Propaganda 101 The Global Currency Reset Exposed

gcr-3It amazes me to see how people are so patient regarding scams. We have seen the many failed dinar predictions. Some guru would make another prediction and even though they were wrong, people would put their hope into another prediction that is doomed to fail all over again from the same person. When someone calls B.S. on the lies behind the failed predictions they are attacked. The primary reason for this has nothing to do with who is right and who is wrong. The reason for this is because you are going against false hope that people harbor which keeps them from facing the many realities they deal with on a daily basis. It has nothing to do with the truth! This thing is purely emotional and it escapes all logic and reason.

Now the same thing is happening on a much broader scale within the global reset community. These people keep presenting junk economics with false conclusions and they keep making false predictions. The GCR crowd will tell everyone how rich they are going to be if they buy silver and gold. They tell them they are going to survive the end of the world and all they’ve got to do is buy their junk newsletters that contain all the details. They scare them into a sense of urgency and tell them time is short. That is the reason for setting dates in the first place. It’s propaganda 101.

gcr1The dollar collapse predictions keep coming. Over the last decade, there have been many failed dates and we have seen 4 dates just in 2016 alone. First, the dollar was supposed to crash sometime during the entire month of April. Then the dollar was supposed to crash on May 28th, 2016. Then the dollar was going to crash on September 27th, 2016. Then once that date expired the dollar was going to crash on December 31st, 2016. Now that we are past this date a new date has been set by the GCR community. The dollar is now going to crash on April 5th, 2017.

The reason the global currency reset crowd keeps setting these dates is because it creates urgency. If the world is going to end when the dollar collapses then these people hope you buy gold, silver, emergency food supplies, and a host of other products. This has become big business.

gcr2There are many different conspiracies that combine to make a super conspiracy in what is now referred to by these scam artists as the Global Currency Reset. This fictional event is constantly compared to the 2008 meltdown. In fact, many compare their fictional end of the world scenarios to the 2008 meltdown.

They won’t point to the actual causes of historical events. Instead, they make claims that are not true. For example, they claim that inflation happened in the 1970’s and it was primarily due to increasing the money supply. They totally ignore the role the oil embargo of the 1970’s played on inflation during this time. This is well documented. They will point to the 2008 meltdown and claim that increasing the money supply brought about the 2008 meltdown. The truth of the matter is one of the main causes of the collapse came from government-sponsored enterprises or GSE. These types of institutions like Fannie Mae and Freddie Mac were operating under very loose government restrictions. If this was addressed as secretary of the treasury Snow wanted to do back in 2003 then the whole meltdown may have been avoided altogether.

gcr5But the GCR people blame the central banks and what they call the banking cartel. They increased the money supply and all those evil guys on Wall Street are all to blame too. So as we see the GCR crowd misrepresent economics and they rewrite history in an effort to present a false narrative that will cause people to believe in a coming dollar collapse. Then the only thing to do is to set the date to create the urgency. Soon we see people are buying products like dinar and other foreign currencies. They buy all kinds of crap they don’t need and they tend to over leverage as a result. They take loans out from their retirement accounts, they work overtime on their job, and they prepare for the end of the world.

What makes GCR investment scams even more cruel is the fact that they are not just ripping people off. They are taking control of their life with a cult-like scam. There are those that are caught up in this thing who are so emotionally invested. They live in fear every day and they live a very restrictive lifestyle. They prepare to live through the end of the world as they know it, but they never learn how to really live. They spend their life in bondage and fear, all so some scam artist can make a buck!

gcr4In 2014 I decided to write a book about the global currency reset which is called “The Truth About The Coming Global Currency Reset” The purpose of the book was to debunk the GCR, and my book was the only one that did this. It stood against many books on Amazon that promoted these ideas. Just 2 years later all the numbers in the book become outdated. For example, at the time I wrote the book China had 120 trillion Yuan. Just two years later they have 151 trillion Yuan. In addition to this, economic situations changed. The BRICS are no longer and Brazil was one of the first nations to have economic problems. China had problems in 2015 as their stock market took a turn for the worse. They started to burn through their reserves as well.

