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-   -   36 U.S. Cities in 20 States "Abandon" the Dollar (https://gfy.com/showthread.php?t=1132911)

Barefootsies 02-06-2014 04:26 PM

36 U.S. Cities in 20 States "Abandon" the Dollar
 
Scary. :Oh crap

Quote:

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.
Quote:

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.
Quote:

"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.
FULL STORY

slapass 02-06-2014 04:29 PM

Makes sense as it is expensive to take it.

kane 02-06-2014 04:32 PM

It doesn't say what these people are being paid in. It is Euros, Bitcoin, what?

MaDalton 02-06-2014 04:36 PM

Quote:

In Germany, entire towns have abandoned the EURO. So no money is sacred," Robinson warned.
what kind of utter bullcrap is that???

i think that dude smoked too many dollar bills

Rochard 02-06-2014 04:36 PM

So your thread title is misleading - they didn't "Abandon" the dollar, but are taking steps in that direction. That's a bit misleading.

I cannot see us being without cash. There are just too many places that do not accept cash. High school football games and flea markets come to mind - No way I want to swipe my card with people I don't know.

Bourke 02-06-2014 04:45 PM

Quote:
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.

More of American's thinking they're the most important thing in the world. The ongoing financial crisis in Europe is of far greater international importance than a handful of tin pot US towns not wanting to be paid in cash.

Barefootsies 02-06-2014 04:50 PM

Quote:

Originally Posted by Bourke (Post 19972993)
More of American's thinking they're the most important thing in the world. The ongoing financial crisis in Europe is of far greater international importance than a handful of tin pot US towns not wanting to be paid in cash.


Marcus Aurelius 02-06-2014 04:51 PM

What would Franck do?

Matt 26z 02-06-2014 05:09 PM

That isn't a real news site. Everything is set up to sell info products.

xNetworx 02-06-2014 05:15 PM

http://4closurefraud.org/wp-content/.../bullshit1.jpg

AaronM 02-06-2014 05:16 PM

Quote:

Originally Posted by kane (Post 19972972)
It doesn't say what these people are being paid in. It is Euros, Bitcoin, what?

Bitcoin. Watched the linked video.

http://pro.moneymappress.com/NVXBITCOIN2014/PNVXQ238/

Evil1 02-06-2014 05:22 PM

lost all credibility instantly the second i figured out I was on a internet infomercial.

Might as well try selling me a slapchop, you're chances are higher and I might have spent more then 7 seconds on the site.

pornmasta 02-06-2014 05:29 PM

Quote:

Originally Posted by MaDalton (Post 19972977)
i think that dude smoked too many dollar bills

:1orglaugh

pornmasta 02-06-2014 05:30 PM

Quote:

Originally Posted by Marcus Aurelius (Post 19973001)
What would Franck do?

Bit what ?

John-ACWM 02-07-2014 02:08 AM

Quote:

Originally Posted by CamBoss (Post 19973033)

Funny pic, yet the subject is interesting.

greenleaf 02-07-2014 02:48 AM

Be very skeptical of any "news" article without a clear byline or a date attached to it.

This is a generic looking article designed, as someone else mentioned, to drum up sales of panic-based infoproducts.

I'll pass.

seeandsee 02-07-2014 03:05 AM

and they started to use bitcoins?

kane 02-07-2014 03:32 AM

I did a few searches on it. It looks like the town in question in the article Vicco, Kentucky has about 350 people in it and it is the police chief that wants to be paid in bitcoins.

It is a risk seeing as bitcoins have lost about 20% of their value in the last couple of days.

Manfap 02-07-2014 05:07 AM

the dollar has lost 38.5% of its value since 2002 because your government wanted it to.

OneHungLo 02-07-2014 05:09 AM

Quote:

Originally Posted by Bourke (Post 19972993)
Quote:
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.

More of American's thinking they're the most important thing in the world. The ongoing financial crisis in Europe is of far greater international importance than a handful of tin pot US towns not wanting to be paid in cash.

http://i.imgur.com/1kGjFbA.png

tony286 02-07-2014 05:27 AM

its a guy trying to sell memberships to his site. No harm in that but it aint news.

KillerK 02-07-2014 10:36 AM

WTF

you aren't supposed to out landers here

_Richard_ 02-07-2014 10:47 AM

so not taking paper money is 'the abandonment of the dollar'?

why am i reading this as 'wanting to be paid electronically'

Jman 02-07-2014 10:49 AM

Quote:

Originally Posted by kane (Post 19972972)
It doesn't say what these people are being paid in. It is Euros, Bitcoin, what?

Epassporte payments :upsidedow... Cities in motion

mineistaken 02-07-2014 11:01 AM

I doubt there is any GFY poster who would even consider this story to be true. I did not read full story, nor replies, and best case scenario - they abandoned cash, not dollars. Worst case scenario - onion news.

lezinterracial 02-07-2014 11:03 AM

Quote:

Originally Posted by Jman (Post 19973832)
Epassporte payments :upsidedow... Cities in motion

:thumbsup
Or
http://i.imgur.com/EVFGAw9.jpg

ilnjscb 02-07-2014 12:21 PM

What an awesome vanity article - Although they ignored the proven rule, "mention the buyer's name over 20 times" because they only mentioned his name 10 times in a 500 word article! That means that in some cases over 49 words went by without a mention of his name or his AMAZING credentials!

This guy is the real deal in terms of vanity journalists, or whatever he is. He makes the other big dollar-talking publicity hound Roubini look like he is standing still!

Theo 02-07-2014 12:26 PM

"In the 1990s he was one of five people involved in the early meetings for what would become the $160 billion "cloud computing"phenomenon."

ya whatever lol

j3rkules 02-07-2014 04:55 PM

Makes sense as it is expensive to take it.


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