The US Dollar is a Ponzi Scheme

by • November 14, 2013 • Top StoryComments Off on The US Dollar is a Ponzi Scheme1092

One Russian lawmaker is trying to make it illegal to posses US dollars.  Said lawmaker calls the US dollar a ‘ponzi scheme’ that will become utterly valueless by 2017.  While that is a stark claim, it’s not entirely off the mark. As long as major commodities like oil and gold continue to be traded in US currency, everything will be hunky–dory, but if the international community gets wise to America’s woes, things will go down hill in a hurry. Be aware, comrade.

Links

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Top Photo: ImipolexG via Flickr

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