The Day the Dollar Died
Send us Fan MailWhat if...?If the U.S. Treasury stopped issuing money, and the Federal Reserve stopped providing liquidity to the banks, and the flow of money was stopped, and the markets ceased trading, and no backup or alternate monetary system was deployed, businesses and consumers would no longer be able to transact value exchange, or pay bills, or pay for utilities, or food...but that day-to-day exchange could be replaced in-part by barter or local agreements to carry-on vital business peer-to-peer...but there would be no money, nor way to pay debts back to the bankers - unsecured debt…
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