Economy Can’t Be Fixed
It’s the same conversation I keep having every other day, it seems. Someone asks what I believe to be the way to fix our ailing economy. They just aren’t ready to hear the facts: It can’t be fixed.
We passed the breaking point back when the Federal Reserve Bank (The Fed) came online. Throughout history, fiat currency has always failed. It follows a well-known cycle, with few variations. Like the madman, leaders keep trying the same thing, expecting it to come out different this one time. It won’t. The inherent nature of fiat currency is fraud.
Every dollar in existence is a debt owed to The Fed, a private corporation owned by foreigners. More, each of those dollars is a debt plus interest. We will always owe more than we have, until the whole thing collapses. We are there; it’s collapsing.
Since the government of the US is tied to that system, the government will also collapse. It’s possible it will be replaced with naked brutal tyranny, or it may simply go away and states will recombine into regional governments. History, along with Organizational Theory, proves beyond all doubt, any State larger than France cannot survive very long. The only thing which delays the collapse of any state is the speed of communication, and ours is awfully fast. That means the life cycle of empire is now very short. We were way too big when we started, and we threw away the only mechanism for peacefully spinning off the excess.
So it’s over. What we have now is already dead, though it’s still twitching. Obama may very well be the last president of the US.