So I decided that an update was needed. I was going to update all the numbers in the book to 2016 numbers and write a little more about how the economic landscape had changed. I would also address more history that the global currency reset crowd has tried to rewrite. This was going to be the second edition and it was only going to happen one time. This was only going to take one week, two at the most. I started writing and updating in September of 2016. Four months later the rewrite is completed and it was released on January 1st of 2017. I started doing research in August and finished in late December.

At the time I did not really know what I was getting myself into. I kept digging and finding more and more information. This book totally and completely debunks the global currency reset belief system. The first four chapters deal with monetary history. This is done to address all the efforts from the GCR to rewrite this history. Researching the actual history and documenting every quote from founding fathers and other historical figures took a long time.

At long last, the book is finished and the case is solid. Anyone caught up in this cultic money belief system needs to read this book. The last chapter contains nothing but links. These links are there to verify the things written in the book. I almost doubled the link count from the previous version. I have a kindle version, a version for iPad, and it is available through all the major eBook retailers too. This time it is even going to be available in print. I am currently working out those details. The eBook version is ready to go. Now you can read the first three chapters for free. Just scroll down. The most important thing is deprogramming those caught up in this GCR. That is the mission of this book. As far as I know this is the only book that is doing this.

Click the link below to go to the pdf page

goo.gl/c5GK6Y

See the Original Video

Why are people setting dates? Watch this video from Nick

The Dollar Will Not Crash on December 31st 2016

bs-2Back in September, I wrote a post explaining why the dollar will not crash on September 27th, 2016. This date was selected within the Global Currency Reset crowd as a day of doom and gloom. The dollar is supposed to tank on that day and within the chaos, the global currency reset would cause gold to skyrocket. It would also cause the dinar and other overprinted currencies to revalue as the dollar plummets. So I took on the task of explaining to those who live in fantasy land why this is not the case. I supplied links and gave reasons why it was not possible.

maxresdefault-1Of course, as everyone knows, September 27th came and went and there was not any collapse in the dollar. In fact, the dollar went up in value on that day. The dollar continues to outperform every major currency around the world. I supplied links to show how strong the dollar really is and I asked people to set aside their conspiracy theories and search for the truth. As soon as the date passed a new date was set by these same people. The thumbnails were changed on every video on YouTube that said the dollar was going to collapse. Some of the pictures were the same but the new date was on the thumbnail. Comments were not allowed on any of these videos.

Why do people do this? First, these people make money from the many advertisements that are placed within their videos. Some videos have as many as 10 advertisements. As new people in the YouTube community discover these videos these guys collect the revenue. Instead of making new videos every time the date expires they just change the thumbnail. This causes the video to get more views and as a result, it ranks higher in YouTube’s search engine. Second, many of these guys have links to places that sell gold and silver. Some of these guys also sell prepper supplies. If they can scare you into thinking that the dollar is going to crash and the economy is going to come to a standstill then they can also sell you things to survive the coming calamity. That is the motive behind most of these videos and it’s shameful

The new date is December 31st, 2016. When that day comes don’t be surprised if the thumbnails are changed out once again and a new date is set. This is how these scam artists make money. They use junk economics and list many faulty assumptions based on incomplete data. The problem with this is the victims they leave in their path. People fall for this B.S. and it disrupts their lives. Most people know nothing about economics and when they see the misinformation they become fearful or they become preppers. They tend to buy gold and silver in excess. They invest in the dinar and other worthless currency to survive the supposed coming downfall of the dollar. They get loans from their retirement accounts and they sell family heirlooms in order to purchase this stuff and survive the GCR. I have witnessed this first hand. This has become big business!

bs1Many people who have fallen for this malarkey have urged me to wait. They predicted that the dollar is still going to collapse before the end of 2016. Some have said that it would collapse sometime in October. They point out things like the Chinese Yuan becoming part of the basket of currencies, or they believed that the election results would crash the stock market. As I pointed out many times, The Yuan is not going to drive every U.S. dollar out of the central banks around the world and china has their own set of problems. The Euro has its own set of problems as we can see with the Brexit and the European Sovereign Debt Crisis. Many of the Eurozone countries that use the euro are repatriating their gold from central banks around the world. Even Iraq exchanged all their euros for gold.

