The Buck is Toast: What's Next?
By Dr. Russell McDougal


The dollar is worth about four cents since the Federal Reserve took the helm in 1913. That has not destroyed it. Both Americans and foreigners have clamored after it in all the recent decades. What will do it in and what is coming our way next?

The greedy geniuses in the New York and Washington D.C. axis of weasels finally did the deed. They killed the goose that laid the fiat egg. They weren’t content to merely bring in trillions of dollars in profits. They had to leverage their schemes and shower them across the globe in the form of fraudulent real estate bond packages and derivatives. Check out the definition of hubris. The camel’s back then took on one too many straws.

The dollar continues to probe new depths. A short-term bounce is always possible but the fundamentals are atrocious. Nobody in control is suggesting anything remotely possible as to fixing it. The clowns in charge of the buck continue to bray that the US has a “strong dollar policyâ€