Will Grigg, blogger and author of Liberty in Eclipse, discusses why the American Dream is collapsing; the dollar’s rapid decline since leaving the (partial) gold standard in 1971; keeping the fiat currency game going by waging war – the biggest public works/jobs stimulus program imaginable; how the dollar’s reserve currency status, solidified by dollar denominated oil sales, has let the US expand its empire far beyond sustainability; and why economic troubles often prompt people to scapegoat minorities, rather than directing their anger toward the actual causes.
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