02-06-2014, 04:26 PM
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Choice is an Illusion
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Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
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36 U.S. Cities in 20 States "Abandon" the Dollar
Scary. 
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Recently, famed billionaire Warren Buffett warned we should "fear paper money."
And with the U.S. dollar losing 38.5% of its value since 2002, Buffett's concerns are unfortunately justified.
However, he probably couldn't have imagined a secret currency crisis that's developing very quickly across America now.
36 cities in 20 states have taken aggressive measures to abandon the U.S. dollar.
And more are planning to do so in the near future.
In an exclusive interview with Money Morning, Silicon Valley veteran and Fox Business analyst, Michael Robinson investigated this startling trend.
"These cities and towns are essentially telling people they no longer want them to pay their water and heating bills, or parking tickets, really anything with U.S. dollars anymore," Robinson said.
However, it's not just the cities taking steps to protect themselves from the rapid decline of the once mighty dollar.
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Michael Robinson predicts that, as more U.S. cities take action to abandon the dollar, it will become clear this is the most important economic story happening in the world.
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"Folks need to understand, this isn't just happening in America. In China they're abandoning both U.S. dollars and gold for this new form of currency. In Germany, entire towns have abandoned the EURO. So no money is sacred," Robinson warned.
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FULL STORY
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