Banking Secrets Revealed: Why the Dollar Could Lose Its Status as the World’s Reserve Currency
by PL Chang
Energy Fanatics
Ever since I went public nearly six years ago by publishing some articles about the secrets of the banking industry, I have been warning people that there is a good chance the dollar could lose its status as the world’s reserve currency. The idea that the dollar could lose its status as the world’s reserve currency is often laughed at by conventional economic experts. These so called economic experts are often arrogant and ignorant, which is why they have such a hard time accepting the possibility that the dollar could collapse.
The current dollar, also known as Federal Reserve note, is a financial instrument based on fractional reserve banking principles. In other words, the current dollar is a note that relies on debt to survive. Monetary systems that rely on debt to survive will always collapse. Why? Because the debt they accumulate will keep compounding until it grows so large that the government won’t be able to pay the interest of the debt. When this happens, we will experience another major economic collapse. The good news is that most debts are fraudulent and thus we aren’t obligated to pay them. How do I know that they are fraudulent? Read further and you will know why.
The picture of the one dollar bill below is evidence that the dollar is a debt instrument and not actually real money. When you look at the image, pay attention to the phrase “FEDERAL RESERVE NOTES” at the top of the front side of the one dollar bill.
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Source: http://www.riseearth.com/2014/07/banking-secrets-revealed-why-dollar.html
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