The truth is the dollar does not have anything that can fully replace it at the moment. The U.S. had somewhere around 2.89 trillion in exports for 2015 alone. All this means that the dollar is not going anywhere anytime soon and the date that the con-artists set is merely another attempt to scam money from the uninformed! The dollar has gained even more strength since the election!

http://www.telegraph.co.uk/business/2016/11/16/dollar-hits-14-year-high-as-market-anticipate-trump-spending-boo/

Stocks Rise Sharply in Dramatic Turnaround After Donald Trump Wins Election

The new date that was set by these guys falls on a Saturday! The funny thing is the markets are not even open. How can the stock market crash on a day it is not even open? This is also New Year’s Eve! It is highly unlikely that the market will crash on a holiday weekend! I made a video for our YouTube channel that explains all of this

 

 

The Dollar Will Not Crash On September 27th 2016

podcast 7As everyone knows there is hysteria among some people in the Global Currency Reset crowd. The claim is the dollar will crash and the world will switch over to an entirely new monetary system on September 27th, 2016. We have received feedback regarding this conspiracy theory. We wrote a post to debunk all the junk economics that were used to make this bogus claim! So in this podcast, we meet these claims head on and provide evidence as to why this is not going to happen. Further proof can be found in the Podcast notes. So if you are living under fear because of this so-called impending doom, then I would strongly suggest that you listen to this podcast and you click on the links in the podcast notes. September 27th is going to come and pass and there will not be a major crash of the dollar on that day!

podcast 4

Disclaimer

The podcast player may not display if you are using Apple’s Safari browser, but it will display in every other browser. This is a problem that is unique to the Safari browser. At this time we provide no support for this problem.

This page loads fine in every other browser and all aspects of the page are visible. Therefore we recommend that you view this site using a different browser. Chrome, Firefox, Internet Explorer, and the new Microsoft Edge browser all work well with this site and the Podcasts.

We recommend that you download one of these browsers for your Apple computer and use it in place of Safari. This is an issue with Safari. It is not a WordPress or an ICW issue.

Podcast Notes

You may have some questions regarding the information in the podcast. Much of this information has been covered in other posts. So we are going to link to a few posts that we already made that will provide resources so you can verify the things we say. DON”T TAKE OUR WORD FOR ANYTHING THAT WAS SAID!!! DO YOUR OWN RESEARCH!!!!!

https://iraqcurrencywatch.com/2015/03/23/crockaganda/

https://iraqcurrencywatch.com/2015/03/25/crockaganda-returns/

https://iraqcurrencywatch.com/2015/01/08/the-truth-about-the-global-currency-reset/

https://iraqcurrencywatch.com/2016/09/07/the-truth-about-the-coming-dollar-collapse-on-september-27th-2016/

http://demonocracy.info/infographics/world/gold/gold.html

The link below shows that FDR took us off the gold standard on June 5th, 1933. This is mentioned in the podcast. I could not remember the exact date.

http://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard

I also need to make one correction. I said that the Bahama’s only used the dollar and they don’t have their own currency. This is not the case. I meant to say the Marshall Islands does not  have their own currency. I misspoke as I was trying to focus on the next point. sorry for the confusion. Here is a link with a list of countries that use the dollar.

http://www.investopedia.com/articles/forex/040915/countries-use-us-dollar.asp

A big THANK YOU to all our readers and listeners!

The Truth About The Coming Dollar Collapse on September 27th 2016

us-dollar-collapseThere is a strange belief floating around on several monetary conspiracy websites and blog sites. This belief can also be found on many YouTube channels. It says the dollar will totally collapse on September 27th, 2016. As a result of this event, every world currency will also collapse and the global economy will suffer great calamity. Many people have bought into this theory. Is there any truth to it? Let’s explore more details about this belief. Here is their case from their perspective. This is basically a paraphrase of their thought process blended together from many of these sites.

