posted on Apr, 17 2012 @ 09:51 PM
It is an interesting point. I have heard it explained that the dollar was to be devalued 1 percent per year, over 100 years. Not 1 percent of the
original value, but 1 percent of the previous year's value, hence the insane printing of money recently - nothing matters because the dollar goes
dead after the contract ends so why be prudent.
I have not seen conclusive evidence on the continuation of the contract or the Federal Reserve Debt Note as a means of IOU.
If the contract ends, then yes, it all hits the fan. If the contract rolls over, then the printing of money has to stop or something needs to change.
If a new contract has been signed, we all should know about it. Currently Special Drawing Rights from the IMF - the ability to borrow, is based on a
certain number of Dollar Notes being held by the country wanting to borrow ( as well as silver, gold, etc.). Would those countries be off the hook
should the dollar drop?
More questions then answers.