U.S. Postal Service Starts Quoting SDR to Dollar Conversion Rates, and IMF Endorses Replacing Dollars with SDRs

Washington’s Blog | I have repeatedly pointed out that it is possible that the IMF’s special drawing rights (SDRs) will become the world’s reserve currency.

U.S. Economy Near Point of No Return

Dan Weil | The Federal Reserve’s decision to expand its quantitative easing by purchasing more Treasuries is a dangerous one.

The Dollar’s Third and Final Act

LewRockwell.com | The US credit system is in the midst of its third credit crisis since the advent of the Federal Reserve.

Stocks Fall on Productivity Drop, China Data

Wall Street Journal | U.S. stocks sank as weaker-than-expected Chinese trade data added to investors’ jitters ahead of a Federal Reserve meeting.

Smoking Guns of U.S. Treasury Monetization

Jim Willie | A significant feature of fiat money systems is the privilege for the custodian of the reserve currency to engage in regular practices of ham-fisted monetary management.

Dollar Devaluation and Destruction of America Pick Up Steam

Kurt Nimmo | Both the United Nations and the IMF urge dumping the dollar as the world’s reserve currency.

Ron Paul: More Power for the Fed

Dr. Ron Paul | Last week I was pleased to see my Republican colleagues take up the cause to fully and completely audit the Federal Reserve.

Ron Paul: Audit The Fed Bill Fails After Former Co-Sponsors Flip-Flop

The Alex Jones Channel | Ron Paul’s attempt to audit the Federal Reserve failed, after more than 100 former co-sponsors of the bill jumped ship and voted against the measure.

Federal Reserve cautions on US economic growth

London Telegraph | The US Federal Reserve opted to hold interest rates steady at record lows as it cautioned that Europe’s debt problems could slow American economic growth.

US May Reach Their Borrowing Limit

June 18, 2010 Bloomberg Jacob Greber Former Federal Reserve Chairman Alan Greenspan said the U.S. may soon face higher borrowing costs on its swelling debt and called for a “tectonic shift” in fiscal policy to contain borrowing. “Perceptions of a large U.S. borrowing capacity are misleading,” and current long-term bond yields are masking America’s debt challenge, Greenspan wrote in

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