Italian mafia caught with $ 6 TRILLION in fake US treasuries [no joke!]

[Zippyjuan]

Just a couple of figures for 1934 (the date on the forged notes): US GDP (nominal- not adjusted for inflation) was $66 billion and govenment spending for that year was $1.5 billion. $6 trilllion in notes would have been nearly 100 times the output of the entire country for that year. http://www.economics-charts.com/gdp/...004.html#table

[Steven Douglas]

You can buy gold, but you can't redeem in Gold. The big difference is you get taxed for buying gold.

Yeah, if you could redeem in gold, $35 would get you an ounce of it, as that's what it was (and was never changed since) at the time Nixon defaulted on the Bretton-Woods agreement back in 1971. Since then the dollar has been in inflationary freefall mode (commonly mislabeled as "floating"), an increasingly worthless shell of its former self.