Currency Crisis: How Much Longer Until it

Hits the US?

by Makia Freeman / June 19th, 2015
A currency crisis is coming to the US and its only a matter of when, not if. Many have been
warning about it for years, from politician Ron Paul to economist Peter Schiff to many other
voices in the alternative media. Its a mathematical certainty, and a question of when, not if.
Recent events, within the US and abroad, are beginning to indicate that its going to happen
sooner rather than later. No one knows exactly when; there are way more predictions that
dont come true than those that do. However, making an accurate prediction of the exact date
when the currency crisis hits is not as important as getting spiritually, mentally, financially
and physically prepared for it.
Currency Crisis Rather than an Economic Collapse
When I use the term currency crisis to describe whats coming, I dont necessarily mean an
economic collapse. There was an economic collapse in 2008 when the stock market crashed
and the real estate/housing bubble burst (just as other bubbles have burst in the past like
the dot.com bubble), but many ordinary Americans were unaffected by that. I am saying that
a currency crisis will occur and that it will affect everyone, even people living outside the US,
but especially those living inside the US and holding the majority of their wealth in US
dollars. By currency crisis I mean the destruction of confidence in the US dollar to the point
where people and nations do not trust it anymore as a safe storage of value, and do not want
to use it any longer to transact.
Watering Down the Dollar to Escape Debt
Ever since the end of World War 2, the US has enjoyed tremendous prosperity, partly due to
the US dollar acting as the worlds reserve currency, and also partly due to the institution of
the petrodollar, the system whereby nations must trade oil in US dollars. However, both of
these are starting to break down. The US has gone from the worlds largest creditor nation to
the worlds largest debtor nation. Since all this debt is denominated in US dollars, the elite
cabal in charge of the US dollar, the Rothschild-Rockefeller Federal Reserve cartel, decided
to do what any criminal would do: water down the debt so as to not have to pay back as
much. Think about it: if you owed money in a certain currency to someone, and if you were
in charge of determining the value of that currency, and if you had no scruples, wouldnt you
just make the value of that currency worth less to save yourself money?
This explains the disastrous rise in the US money supply we have witnessed in the last 10
years or less, so extreme it is without historical precedent in America. The money supply has
increased exponentially since around 2006. The US national debt stands at around US$18.271
trillion; the first $8.5 trillion of debt took 216 years to accrue (from 1790 2006), whereas
the next $8.5 trillion of debt took only 8 years to accrue (2006 2014). As Michael Snyder
writes, the US national debt is now more than 5000 times larger than it was when the Federal
Reserve was created back in 1913!

The big consequence of the US Government trying to escape its debts is that people begin to
see all these excess dollars in circulation. They realize that each dollar is now worth less,
because there are way more of them. Thats inflation. With the watering down of a currency
come the inevitable watering down of confidence. And confidence has been all that has been
backing the US dollar ever since 1971 when Nixon suspended the convertibility of dollars to
gold, or took the US dollar off the gold standard. Once confidence is gone, it is very difficult
or impossible to regain.
BRICS and a New Reserve Currency
That is why nations around the world are starting to make other arrangements. Iraqs Saddam
Hussein and Libyas Muammar Gaddafi both tried to break away from the domination of the
petrodollar in attempting to sell their oil in other denominations. Sadly, both were demonized
by the elite-owned western mainstream media, had their countries invaded on false pretenses
and were ultimately assassinated. However, the game has changed since then, and now a
group of powerful nations known as BRICS (Brazil, Russia, India, China and South Africa)
have begun making their own trading arrangements. China has even come out urging the IMF
to consider its currency the Renminbi as the new world reserve currency, and recently
founded a new international development bank in an attempt to create an alternative to the
Anglo-American dominated IMF and World Bank. Even traditional American allies like
Australia and Britain jumped right on board with this new bank, much to the dismay of the
US.
For far too long, the US has been living in a fake, fantasy economy. The coming currency
crisis represents the tipping point we are about to reach when a critical mass of people,
investors and nations completely lose confidence in the dollar. At that point, the cost of
financing the debt becomes too much, interest rates start to rise again, prices skyrocket, there
is hyperinflation and all of a sudden peoples life savings are worth a portion of what they
used to be worth. Its a scary scenario but the natural, inevitable consequence of the reckless
borrowing and money-printing the US Government has engaged in for the last decade or so.
Remember, the US Government can declare fiat or paper money as legal tender, but it cant
legislate confidence or generate trust in it.
Official Stats Show True, Sickened State of the American Economy
Official US Government statistics paint a true picture of the state of American finances (see
Stefan Molyneuxs video embedded above). More people than ever are on food stamps and
welfare; the Government is fudging the figures to hide the real number of unemployed; and
the Government has no real way to pay pensions and social security going into the future.
When the currency crisis does hit, the dollar will either crash to zero or be severely devalued
and it could all happen in a matter of hours, not days, weeks or months. It could get ugly.
When prices skyrocket, pensioners and others on a fixed income will be the worst affected,
since the same amount of income will only buy a fraction of what it used to. A bank holiday
may be declared to stop a run on the banks; ATMs and other ways to access cash may be shut
down; there may be riots and social unrest; martial law may be declared.
Will the Currency Crisis Occur in 2015?
Will the currency crisis occur in 2015? No one knows, but if so, it might explain why the elite
have scheduled Operation Jade Helm 15 for this year. In politics, nothing happens by chance,

as FDR once said. See this article for more on the deeper implications and causes for concern
regarding Jade Helm, but basically, it violates the centuries-old legal principle of Posse
Comitatus (an Act passed in 1878) which forbids the US military from being deployed on US
soil. It declares certain states as hostile especially Texas, which just so happens to be home
to a massive number of gun owners, patriots and secessionists who would fight the Federal
Government to the death (Texas, by the way, just passed legislation to build its own gold
depository and demanded US$1 billion of its gold back from the NY Federal Reserve!). It
further blurs the distinction between the police and military. It encourages the US military to
become a guard-dog and private army of the elite, able to be deployed against anyone whom
the elite declare an enemy of the State. Is this all just a coincidence? Citizen journalists
have caught copious video footage of military vehicle movements around America in the last
few months. Is it just a coincidence that some of this is happening in Jade Helm states, such
as California, Nevada and Texas?
We dont know why all this is happening, but one things for sure: you need to get informed
and prepared. The writing is on the wall. Knowing about all these possibilities helps you
connect the dots together and make better decisions from an informed state. Forewarned is
forearmed. On a practical level, invest in tangible things such as food and water reserves,
gold and silver, survival supplies, and real estate or farmland. Use the upcoming currency
crisis and Jade Helm as a wake-up call the fantasy economy cant go on forever.
Makia Freeman is the editor of The Freedom Articles and senior researcher at
ToolsForFreedom.com, writing on many aspects of the the global conspiracy, including info
on natural health, sovereignty, and higher consciousness. Read other articles by Makia.
This article was posted on Friday, June 19th, 2015 at 3:57am and is filed under BRICS,
Classism, Currency, Debt, Economy/Economics.
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