans of bud light?
More like I now own 50 bottles of Methuselah Louis Roederer, Cristal Brut de 1990, cuvée millénium and I'm going to repay you with 50 cans of bud light.
Inflation will be stupendous as those dollars filter back into the states, At first it will be a trickle, then a flood as other nations dump the ever-increasingly worthless fed notes.
🤨🤔🧐
For the external world, yes "Biden destroyed the dollar"
But Anons should know that Dollar (specifically FERNS) were destined to die from the day Federal Reserve was created, by design. We are just letting them mop up their own messes and letting them pay for their own evil schemes.
Translation: The dollar may soon drop like a rock.
And gold shall destroy the fed. Wish it didn't take so long.
I don't get it, someone throw this brother a bone. if the $ is crashing, it sounds like the Fed is still controlling the new dollar. Seems like that's just as bad, even if gold backed due to the control. That's the part that makes me uneasy.
Why you apposed to auditing the fed janet….. bwahahaha
She's prepping the public for the upcoming precipitous collapse of the USD. Only when it becomes worthless (or next to worthless) will we have reached the precipice.
The Fed has never been audited... unbelievable! They are responsible for printing the US dollar and adjusting interest rates. These actions impact the entire world yet somehow we have no leverage over them? There is no demand for transparency? Well there have been demands for an audit it's just fallen on deaf ears. The Fed says no and everyone backs down.
Rickhards has been saying stuff like this since Bush administration .
He also only mentions part of what she said last month. She also said
and
https://unherd.com/thepost/janet-yellen-expect-a-slow-decline-in-us-dollar/