Trillions of Lies

The United States dollar (USD) was until recently the unquestioned reserve currency of the world. From the City of London to the Sultanate of Brunei, holding wealth in American currency was as sure as day following night. No one wanted to store what they had earned in the Yuan, the monetary unit of the Red Chinese slave state which was widely known to manipulate the value of her currency by artificially pegging it to what was formerly the true measure of worth, that being the USD. Because the United States Treasury has metaphorically overheated the presses with both America's fiscal and monetary policy run proverbially amok, the dollar is worth less with the potential to become worthless as in Zimbabwe or Weimar money where a wheelbarrow was required to haul the cash necessary to buy a loaf of bread. Thankfully the United States is not there yet but four more years of Obama and Bernanke will have us that much closer to economic oblivion.