Virginia Eyes Switching Off Dollar Cites 'Inevitable Destruction Of The Federal Reserve System's Currency'

ASHINGTON
--
Virginia
state
Delegate

Robert
G.
Marshall
has
introduced
legislation
to study
whether
the
Commonwealth
should
make the
preparations
now to
switch
suddenly
to an
alternative
currency
in the
event of
an
implosion
of the

Federal
Reserve
System
and the
destruction
of the
dollar.
House
Joint
Resolution
557 is
another
piece of
a
growing
movement
among
state
legislators
who are
concerned
about
the
dollar's
demise.
Ten
states
have
considered
similar
bills,
recommending
a return
to some
form of
a
commodity-based
currency,
using
either

silver
or gold
.
Marshall's
Resolution
557
offers a
list of
worst-case
scenarios
to
support
the need
for such
a study,
including:

"Many
widely
recognized

experts


predict
the
inevitable
destruction

of
the
Federal
Reserve
System's
currency
through
hyperinflation
in
the
foreseeable
future."

"In
the
event
of

hyperinflation
,
depression,
or
other
economic
calamity
related
to
the
breakdown
of
the
Federal
Reserve
System,
for
which
the
Commonwealth
is
not
prepared,
the
Commonwealth's
governmental
finances
and
Virginia's
private
economy
will
be
thrown
into
chaos
…"

To avoid
economic,
social
and
political
shocks
Virginia
can
adopt an
"alternative
sound
currency
that the
Commonwealth's
government
and
citizens
may
employ
without
delay in
the
event of
the
destruction
of the
Federal
Reserve
System's
currency."

"Inevitable
destruction
,"
"economic
calamity
"
and "chaos"
are
not

words
used
lightly
when
considering
the fate
of the
nation's
currency
...

Editor's
Note:
The
above
data is
simply
astounding,
and the
scoffers
in our
society,
regularly
refusing
to
acknowledge
the
depth of
the
nation's
difficulties,
would do
well to
take
note.
Patriots,
Remnant
Christians,
Constitutionalists,
and
other
social
non-conformists
have
long
known
economic
chaos
will
ultimately
emerge
in
America
,
for it
was
prophesied
to
occur.

This
writer,
warning
of the
American
economic
calamity
to come,
penned
the
following
words in
the book

Beyond
Babylon
,
published
in early
1992:

"The
world
financial
system
is about
to
completely
disintegrate.
Unemployment
is
soaring,
prices
are
rapidly
increasing,
and the
American
government
seems
paralyzed.
In a
word, we
are on
the
brink of
a
tremendous
global
financial
upheaval.
The
underlying
reality
is that
everything
is
actually
going
exactly
according
to plan.
While
many
observers
have
long
projected
a
financial
collapse
of the
worlds
economic
systems,
we are
now
closer
than
ever
before
to
complete
economic
chaos."
(Beyond
Babylon,
James
Lloyd,
page
154,
1992).

There is
a
certain
satisfaction
in
hearing
from
folks
who took
my
advice
long
ago, and
are now
in a
significantly
better
position
to
weather
the
storm.
However,
for
those
just now
waking
up, the
hour is
indeed
late.

It's
obvious
that
gold and
silver,
purchased
quietly
for cash
and kept
very low
profile,
is the
very
best way
to go.
Unfortunately,
most of
us have
no
discretionary
savings
to
convert,
but that
won't
change
the
facts
that a
collapse
is
definitely
"in the
cards."
However,
if you
have
tiny
assets,
think
small,
and be
faithful
in the
little
things.

Low cost
dry
goods
can be
purchased,
stored,
and
later
sold (or
bartered)
for
survival.
For
example,
in a
complete
breakdown
where NO
goods
are
available,
most
people
would
barter
something
very
valuable
for a
cup of
coffee!
How
about
some
matches
to light
that
wood
stove,
when no
matches
are
available?
Certainly
ammunition
will
always
be in
demand.
Thus, to
borrow a
phrase
"all
that
glitters
is not
gold."

In an
inflationary
environment,
which is
sure to
occur
before a
complete
collapse,
a bar of
soap
that
costs 25
cents
now,
could be
worth a
highly
inflated
$25 then
-- or
$25,000
(those
who
doubt
such
things
should
read the
actual
statistics
of what
happened
in
Germany
so long
ago).
Thus,
the
quarter
you
spent on
soap
now,
would
still
purchase
a
quarter's
worth of
something
then,
even if
it took
$25k to
do it.
And
that's
just the
point,
for the
fiat
currency
is all
relative,
with no
anchor
value.

And now
that the
state's
themselves
see it
coming,
isn't it
time the
rest of
us
wake-up,
and do
what
little
we can,
NOW,
while we
still
can?

For more
on the
subject
of
money,
see the
online
essay

A
Dollar's
Worth Of
The
Devil
.

Article Source: 
CMD
Article Number: 
57