What will ObamaCare and other exorbitant government spending do to our dollar?
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With the growing list of bailouts and stimulus packages (not to mention Obamacare, and U.S. troop presence in over 200 countries), multi-billion and even trillion dollar expenditures by our Federal Government have become a common occurrence. Where is the money coming from? A major source is the seemingly never-ending supply of dollars from the Federal Reserve and many predict that this setting up an untenable future for the value of the dollar. In this podcast, James Wilson of Downsize DC speaks with Michael Ostrolenk about what value-backed competing currencies might emerge in the event the public loses faith in fiat money.
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