The United States dollar is almost certain to collapse. Today the value of the USD is about 4 cents or less. It is beyond any logical reasoning as to how the government can possibly think that they can continue to print more and more dollars without assets to back up those dollars. For every Dollar they print, it makes each and every other dollar in existence worth less.
While it is a widely known fact that of all US “money” that exists only about 3-10% of it actually exists in hard currency. The Federal Reserve bank has some sort of electronic tally stick to keep track of what financial institution has what “money”. All they are doing is transferring digits. All this money that does not exist in hard currency only exists on paper or in their electronic tally stick system. The federal reserve note, AKA FRN, is not money. The FRN is a debt instrument. It is nothing more than a promise to pay. FRN’s are issued by the Federal Reserve Bank, AKA FRB.
Where as you are required to keep funds on deposit in your bank account before you write a check, this is not so for the FRB. Your local bank is also required to keep funds on deposit at a bank above them, normally the FRB. The FRB however is NOT required to have any funds on deposit at any bank above them. So the US Dollar is nothing more than a promissory note, AKA FRN. FRN’s are effectively bad checks.
So why is it do you think that you must have funds on deposit in a bank above you, and your local bank is required to have funds on deposit at a bank above them, but the FRB is NOT required NOR do they have funds on deposit at a bank above them. So the USD is nothing more than a bad check. The cat is out of the bag and many banks and people in other parts of the world now realize that we are operating on a fraudulent banking system.
According to the FRB’s own websites and research, the adjusted monetary base has more than doubled in the last 6 months. Please see the feds own research page for this: http://research.stlouisfed.org/publications/usfd/ look at whatever you like here, but I would point out the link to page 3 on this page to support the fact that by the feds own admission they have in FACT increased the monetary base 100% in the last 6 months!
What does this mean? It means that if you had $1000 in the bank 6 months ago, today it is worth half as much, and not $500 as a dollar is NOT worth a dollar. In a short time everyone is going to realize that their USD they hold have been devalued another 50% just in the last 6 months. Imagine what will happen in the next 11 months. The dollar as we know it will die. What is next? First it was the SDR, then it was the Amero AND now we have the DEY emerging. What is coming? hyperinflation followed by a collapse. Trade your USD for silver and you may get out of this with enough money to feed your family. Keep holding those dollars and every day they will be worth less and less and soon they will be only good for a few things. Anyone have a USD I need to blow my nose, they are cheaper than tissues!