What They Claim

The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. This collapse will not only bring down our dollar but it will also bring down every fiat currency around the world. The collapse will bring hyperinflation and every fiat currency in the world will collapse.

The economy was hit hard by the fall in oil prices. As an example these falling prices have already affected daily life for Venezuelans and everything has become an uphill battle. Now that the oil bubble has burst, nations that depend on oil sales are going to face great economic problems in their country.

maxresdefault-1In the U.S. we cannot keep living like we have twice the income that we really have. The Federal Reserve created trillions of dollars to buy most of our national debt and mortgage debt with money that they created on the spot, and nobody will buy this mortgage debt in the future. It is a Ponzi scheme. Our national debt will have doubled in just the time Obama was in office.

The more there is a risk of a default in currency devaluation, the more interest rates are going to rise. We may be able to pay $20 trillion dollars of debt at 3 percent interest with some pain, but at 6 percent interest or above for any extended period of time it will cause a total economic collapse.

Things got so bad that since 2008 most banks will not lend any more on commercial ventures. Instead, they are either still gambling on markets or they are sitting on their money. Nobody wants to lend money for economic development because they are afraid that they will never get paid back. Many other businesses that could expand will not do so because they are afraid of higher costs in the future through government taxation and regulation. That is one reason people are dropping out of the workforce. There are fewer businesses in America in 2016 than there were before the 2008 crash.

There is no easy answer to the world debt problems because many people and nations around the world have been living beyond their means for decades. They have been amassing debt and entitlements that cannot be sustained. With their aging populations, there is no next generation being raised that will have the numbers needed to pay the bills. The credit line of many nations are maxed out, and the young cannot support the entitlements that the old were promised.

As if the spending beyond our means for decades wasn’t enough, many banks are still gambling with your investments. They take your money and use it as security to leverage investments worth thirty to a hundred times that amount. In 2008 some bubbles burst, and many that were gambling lost. Some financial institutions got bailed out, but most did not learn their lesson. It is even worse today than it was in 2008. These world banksters are still gambling with savers’ money.

Some big corporations and financial institutions could not pay their debts because of the severe downturn in 2008, so they either went bankrupt or were declared too-big-to-fail by our government, and the government bailed them out by Americans taking on more future debt.

Another reason for the lack of quality jobs is that the government cannot institute a policy to buy American-made products because they risk a trade war with other nations in the global economy who are also living beyond their means. The trade war is probably coming anyway because unemployed people of nations will demand that their government do something to protect their jobs.  All government can do to keep jobs at home is to allow protectionism.

Our future appears to be deflation, depression, or hyperinflationary depression which is bound to come as a result of overprinting the currency. This will allow the rise of populist demigods who will convince people that they know who is to blame and that they have all the answers. In other words, we are now repeating the same mistakes of the 30’s that led to the nationalist socialistic movements and the start of World War II. It will not be much different this time around, except that the stakes for the world will be much higher.

The same mistakes in housing in the US are being made all over again. The recent climb in values will probably be short-lived as this country goes back into the next phase of this depression. Foreign investment speculators who think we are in recovery are once again buying real estate and driving up prices. The percent of Americans owning their own home is actually still falling and has fallen to 1990’s ownership levels. Family income in the United States and hours worked is still falling. The recovery is most likely phony, and what recovery there seems to be is really built on the Federal Reserve creating more money and more government borrowing. The recovery is going to speculators in the top one percent.

But you can protect yourself from this entire calamity by purchasing gold and silver, or getting our inside trader stock tips or purchasing our newsletters. You might want to stock up on your stored food supply as well.

