Tuesday, August 31, 2010

US Postal Service Confirms Dollar To Be Replaced by New Global Currency

Back in May of 2009, I mentioned that a new global currency was on its way.

Since that time, there has been rumblings by many governments to replace the US Federal Reserve Note ("the dollar") with some other form of global currency to establish a new monetary system for financial settlements.

My prediction remains that "the dollar" will be replaced by an IMF created fiat currency known as Special Drawing Rights or SDRs.

It may strike you as unusual that the United States Postal Service now accepts SDRs as legal tender for transactions.  Click here.

This is significant since the last time the United States Postal Service confirmed the existence of something fictitious was in the movie "Miracle on 34th Street".   Per Wikipedia:   in the 1947 film Miracle on 34th Street, the identity of Kris Kringle (played by Edmund Gwenn) as the one and only "Santa Claus" was validated by a state court, based on the delivery of 21 bags of mail (famously carried into the courtroom) to the character in question. The contention was that it would have been illegal for the United States Post Office to deliver mail that was addressed to "Santa Claus" to the character "Kris Kringle" unless he was, in fact, the one and only Santa Claus. Judge Henry X. Harper (played by Gene Lockhart) ruled that since the US Government had demonstrated through the delivery of the bags of mail that Kris Kringle was Santa Claus, the State of New York did not have the authority to overrule that decision.

Thus the USPS proved the existence of Santa Claus.  AND.... has now proved the existence of Special Drawing Rights as legal tender for US Postal transaction making it a valid, legal substitute for the US Dollar.

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