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Thursday, October 24, 2013

Obituary for the Dollar

The Dollar passed away yesterday after a long battle against inflation and fiscal lunacy. The world's reserve currency for over 50 years, the Dollar was treasured as a hard currency for the purchase of oil and for global trade.

The Dollar enjoyed over 150 years as a standard of value backed by gold and silver. Sadly, the Dollar entered a long decline in 1973 when it lost its gold backing.

The Dollar was preceded in death by the Zimbabwe Dollar, the Yugoslavian Dinar, the Hungarian Pengo, the Weimar Mark, and many others. It is survived by the British Pound, the Australian Dollar, the Euro, the Yen, the Swiss France, and the Yuan.

In lieu of flowers, the following videos may be sent to the current chairman of the Federal Reserve, the President, every member of Congress, and every voter:

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