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World Fiat Money System is Bankrupt: Demise of the Global US Fiat Dollar Reserve Currency

Matthias Chang
Global Research
Fri, 01 Nov 2013 00:00 CDTPrint

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Matthias Chang
Major issues or trends do not change on a daily or even monthly basis. A trend may take a few years to run its course and unless there is a major factor that may affect the trend, there is hardly any need to comment any further on the trend or outcomes.

The events unraveling post Bernanke's decision not to taper QE is most significant because it confirms our analysis that the banking crisis has not been resolved in any significant way after five years of money printing and massive asset inflation. The fiat money system has but one outcome - total collapse. It will also mean the demise of the global US dollar reserve currency.

There are no solutions at hand.

Bernanke is totally discredited and his continued tenure as Chair of the FED would only accelerate the realisation that the FED and all central banks have failed. Hence, the need to change the "leadership" at the FED, but the same policies would be followed with some cosmetic changes to hoodwink the ignorant masses. It is analogous to the transition from the second Bush presidency to that of Obama and all the theatrics of "change" propaganda. In fact, Obama is Bush 2 on steroids! Yellen will be Bernanke on steroids. Why are we so certain of this outcome at Future Fast-Forward?

Our reasons are as follows:

read more http://www.sott.net/article/268321-World-Fiat-Money-System-i...



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Mr. Chang thinks dollars, new

Mr. Chang thinks dollars, new homes, Big Macs, pizza and Pepsi are going out of style.

Gee, I wonder who this communist douche bag works for...Obama or China?

Never be afraid to ask simple questions.

All the things you have listed are owned by the banksters owned

The FED has us all an a taxpayer treadmill that will never end if the banksters stay in control. They also have us on a interest treadmill that works the same as taxes, in that it funnels all money back to the 1%.

Here is a video that explains the way our system was setup by the founding fathers, and how the banksters corrupted it: http://www.youtube.com/watch?v=96c2wXcNA7A

A fiat currency would be okay if we had honest people with integrity in our Government and banks, but we do not. This is the reason all fiat currencies crashed in the past, it becomes corrupt with criminals.

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

PBS? NPR?

PBS? NPR?

Never be afraid to ask simple questions.