What Does a Currency Collapse Look Like?

Dave Hodges * The Common Sense Show

In Part one of this series, I detailed how this administration has set themselves up to roll out martial law like no other martial law in history. Part one further revealed that the mechanisms needed for hard-core martial law are either active or merely waiting in the wings. All that is needed for unmistakable martial law to be rolled out in its entirety, is for the right trigger event to take place.

Will It Be a False Flag Attack Or a Currency Collapse?

My initial response to that question is, does it really matter? The pattern of societal collapse and subsequent governmental enslavement of the American people will be largely the same whether the precipitating incident is a false flag attack or a currency collapse. For the purpose of simplicity, let us call the precursor event to all-out martial law, a currency collapse.

The Federal Reserve Is the Enemy of Humanity

The Federal Reserve has been bleeding this country to death for exactly one century. What the dollar bought 100 years ago, can only buy three cents of product today. This means that 97% of the value of our currency has gone into the pockets of the Federal Reserve.

I am amazed at the abject ignorance of the American people and that they think the Federal Reserve is actually part of the federal government. As we like to stay in the alternative media, the Federal Reserve is no more federal than Federal Express.

The Dollar Is Diving

The world is running from the dollar. Until recently, our dollar was used as the currency of international trading. Further, the dollar was also the reserve currency for oil. All foreign countries wishing to purchase oil from the Middle East, first had to purchase dollars from the Federal Reserve. After FDR took us off the gold standard during the Great Depression and Richard Nixon finished the task of providing America with a totally Fiat currency, the only backing that our dollar enjoys is that of being the reserve currency for both trading and for oil (i.e. the Petrodollar scam).

The major cause of the present calamity is fractional reserve banking. When the government goes to the private Federal Reserve and asks for one trillion dollars, the federal reserve gets to print one trillion for the government, at interest, and 10 trillion dollars for themselves and to lend out at high interest rates. This inflationary practice erodes the value of your dollar while enriching our Federal Reserve masters. Ultimately, the currency upon which we depend on will be destroyed and life as we know it will be changed forever.

A Changing of the Financial Guard

Today, many important nations are running from the dollar. Countries such as India, China, Iran, Japan, and Australia have signed their own trade agreements and their currency of choice is no longer the dollar!

When the collapse of the dollar occurs, it will literally and figuratively come like a thief in the night, and I do mean overnight!

We are all familiar with the concept of inflation, which is the intentional byproduct of the Federal Reserve.  But I am not just talking inflation, I’m speaking about hyperinflation which is caused by the collapse of the value of the currency resulting in runaway prices. Here are three examples of how quickly a currency collapse can occur when a nation’s money when its money no longer holds it value:

1. In Weimar Germany, from 1922 – 1923, prices  doubled  every three days.

2. In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every 34 hours.

3. In Zimbabwe, in the two year period from 2007 – 2008, prices doubled  every 25 hours.

History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape.

What Does a Currency Collapse Look Like?

Generally, when the currency collapses, a stock market crash is right on its heels. Because of the repeal of Glass-Steagall, a banking collapse will immediately occur following the collapse of the stock market. Your life savings will be wiped out. From this point on, the effect cascades like a roaring tsunami racing across the open ocean.

Hurricanes Katrina and Sandy demonstrated that gas stations will be bone dry within two days following a complete collapse. Subsequently, commerce will not move. If you are on vacation like I presently am, you may not make it home. On the second day following a currency collapse, being on the road will be a risky endeavor because of other desperate motorists.

With no available fuel, the grocery and drug stores will be empty within one to three days. There will be no food to be had except for that which is decaying in your refrigerator and that in which you can beg, borrow and steal from your neighbors who will also be begging, borrowing and stealing. If you have an adequate food and water supply, you better have an adequate gun and ammo supply in order to defend your assets. And when will you sleep? The protection of your critical assets is a 24/7 proposition. Therefore, having a cooperative survival plan is critical.

Without gas, people will stop going to work. Corporations will disappear overnight. Hurricane Katrina showed America that the police cannot be expected to stay on the job more than 48-72 hours as they will be home protecting their families and foraging for food and water like everyone else. The emergence of former police gangs will become common in an effort to secure the products which will ensure survival. Therefore, when your home is under attack, there will nobody to call. Everyone will be on their own.

The elderly and the chronically ill will be the first to die. Too old to defend their assets, the elderly will find themselves overpowered as they will make easy preys of opportunity for the roving gangs. The chronically ill will have no way to procure their medication and even if they survive the looting rampage which will follow a currency collapse, these poor souls will perish without access to their life-sustaining prescriptions.

The money in your wallet will be useless. Cell phones will not work. Heating and air conditioning will not work either and depending on the time of year, the environment could prove deadly to untold numbers of people.

Water treatment plants will stop operating for the same reasons that you will not be able to find a cop during this crisis nobody will be manning the water treatment plants. Toilets will back up and diseases will spread like wildfire. Something as simple as toilet paper will become a prized commodity. There will be no trash pickup and more disease will result due to the increased rodent population.

Clean drinking water and hunger will become the dominant motivator in society. Roving bands of looters, turned murderers, will sweep through neighborhoods seeking to obtain these critical elements of survival. Young women will sell themselves for a can of food for their children. Society will see the widespread loss of human dignity and self-respect.

Infanticide and euthanasia of the weak will become common events because there will be decided efforts to reduce the amount of mouths to feed. There will be the stark realization that the lights are not coming back on and the ensuing sense of hopelessness will lead to murder-suicides within families and simple incidences of suicide will be used as a means to escape the horrendous circumstances.

continue article at The Common Sense Show:

http://thecommonsenseshow.com/2013/07/12/what-does-a-currency-collapse-look-like/