The Coming of the Dollar Collapse
The Function Of All Currencies
The US Dollar, the Pound, the Ruble, etc are all simply I.O.U.s.
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 the ability to be stored.
The Chinese Use The Dollar As Their Reserve Currency
China gave America $10 trillion in goods and got back $10 trillion in U.S. paper.
This is where the cookie will crumble....very soon !!!
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.
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.
When will The Collapse Come
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.....?