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See who's rejected U.S. dollar now!
Posted By -NO AUTHOR- On 08/12/2013 @ 10:12 pm In Front Page,Money,U.S.,World | No Comments
Torn by civil war for years. Tens of thousands dead. Al-Qaida, among other terror groups, rising up en masse. And what does Syria consider a priority?
Getting rid of the U.S. dollar.
That's according to this week's program by economist, columnist, radio host and international speaker Jerry Robinson, whose "Follow the Money Weekly" program, addresses the issue.
He reports as the nation of Syria is confronted with an annual inflation rate of more than 200 percent, President Bashar Al-Assad has placed fierce currency controls on his nation, "outlawing the use [of] all foreign currencies for any financial transactions."
Robinson talks with Steve Hanke, a professor of applied economics at Johns Hopkins University and a senior fellow at the CATO Institute, about the development.
He also addresses that inflation report.
Later in the program, Tom Cloud comes to the microphone for his weekly precious metals update, and Certified Financial Planner Jay Peroni talks about his investing idea of the week.
Robinson also has an interview with a 17-year-old homeschool student, Elijah Johnson, "who has been studying the roots of the economic crisis for the last couple of years and wants to help wake up his generation to the reality of America's crumbling monetary system."
While America endures the worst economic conditions since the Great Depression, with no end in sight, it's not too late for Americans to insulate themselves and their families from its ravages, says author Jerry Robinson, whose book "Bankruptcy of our Nation" is already helping many do just that.
Podcast is 59:35.
Jerry Robinson is an economist, published author, columnist, radio talk show host, and international conference speaker. Robinson has been quoted as an economic authority by USA Today, FoxNews and many other news agencies. His columns have appeared regularly in numerous print and web publications, including WND. In addition, Robinson is also the editor-in-chief of the popular economic newsletter, "Follow the Money Quarterly."
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