Great American Depression 2008

Run On Banks IncreaseThe USA has fallen into a depression. Recent runs on the banks, failures of the investment houses, increased war spending are fueled by increased printing of unbacked currency. The USA is Living with Fiat Currency.

If you went to the gas station today and saw you were paying over six dollars a gallon don't pass out. It is not the cost of gasoline that went up, it is the value of your dollar that came crashing down.You see, in the real world you cannot just keep giving and spending without making that money. It does not work for us humans and it does not work for governments. But they keep thinking they can do it, just print more paper to bail them and their cronies out. Our Constitution tried to protect us from this, but the current rulers of the past 100 years have paid that no mind as they create more currency out of nowhere than ever before.How can we spend $400 billion dollars a year on war when we can't give truckers diesel fuel to bring food to market? How can we spend $100's of billions more proping up nations and econmoies when we can't pay our own bills? This nation has changed for the worst and it started with the change from gold backed currency. There is no real currency and oil is the same price in gold as it was years ago, it just cost more to Americans who print money instead of earn it.