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When Will America Run Out of Money?

100-dollar-bill-toilet-paper-5The Federal Reserve’s manipulation of the money system is moving America perilously close to the collapse of the dollar. Never one to be an alarmist, I do believe that quantitative easing is stringing us along as the Feds continue to press the snooze button toward monetary decline.

America’s economic policies have lead to monetary policies that have, in essence, hocked the house to simply pay interest on our overused credit card. I recently answered a question from a caller on Common Cents where I broke down the numbers that demonstrate how a simple 1% increase in interest rates could cripple our economy.

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