A US Dollar Reset is a Polite Way to Say US Declared Bankruptcy

in #money7 years ago

Lynette Zang delivers an eye-opener, even to those who thought their eyes were open. 

Given that the US Dollar will go to zero, and any dollars you are caught holding will be devalued at least at a rate of 1000:1, if you currently hold US Dollars convert them to the goods and services you anticipate you may need and/or convert them to assets that produce/provide services and/or products required to live.

It may come to bartering or exchanging commodities or using commodities as money.

Acquire precious metals in common weights This is a way to preserve your purchasing power. Bullion bars are less portable and may purchase more than you can handle. (The vendor may not have "change" to offer you.)

Cryptocurrency is fine, however you will have no access if access to an unrestricted internet is limited or non-existent.  Interesting that the "dollarcoin" will involve blockcahin technology and smart contracts.

Now I am feeling a bit more urgency to convert my US Dollars as soon as possible. No joke.

So, if this isn't some bad joke or some fictional nightmare...are you prepared? I'm not.

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