Conclusion

These thoughts are the case that is represented in most of the conspiracy videos, websites, and blog posts. These people prey on people who know little about economics. I debunked most of this rhetoric in my book “The Truth About The Coming Global Currency Reset.” Most of the panic in this analysis is mixed with half-truths in an effort to make it more believable. If you know anything about real economics then you can debunk most of what is being said here. So in an effort to ease any fear or worry, I will explain why this is a load of sewage. This information can be found in my book in greater detail.

Let’s Debunk This Crap

First and foremost, if the dollar were to collapse as these guys claim, why would they know the exact date on which it is going to happen? Some conspiracy sites say the date was chosen by the Illuminati or the Rothschilds. (Give me a break) I decided to do some research and see if I can find a reason for that date.

The Federal Reserve is going to issue the standard Federal Open Market Committee report on September 21st, just 6 days shy of the predicted date. Aside from that nothing unusual is going on with The Federal Reserve.

http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

Southwest oil independents have scheduled a rally on September 27 against OPEC oil imports.

http://www.freerepublic.com/focus/f-chat/3466296/posts

There is some speculation regarding interest rates in September.

http://www.forexnews.com/blog/2016/09/05/september-important-dates-capital-markets/

In the end, I could not find any concrete evidence as to why conspiracy nuts chose September 27th to be the end of the dollar. This date was picked months ago! As I stated earlier, if this were to actually happen to the dollar then no one would know the exact date that this event would transpire. I believe this is part of a marketing ploy that these end of the world doomsday merchants have cooked up through the use of their nut job guru network.

This creates urgency to buy more gold and silver. You feel a sense of urgency to store more food. You begin to prepare for the end of the world.

The same thing happens in the dinar world all the time. If you think the revalue is going to happen on next Monday and today is Thursday, then you are going to place an order out of urgency. You are going to buy more dinar or put dinar on reserve. This is exactly why a revalue is predicted to happen every Monday

There appears to be two YouTube accounts which are the source of this erroneous theory. They are “Money News” and “Economic News”. From there it spread everywhere else. I started watching one of the videos, “Why The US Dollar Will Collapse on 27 September 2016 ?”.  (over 700,000 views – see below)

This video is ridiculous. He starts off talking about a coming calamity, and then he says “will you take the proper steps to protect your family?” I am sure he is going to sell you the proper steps you need to take. There are many advertisements throughout this video, and with over 700,000 views some money is being made using fear tactics. Within two minutes of this video he mentions the National Inflation Association, which seems to have been debunked by Peter Schiff as a fake group with an agenda. (Check out the video below.)

Check out the National Inflation Association below

http://inflation.us/

peter-schiffI think it is ironic that Peter Schiff is also one of the economists that they claim supports their theory. The truth is this theory only attaches itself to small portions of what Mr. Schiff says. The rest is all made up. Most laymen don’t understand reserve currencies or money mechanics, so these things sound plausible when they are presented through outrageous storytelling. These YouTube videos have disabled their comment section and suspended their voting as if they are afraid of being debunked. By now major warning lights should come on.

Peter Schiff has a reputable background and while I don’t agree with everything he says, He makes valid points on the nation’s debt. He points to logical problems that face the country. It is too bad that the Global Currency Reset crowd takes his comments out of context and applies it to their own ill-gotten gain. Peter talks about a collapse in the economy if these problems are not addressed. These guys take some of his facts and change it to a total collapse of the dollar and a revalue or collapse of every currency around the world. They seem to latch onto Mr. Schiff in an effort to gain some of his fan base.

Furthermore, these GCR gurus have been predicting the collapse of the dollar since the beginning of the millennium. Recently Lindsey Williams predicted the dollar will collapse under a global currency reset in 2012. It was predicted to happen again in 2013. Then the dollar was going to collapse in the first quarter of 2014, and finally, the dollar was going to collapse at the end of the second quarter of 2014. That is when the dollar took off like a rocket. 2014 was a great year for the dollar and 2015 was the best year the dollar seen since 2005.

http://www.reuters.com/article/markets-forex-idUSL3N0UF0EA20141231

http://www.marketwatch.com/story/dollar-index-on-track-for-best-year-since-2005-2014-12-31

the-secret-cause-of-dollar-colla-480x360The last time the dollar crash was predicted was May 28th, 2016. Before that, the last prediction was in April of 2016. So as you can see, these Global Currency Reset guys have a long track record of being wrong. They have been wrong in 100 percent of their predictions. I predict that they are going to be wrong once again on September 27th. There is not going to be a major crash of the world currencies on that date! Let’s wait and see who is right!

