Sunday, November 7, 2010

fiat currency

when a countries economy is backed and based on a fiat currency, that is one that has no real value other than the paper its printed on without an intrinsic physical value then this currency becomes useless and when the population registers this in their consciousness and devalues it in their mind, then the country faces financial and economic ruin. this is where america is now. the empire is crumbling at the foundation, the chain reaction was started quite some time ago and will now rapidly deteriorate

No comments: