What will happen if the "Dollar Collapses" In 13 September 2015





 What will happen if the "Dollar Collapses" In 13 September 2015
Maxwell Payne
Why a complete economic collapse in the U.S. is unlikely even if the dollar loses 100% of its value.

Disclaimer: This article is opinion based with likely scenarios derived from logic based situations.

Discussion includes doomsayer fears, logical outcomes, and a good example of how currency value is subjective.

It is well known that the U.S. Federal Reserve continues to print money to pay down debts owed to countries such as China. It is also known that the Fed printed billions to "bail out" banks and create "stimulus" plans to boost the economy.

There are a lot of doomsayers on the internet and in media that say this devalues the U.S. dollar both locally and globally. Technically their claim is correct: each dollar used to be backed by actual gold; that backing was removed in the 1970s and ever since then money could basically just be printed up.
But this is where the doomsayers logic ends. Their belief is that because money's value is only as good as the economy's belief in it, the value can disappear because there is no gold backing the paper money. Once confidence in the dollar is lost, many doomsayers say that the U.S. economy will completely collapse.
A few popular predictions are being made across the internet and in the media by doomsayers:
vanished and now gold is the only accepted currency. The concept cited is "hyperinflation."
When the dollar collapses we will be thrown into a state of chaos and lawlessness. Money will be burned like in Germany a few decades ago due to lost value. People will steal and commit other crimes to stay alive and with no economy there will be no one working to maintain the infrastructure.
Gold and silver will become the standard once again. Which is oddly suspicious, because when you Google anything about the dollar collapsing, you get a lot of sites trying to sell you gold and gold trading schemes.
Since other countries are trying to move the World Reserve Currency away from the U.S. dollar due to decreasing value, the U.S. will be left high and dry by the other countries.
Countries will stop lending to us and the interest on the existing loans will default.
What is likely to happen if the U.S. dollar collapses (based on something known as "logic"). Here are a few possible situations:
1.) The U.S. dollar collapses and there is a brief time of chaos. However the U.S. chief export is consumption, we consume the highest amount of resources and goods in the world. Countries that once sold to us can no longer sell if there is no money, so the dollar could in theory be propped up by another currency. Imagine a dollar backed by the yen, the Euro, or once again by gold.
2.) There are over 300 million "consumers" in the U.S. Other economies would suffer if U.S. citizens suddenly lost all of their money and their spending power. The U.S. could adopt another currency or begin consuming using multiple currencies and abandon the dollar. Financially, it makes little sense to let a huge consumer base collapse and vanish so global companies and countries that export often to us will step in.
3.) Like a repo man coming to collect his due, the countries that the U.S. government owes large amount of debt to will come in to collect their payment. Of course what happens if someone can't pay? Things get taken away. China, a country who the U.S. owes billions to could technically lay claim to the U.S. So we would become a part of another country altogether.
As an interesting side note, some local towns in America have started to print their own currency that is traded and accepted among merchants within the town. This shows an extremely important concept in the debate of what happens if the dollar fails.
The townspeople in these towns aren't backing their local money with gold or other currency, rather they back it with their confidence. The local money has zero actual value; the only reason it is useful for purchases in the town is because businesses and people that accept it agree that is has some value; they can accept it for a sale and take it to another accepting business to trade for goods and services.

This experiment is a microcosm of the national economy and even the global economy, paper money's primary value exists only because the economy continues to believe in its value.
Technically you could pick up an orange and claim that oranges are equivalent to what was once $100. If a lot of people also believed it, you'd be buying and selling in oranges instead of dollars.
In the end one key concept came to mind when trying to dispel the doomsday predictions: As long as you have some currency that the economy sees as having value you can continue to make and spend money. Does it matter if that currency is the U.S. dollar, a Euro, gold, or an orange?





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The Truth About Obama -- The Alex Jones Show July 17 2015


The Alex Jones Show (VIDEO Commercial Free) Friday July 17 2015: Peter Schiff & Chuck Baldwin





 Date: 07/17/2015 --
-Today -
On this Friday, July 17 edition of the Alex Jones Show, we cover how President Obama lectured Americans on respecting Islam before he paid tribute to the four Marines killed by an Islamic terrorist in Chattanooga, Tenn., on Thursday. Obama is really showing off who he really is as his presidency draws to a close. Also, we report on how the Chattanooga shooter's family was known to the FBI for years and how a House Committee passed legislation to create a special domestic terror unit the day before the shooting. In economic news, financial expert Peter Schiff reveals the latest on our declining economy and pastor Chuck Baldwin discusses the Confederate flag controversy. Tune in!






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ISIS attack America. Starts to get dangerous. Then Martial Law

ISIS was tweeting about Chattanooga the same time the attack took place 










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What is Crony Capitalism? | Follow The Money

 This is an excerpt from the Follow the Money Weekly podcast hosted each week by economist and author, Jerry Robinson.

In order to understand the depths of the corruption that permeates Washington and Wall Street, you must first understand what crony capitalism is, and why it is so destructive to America's democratic process.








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JADE HELM 15: Covert SkyNet





The Jade-2 System is a "Network Centric Software Based Artificial Intelligence Program at the Helm (ie Jade Helm)."

Recently obtained Department of Defense documents reveal the true nature of Jade Helm 2015. They're testing a new command and control protocol called the Jade-2 System. Analysts describe the Jade-2 System as a highly sophisticated Artificial Intelligence network that is "self-aware" and plugged into numerous agencies and monitoring human activity, foreign and domestic... From CCTV to social media networks. It's purpose is not only military, it is for the entire human domain.

This full spectrum analysis of the Jade-2 Artificial Intelligence System will have you thinking skynet has just arrived. Jade 2 is in command & control of the Jade Helm exercise... we say again, Jade-2 is at the helm and it is fully aware and operational.







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CONFEDERATE FLAG RETURNS - A Divide & Conquer Agenda by Elite?






 A few protesters waving large Confederate battle flags greeted President Obama as he arrived at his hotel in Oklahoma City on Wednesday. “We’re not gonna stand down from our heritage. You know, this flag’s not racist. And I know a lot of people think it is, but it’s really not,” said Trey Johnson, who drove three hours from Texas to join the protest. “It’s just a southern thing, that’s it.”

Have you heard the new one about how Bill and Hillary Clinton’s decades of civil rights advocacy was just a cover for their closet Confederate sympathies? But the national debate over the future of the Confederate flag that flies in front of the state’s capitol has unwittingly given rise to one of the more bizarre Clinton conspiracy theories to date: that Bill and Hillary Clinton, despite decades as civil rights advocates and their right-wing caricature as Northeast liberal elites, are closet Confederate sympathizers.

From a bikini to a bottle opener to a belt buckle, the Confederate flag shows up on all sorts of merchandise online. eBay said it would ban the sale of the flags and "many items containing this image,"Johanna Hoof, an eBay Just hours after eBay's announcement, an Amazon official, who was not authorized to comment publicly, confirmed that Amazon is pulling down Confederate flag merchandise.

The action comes In the aftermath of the racially charged massacre of nine black worshipers in Charleston, S.C., last week. Major retailers Walmart and Sears also announced they would stop selling items depicting the Confederate flag. a search for "Confederate flag" on eBay yielded thousands of results falling under cellphones and accessories, sporting goods, jewelry and watches, crafts, computers, even pet supplies. A similar search on Amazon yielded nearly 30,000 results. If Jeb Bush, Marco Rubio, and the other serious contenders for the Republican nomination state capitol in Columbia, Haley didn’t just do the right thing by the victims of last week’s mass shooting at the Emanuel African Methodist Episcopal Church in Charleston black parishioners in a South Carolina church and the arrest of a white suspect By midafternoon Tuesday, the Dixie Flag Company in San Antonio had sold 25 Confederate flags in 24 hours, according to the company’s president, Pete Van de Putte. Usually, the company has no more than three orders a week for the flags and sometimes only three in a month, he said.

But, the Battle Flag of the Army of Northern Virginia is an important symbol for others. Frank Earnest of Virginia Beach, the great-great grandson of a Confederate soldier, and himself a member of the Virginia Division of the Sons of Confederate Veterans, calls McAuliffe's decision a betrayal. Hillary Clinton commended the groundswell in anti-Confederate flag sentiment at an event in Missouri on Tuesday, calling the battle flag "a symbol of our nation's racist past."

The shooting, Clinton said, was "an act of racist terrorism perpetrated in a house of God," but one where the men and women killed "did not die in vain, did not be overcome by evil, but overcome evil with good. Of all the Republicans running for president, Jeb Bush has the most direct experience dealing with the Confederate flag, a symbol once again dominating national debate in the wake of a deadly shooting at a Charleston church last week. It seems he has changed his tune in the last three years somewhere, however, given that he was using the symbol during his 2012 re-election campaign. Hillary clinton had her own brand of Confederate merchandise in 2008. Indeed, Obama had his own Confederate flag campaign badge, which states “Where the confederate flag still flies, we have built a powerful coalition of African Americans and white Americans




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Dr. Jerome Corsi: Trump Is The Real Deal

Dr. Jerome Corsi joins the show to discuss the political persecution of Obama critic Donald Trump and former Reagan policy advisor Dinesh D'Souza and more.










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"Global Debt Storm Thickens" with CEO Jonathan Wellum, RockLinc





In this interview, we talk about the worldwide "Debt Storm" which continues to grow every year with mkost countries printing money...what is the end game? Founder of RockLinc Investment Partners Inc., Mr Jonathan Wellum gives us his insights on how to invest in the market.

Prior to founding RockLinc Investment Partners Inc. (http://www.RockLinc.com), Jonathan began his investment career with Portland Investment Counsel (formerly AIC Investment Services) in 1990 and served as a member of the firm's senior management team. In August 2002, he was appointed Chief Investment Officer and subsequently, in October 2006, Jonathan was appointed Chief Executive Officer.

