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The American Empire in a Changing World



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Friday, October 5, 2012

Janet Tavakoli: ''Déjà Vu: When Money Dies''

From HuffPo

''An important element of national security is the soundness of our currency. Before a currency goes into freefall, its value can be chipped away while a distracted population fails to notice that the currency buys cheaper quality clothing and less food in a package at a grocery store. This can drag on for decades, and sometimes the currency doesn't go into freefall, it simply slowly erodes in value. That's the current situation with the U.S. dollar.''

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