Sunday, January 2, 2011

The US Dollar Is The International Reserve Currency Right Now

Right now the US Dollar in the world reserve currency, what this means is that it is excepted in almost every country as a form of payment.

But this could change if our Federal Reserve doesn't decide to change it's policy on printing money.

If the other countries in the world decide to change to the Japanese Yen, or the Chinese Renminbi; it would have a devastating affect on our economy.

If you think that the recent recession has affected your life in a bad way, wait until the dollar get's downgraded.

I know you think that this is the United States, and that kind of thing doesn't happen here. It's easy to think that when the dollar has been the world tender for over 50 years now. It hard to imagine that it could all change over night.

If this happens there will be some huge events taking place as a result of it. The first thing that will directly affect you life is hyperinflation.

Right now average price of gas is about $2.80 per gallon, imaging that going up to $8.00 or $10.00 per gallon.

At that rate even your little ECO car doesn't seem that cool, but think about the consequences that are a direct result of the gas prices raising.

First of all the normal means of delivering food will jack the rates to get the commodities to o you.

This means that the prices of food and water hit a high point that none of us can afford. But consider this; as the prices of gas rise even higher the freight companies will start to go out of business, or just quit delivering the commodities to the stores when they can no longer afford to pay them.

To solve this problem that government will simply print more money, and deflate that value of the dollar even more. Then comes the lay offs, downsizing, and firing that will follow these events.

As this begins to get worse that will be rioting in the streets, do you think that the country of Greece thought that there would be people rioting in the streets?

I'm sure that those people never thought it would go as far as t it has.

The things that have happened over there will look like small potatoes when this country go's down. I like every other American never though that these things could happen in this country.

But I know better now. Now is the time to start thinking about the possibility of this happening here, and to you and your family.

There are already cities within cities, these cities are composed of tents, boxes, plastic, and anything that people can stay out of the weather with.

That sounds mighty American; and not a bit like a 3rd world country doesn't it? This is not what our country is supposed to be.

But it is what happens when a government digs itself a hole that it can't climb out of, a hole that could bankrupt this country.

The government continues to bail out, prop up and help companies like Fannie Mae and Freddy Mac. We just couldn't let them fix there own problems could we boys.

To this I say, stop printing, bailing out, propping up and blowing this countries resources on nonsense. Stop wit the anti-business policies from the White house.

Stop trying to expand the size and scope of government, give control back to the people. It's time to get off of your high horse, or pay the cast president Idiot Ovama.

It's time to kick the socialist agenda to the curb, it's time to be Americans or get out of office. It's time to return to the constitution of this country to govern from.

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