Get Your Facts Straight!

These GCR guys mix a little fact with fiction to create an illusion in order to sell their products. The valid points make the invalid ones seem more plausible. This is no different from what the dinar gurus do. The only reason why it is addressed on this website is because dinar gurus have tried to link the GCR to the revalue of the Iraqi dinar. Let’s cover a few of these so-called facts.

First of all, there was never an oil bubble as these loons proclaim. Oil prices are driven by supply and demand. The more oil there is the less it cost. This is economics 101. The reason why oil prices are cheap is because Saudi Arabia flooded the market in an effort to shut down American fracking. The increase in oil production in America has led the Saudi’s to take this strategic approach. Russia also supplies the world with oil. This is how their economy recovered from the crash of the ruble in the 90’s. Canada is also looking for a better way to bring more of its oil to global markets. This is what the keystone pipeline was really all about. Now Iran is able to bring their oil to global markets as more sanctions are about to be lifted. There are many other oil-producing nations as well. So as you can see, oil is not likely to go up with major price increases anytime soon as long as new supplies enter the market and nations are competing around the world for oil sales. This is not necessarily a bad thing for the U.S.

It is true that Venezuelan citizens are suffering right now, but this is primarily due to the fact that Hugo Chavez took over the country and instituted communism. He appointed businessman Roberto Mandini president of the state-run oil company Petroleos de Venezuela. Chavez also set out to rewrite the Venezuelan constitution. He kicked out oil companies while keeping much of their equipment. He gutted most of the private sector. His actions had an effect on the country’s economy. While falling oil prices contributed to the problems that all Venezuelans now face, the root cause was communism and a gutting of private infrastructure.

https://en.wikipedia.org/wiki/Hugo_Ch%C3%A1vez

The problem with these GCR guys is anytime the price of some commodity drops they claim the commodity was really in a bubble, and the bubble collapsed because of debt or some other obscure reason. Supply and demand or natural laws regarding economics never seem to apply. From what I could gather, they believe several bubbles collapsed in 2008.

The dollar is actually a lot stronger than these arm-chair economists know. Ecuador, Zimbabwe, and the British Virgin Islands are just a few examples of countries that don’t have their own currency. They use the dollar exclusively for commerce among their citizens. There are many other nations that circulate the dollar along with their own currency because the dollar provides stability. In addition to this, the dollar can be found in reserves in most nations around the world. These reserves serve to back other currencies.

http://www.investopedia.com/articles/forex/040915/countries-use-us-dollar.asp

Let’s not forget about the petrodollar! In august of 1971, Nixon removed us from Bretton Woods. This is known as the Nixon Shock. In 1973 agreements were reached with Saudi Arabia and later OPEC. This agreement was that these nations will sell their oil only using the U.S. dollar. In returned the United States Government promised to make these oil-producing countries rich, and the U.S. would provide these nations with military protection if they were ever invaded. This is why we went to war with Iraq after they invaded Kuwait. Kuwait sells oil in dollars, and we had the responsibility to provide military protection due to the petrodollar system.

Selling oil in U.S. Dollars has been a source of strength for the dollar. While Saudi Arabia complains about fracking and at times has threatened to sell oil using another currency, the truth is this is highly unlikely because it will leave the Saudi government without military protection and they will be defenseless. Iran will more than likely engage with the Saudi government if this event ever took place. So as long as there is a demand for dollars in other countries because of oil sales, it is highly unlikely that the dollar will collapse anytime soon!

