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Originally posted by TheImmaculateD1
If you think the Govt is going to run out of funding you are sorely mistaken as we have more then enough money held in reserve to handle matters like this.
Originally posted by SonOfTheLawOfOne
The only way out would be to leave the dollar alone for all international holders outside of the US, and raise a new currency within the US for all holders here. Basically keep both currencies, but American citizens would be able to redeem Fed Notes 1-1 for whatever new currency, and the international holders would have to eat a 25% or more loss of value on the current dollar. This is the only way I see the Fed being able to continue their scheme and not bring about full revolution in the streets.
Originally posted by TheImmaculateD1
If you think the Govt is going to run out of funding you are sorely mistaken as we have more then enough money held in reserve to handle matters like this.