Michigan Says Enough: Starts Using Own Currency, Gold, Silver, And Precious Metals

July 22, 2010 Category: Money and Finances

Either in anticipation of QE2 which will cut the value of the dollar by another 50% once another $2 trillion in toxic crap becomes the “assets” backing the viability of the dollar, or just because they are sick of Fed policies, mid-Michigan has taken monetary matters into their own hands, and in one simple act, completely bypassed the destabilizing influence of the domestic currency printers.

People Will Turn To Bartering As Their Money Becomes Worthless

February 11, 2010 Category: Money and Finances

Faced with a shortage of small banknotes, people in Myanmar are resorting to bartering cigarettes, shampoo and other items.

The bartering illustrates the effects of surging inflation and the curious decision to stop printing small notes.

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