During his tenure at Portland Investment Counsel, Jonathan managed the AIC Diversified Canada Fund as well as a number of equity mutual funds. He also co-managed a number of exchange-traded funds and was responsible for Portland's Private Client business which included high net worth and institutional clients.

In 1995, Jonathan was named Fund Manager of the Year by the Investment Executive Magazine and in 1997 awarded Fund Manager of the Year at the Canadian Mutual Fund Awards Gala. In addition, Jonathan was a recipient of Canada's Top 40 under 40.

Prior to establishing his career in the investment industry, Jonathan held positions in corporate accounting at Deloitte & Touche as well as CUMIS Insurance. He is currently a senior fellow for Cardus, a leading Canadian based think tank, and a member of the McMaster University Investment Pool Committee. Jonathan is also the Board Chair for the Golden Horseshoe Venture Forum (GHVF) which is an industry lead, non-profit organization whose mandate is to foster the growth of entrepreneurs.

Jonathan holds a Bachelor of Commerce and a Master of Business Administration degree from McMaster University, and Bachelor of Science degree from the University of Waterloo. He completed his formal education with a Master of Arts degree in Theology and Philosophy from Trinity Seminary (Chicago). He also holds the designation of Chartered Financial Analyst (CFA).





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Peter Schiff on Greece, Puerto Rico, and America's Looming Economic Crisis





"What's happening in Greece and what's happening in Puerto Rico is going to happen in the United States," says investment guru and radio host Peter Schiff, CEO of Euro Pacific Capital.

"Once the Greek creditors began to question the solvency of Greece they demanded higher interest rates," Schiff explained during a recent interview with Reason's Matt Welch. "The minute our creditors figure out we are in the same position as Greece or Puerto Rico, they're going to demand higher interest rate from us and we can't pay either."

About three and a half minutes.

Hosted by Matt Welch. Edited by Joshua Swain. Cameras by Meredith Bragg and Paul Detrick.




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Alan Watts ~ Wake Up ~ Stop Sleeping Through Life






It is futile to fight one habit by another habit

Questioner: If I understand you rightly, awareness alone and by itself is sufficient to dissolve both the conflict and the source of it. I am perfectly aware, and have been for a long time, that I am 'snobbish.' What prevents my getting rid of snobbishness?Krishnamurti: The questioner has not understood what I mean by awareness. If you have a habit, the habit of snobbishness for instance, it is no good merely to overcome this habit by another, its opposite. It is futile to fight one habit by another habit. What rids the mind of habit is intelligence. Awareness is the process of awakening intelligence, not creating new habits to fight the old ones. So, you must become conscious of your habits of thought, but do not try to develop opposite qualities or habits. If you are fully aware, if you are in that state of choiceless observation, then you will perceive the whole process of creating a habit and also the opposite process of overcoming it. This discernment awakens intelligence, which does away with all habits of thought. We are eager to get rid of those habits which give us pain or which we have found to be worthless, by creating other habits of thought and assertions. This process of substitution is wholly unintelligent. If you will observe you will find that mind is nothing but a mass of habits of thought and memories. By merely overcoming these habits by others, the mind still remains in prison, confused and suffering. It is only when we deeply comprehend the process of self-protective reactions, which become habits of thought, limiting all action, that there is a possibility of awakening intelligence, which alone can dissolve the conflict of opposites. - Krishnamurti, Collected Works, Vol. III,73,Choiceless Awareness




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Webster Tarpley in favor of the Iran Nuclear Deal









 Webster Tarpley is an American historian, economist, journalist, lecturer and a critic of U.S. foreign and domestic policy.

He received a BA degree summa cum laude in English and Italian from Princeton University in 1966. While a student at Princeton he became a member of Phi Beta Kappa, and was a Fulbright Scholar at University of Turin in Italy. Tarpley also obtained a MA degree in humanities from Skidmore College, as well as a PhD from the Catholic University of America in History.

As a European based journalist in the 1980s, Tarpley wrote a study on the assassination of Prime Minister Aldo Moro. The study claimed that the murder was a false flag operation orchestrated by Propaganda Due (a Masonic Lodge) with the cooperation of senior members of the Italian government secret services that was blamed on the Red Brigades.

As an activist historian he first became widely known for his book George Bush: The Unauthorized Biography (1992), a masterpiece of research which is still a must read.

During 2008, he warned of the dangers of an Obama presidency controlled by Wall Street with Obama: The Postmodern Coup, The Making of a Manchurian Candidate and Barack H. Obama: The Unauthorized Biography. His interest in economics is reflected in Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History Against Oligarchy. He is currently completing a study of Pearl Harbor as an episode in Wall Street's war against President Franklin D. Roosevelt, the New Deal, and FDR's economic bill of rights. His books have appeared in Japanese, German, Italian, French, and Spanish

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Henry Kissinger

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Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

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“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
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The Tax you pay is The Bill for Staying Stupid

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The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
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Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
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"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
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No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
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Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
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What You Own Owns You
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If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
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Failure inspires winners but defeats losers
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“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN


Let me tell you why you're here. You're here because you know something. What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about?


Morpheus The Matrix 1999