Déjà Vu: When Money Dies
Janet Tavokoli / Hufffington Post Blog
An important element of national security is the soundness of our currency. Before a currency goes into freefall, its value can be chipped away while a distracted population fails to notice that the currency buys cheaper quality clothing and less food in a package at a grocery store. This can drag on for decades, and sometimes the currency doesn’t go into freefall, it simply slowly erodes in value. That’s the current situation with the U.S. dollar.
There are two more presidential candidate debates and one vice presidential candidate debate coming up. I’ll be watching with interest to see what our candidates propose to do about protecting the value of the dollar in wake of our ongoing financial crisis.
Currency in Freefall
But what happens when a country’s currency is in freefall? You need look no further than current turmoil in Iran to find out. Meat is a luxury item. People are hoarding food because prices are skyrocketing. Relative to the dollar, the rial dropped 60% in eight days including a drop of 18 percent on October 1. Yesterday the rate was 36,100 to the dollar, but you couldn’t trade the rial for dollars. In other words, the currency stopped being convertible.
continue at Huffington Post Blog here:
http://www.huffingtonpost.com/janet-tavakoli/deja-vu-when-money-dies_b_1938668.html
Fair Use Notice: This post contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are makingsuch material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any suchcopyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest inreceiving the included information for research and educational purposes. For more information go to: www.law.cornell.edu/uscode/17/107.shtml.If you wish to use copyrighted material from this site for purposes of your own that gobeyond ‘fair use’, you must obtain permission from the copyright owner.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,815,111,613 |
| Stories: | 8,660,519 |
Whistler Blowers, Insiders
