US$ on its last legs

Message from moi:

Submitted by Adam Taggart via Peak Prosperity,

This week's podcast sees the return of Mike Maloney, monetary historian and founder of precious metals broker GoldSilver.com.

Based on historical patterns and the alarming state of our current monetary system, Mike believes the fiat US dollar is in its last years as a viable currency. He sees its replacement as inevitable in the near term -- as in by or before the end of the decade:

Published on Zero Hedge (http://www.zerohedge.com)

Home > Mike Maloney: The Dollar As We Know It Will Be Gone Within 6 Years

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Mike Maloney: The Dollar As We Know It Will Be Gone Within 6 Years

By Tyler Durden

Created 07/06/2014 - 21:03

Based on historical patterns and the alarming state of our current monetary system, Mike Maloney, monetary historian believes the fiat US dollar is in its last years as a viable currency. He sees its replacement as inevitable in the near term - as in by or before the end of the decade - "All of this is converging with the crazy experiments the Federal Reserve has done. During the last three monetary shifts, it was only the world's central banks and big international banks that were affected and were worried. The common man didn't even know what was going on. With this one, everybody is going to feel it. Everybody is going to know it. You will either be a winner or a loser, but everybody is playing this game."

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Source URL: http://www.zerohedge.com/news/2014-07-06/mike-maloney-dollar-we-know-it-will-be-gone-within-6-years