the way to solve the problem of the dollar is to kill US dependency on foreign oil
If only that were true we could easily fix the problem. But it's not.
Inflation is inherent in our banking system which is based on the principle of "Fractional Reserve Banking". In a nutshell that means that U.S. banks can loan out multiples of their total deposits. For example, if a bank has total deposits of, for example, $1.0 billion they might loan out $5.0 billion. Where does that money come from? The answer is it comes right out of thin air. So the bank pays out interest to the depositors for $1.0 billion while collecting interest on $5.0 billion. That's better than a Ponzi scheme because it can go on forever and it's not against the law. In fact it is in strict compliance with the law. It just happens to have this interesting side effect that sometime in the future a roll of toilet paper will cost more in dollars that it cost to build the Empire Estate building. This system guarantees that will happen.
Fractional Reserve Banking has been in place for nearly 100 years in this country and it has continuously diluted the value of your and my savings. It is, as a wise man once said, the reason there is no more penny candy, just dollar candy. Your grandchildren will one day ask: Whatever happened to dollar candy?
So a communist/socialist foreign fiat currency is going to command more confidence than a capitalist fiat currency?
What we need to do to fix this is give the communist from Kenya the boot along with the commie freak show in D.C.
Then…
lower taxes on individuals AND corporations,
enforce existing lobbying laws,
massively deport criminal illegal aliens and
regain control of our southern border,
correct the “issues” of naked short selling and insider trading in our stock exchange and
start re-exploring, drilling and producing energy from the Outer Continental Shelf,
build new technology nuclear power plants and
develop the clean coal-fired power plant as well as
mine the clean coal we have right here (sorry Indonesia)
provide mortgage assurance services only to real citizens that can actually pay
etc, etc.
The U.S. economy will zoom to the stratosphere and the “world currency/world bank” commies will have to crawl back into their slimy little holes.