Listen as Follow the Money Weekly Radio show host, Jerry Robinson, explains the shocking truth about the coming collapse of the U.S. Dollar. In this video, Jerry Robinson explains the Petrodollar System and how it’s collapse will destroy the dollar.
Jerry Robinson is a popular economist and best-selling author of the book “Bankruptcy of our Nation.” You can learn more about him and his weekly radio show, Follow the Money Weekly, online at http://www.ftmdaily.com
US Dollar, when will it hyper-inflate? Are we all affected when it happens? Yes definitely!
Anything that’s still pegged to the US Dollar that became worthless when Petrol dollar system collapses will be suddenly too expensive to purchase at least for people who have their savings in US Dollars.
Let’s monitor some news about Petrol dollars & warn each others to “Spend” away all the US Dollar and collect something really valuable like skills, food, water, energy & shelter. The rest are still considered as “material” goods that are worth xxxx dollars in the future that we might not afford.
However, with US Economy down…it may means less demand for exports of goods by exporting countries like China which may implode their economy too. This will have a ripple effect throughout the world as the market balance everything out.
The rich may end up poorer with “alternative” investment in other “valuable” assets that deem valuable at that point of time like “properties”, “paper assets”, and other electronic numbers traded worldwide without knowing if the goods they traded in actually exist or knowing the actual demand.
The green technology may end up winner for the “user” but because of hyperinflation, those savings from using green technology may be negligible with rising energy cost.
The next oil price spike is coming soon when the petrol dollar system collapses.
But will we die from the dollar collapse? No, people had been without money in the ancient world for a long time…as they barter trade their goods & services with alternative “valuables” for many many years.
Just think positive & survive in anyway possible regardless of the value of your currency.
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