U.S. DOLLAR COLLAPSE – Federal Reserve Speech Points Towards U.S. Economic Catastrophe

U.S. DOLLAR COLLAPSE – Federal Reserve Speech Points Towards U.S. Economic Catastrophe 

U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress on Tuesday after presenting her semiannual monetary policy report. 

The Federal Reserve will not hike rates for the next few Federal Open Market Committee meetings, according to Yellen’s prepared remarks. 

During the question-and-answer session, Yellen addressed a range of questions from the committee about the Fed’s structure, its inflation measurement and the movement to “audit the Fed.” Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other fiat money, signs that a currency collapse is coming will begin with the sell-off of the U.S. dollar. 

It’s a known fact that the Russians and Chinese have already begun divesting themselves of dollar dependency by implementing trade agreements that completely sidestep the world’s reserve currency, but there has been no overt sign of a sell-off that might be indicative of a coming attack on our currency. 

Continue Reading

investmentwatchblog.com / 23rd March 2015