Defeat the Austerity Threat

[tama]

3. Obfuscation

First, it's not federal government but Federal Reserve which is semi-private institution owned by private banks. A business that became pure Ponzi scheme after leaving Bretton Woods and gold standard.

Second, "monetary sovereignty" doesn't help if and when it is not accepted as international currency - ie. when you can't buy oil with dollars.

Third, the reason the question is not 'if' but 'when' is that USD like all other FIAT currencies is a humongous Ponzi scheme: system needs to constantly create more debt than can be paid.