Meadow muffins uncovered

This is a fine discussion for the currency
challenged (most Amerikuns). It's also a good
short history of the taxes of Empires past and how
expansion is crucial to their survival as they
attempt to satisfy the ever-increasing desires of
their subjects as larger numbers of former
supporters vote with their feet.

All the yapping about nuking Iran for their nukes
that will never be found is just throwing around
a bunch of meadow muffins. Follow the money.
The current Empire will protect its currency at
all costs to keep the world buying it.

Will the Iranian Oil Bourse open?

If it does the Empire will go down fast.

If it doesn't the Empire will go down fast.

Put the nukes away, boys. Save us all a lotta
grief.

Abstract: the proposed Iranian Oil Bourse will
accelerate the fall of the American Empire.
...
Whatever the strategic choice, from a purely
economic point of view, should the Iranian Oil
Bourse gain momentum, it will be eagerly embraced
by major economic powers and will precipitate the
demise of the dollar. The collapsing dollar will
dramatically accelerate U.S. inflation and will
pressure upward U.S. long-term interest rates. At
this point, the Fed will find itself between
Scylla and Charybdis-between deflation and
hyperinflation-it will be forced fast either to
take its "classical medicine" by deflating,
whereby it raises interest rates, thus inducing a
major economic depression, a collapse in real
estate, and an implosion in bond, stock, and
derivative markets, with a total financial
collapse, or alternatively, to take the Weimar
way out by inflating, whereby it pegs the long-
bond yield, raises the Helicopters and drowns the
financial system in liquidity, bailing out
numerous LTCMs and hyperinflating the economy.

The Austrian theory of money, credit, and
business cycles teaches us that there is no in-
between Scylla and Charybdis. Sooner or later,
the monetary system must swing one way or the
other, forcing the Fed to make its choice. No
doubt, Commander-in-Chief Ben Bernanke, a
renowned scholar of the Great Depression and an
adept Black Hawk pilot, will choose inflation.
Helicopter Ben, oblivious to Rothbard's America's
Great Depression, has nonetheless mastered the
lessons of the Great Depression and the
annihilating power of deflations. The Maestro has
taught him the panacea of every single financial
problem-to inflate, come hell or high water. He
has even taught the Japanese his own ingenious
unconventional ways to battle the deflationary
liquidity trap. Like his mentor, he has dreamed
of battling a Kondratieff Winter. To avoid
deflation, he will resort to the printing
presses; he will recall all helicopters from the
800 overseas U.S. military bases; and, if
necessary, he will monetize everything in sight.
His ultimate accomplishment will be the
hyperinflationary destruction of the American
currency and from its ashes will rise the next
reserve currency of the world-that barbarous
relic called gold.

Helicopter Ben has more at his finger tips than
buttons on printing presses. He can now inject
zeros electronically into the banking system.

Now we're going to find out what the true value
of zero is.

Here's what happens to political/funny money
issued and managed by USA, Inc...

...and here's is the resultant price history-in
political money-for real money...

Will it really matter what Helicopter Ben does?

Read.