The Truth is there are a lot of problems with the Euro. We just witnessed the Brexit event. Spain, Ireland, and Greece, are just a few of the countries that have been a drain on the Euro. As a result, people are running away from the Euro and they are running to the dollar.  As the Euro weakens the dollar grows stronger.

http://demonocracy.info/infographics/eu/debt_piigs/debt_piigs.html

http://demonocracy.info/infographics/eu/cyprus_crisis/cyprus_crisis.html

In spite of all the problems with America’s debt, one of the advantages that the dollar has is that there really is not another currency out there that can replace it anytime soon. Most conspiracy nuts will point to the Chinese Yuan, but as we will soon see this won’t be an option in the near future.

America has been exporting jobs to China ever since Bill Clinton lobbied to make China a member of the World Trade Organization. Obama loaned General Motors 80 billion dollars. They used that money to build eleven new factories in China. They even made their research and development center in China. Many U.S. businesses have relocated to China.

China has benefited by keeping their currency values low. This has caused their exports to grow. If their currency becomes a major reserve currency that replaces the dollar then that will place more value on the Yuan. As a result, their exports will fall. China is not going to put themselves in this position anytime soon. While America has around 12 trillion in their M2 China has 130 trillion Yuan. Talk about printing money! They back their currency with approximately 1,000 tonnes of gold and U.S. dollars, so it is extremely unlikely that China will give up their export advantage in order for the Yuan to become a reserve currency.

hqdefaultMany of these conspiracy theorist claim that the dollar is a fiat currency. They say it backs most other currencies making them all fiat as well. The next claim is that the Federal Reserve is printing too much money, and we will see hyperinflation as more and more of this currency enters the economy. These statements alone should show you how out of touch these guys are with the actual facts!

The claim that the dollar is a fiat currency is made in an effort to imply that the dollar does not have any assets to back it. It is merely worthless paper. Nothing could be further from the truth! Currently, there is a little over 166,000 tonnes of gold in the world today. Out of that only 17.4 percent is used as an asset to back currency. Out of that number, the United States currently has a little over 8,133 tonnes of gold for the express purpose of currency backing. THIS IS AN ASSET BACKED CURRENCY! The United States has more gold than any other nation. The U.S. also has other assets that back their currency. Second in line is Germany with 3,396.3 tonnes of gold, followed by the IMF with 2,814 tonnes. These numbers can be verified by clicking on the links below.

https://en.wikipedia.org/wiki/Gold_reserve

https://www.gold.org/research/latest-world-official-gold-reserves

http://demonocracy.info/infographics/world/gold/gold.html

The Federal Reserve does not own one printing press with the express purpose of printing money. Any physical money that is made is done by the United States Treasury per the constitution! It is the responsibility of the United States Treasury to mint coins and print money! The Federal Reserve distributes the money the U.S. Treasury makes.

We currently have about 12 trillion in our M2 money supply. All of this money does not sit in America, and because of this it does not have a major impact on local inflation. About two-thirds of our currency is exported and used around the world. It sits in central banks and it is used as a reserve. It is used to buy oil and governments around the world conduct commerce with it. It is used by citizens of governments all over the world to conduct commerce. This notion that the Federal Reserve prints money is totally bogus.

https://en.wikipedia.org/wiki/United_States_Department_of_the_Treasury

https://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html

http://moneyfactory.gov/

https://www.treasury.gov/services/Pages/coins-currency.aspx

Final Thoughts

There is much more that can be said to debunk all the claims this conspiracy group is making, but I think by now you are beginning to get the point. I could go on for days debunking their propaganda. These Global Currency Reset guys all have an agenda. It seems to be this, buy our products or you will die and we are going to scare you to death with junk economics until you get the message! It is totally idiotic beyond belief to arbitrarily pick a date and then proclaim that to be the time when the dollar and the world economy will come crashing down all around us! It serves a purpose. It creates urgency.

The United States Dollar will not crash on September 27th, 2016! Any proclamation that it will is pure fantasy, displayed by people who are writing fiction and presenting it as fact for a profit!