About the Nothing Store

As Obama and crew print and borrow more and more money, the U.S. dollar faces an uncertain future.

But three cheers for our Unmighty Dollars -- print as many as you like. They're already worth Nothing, so they can't go down in value.

Comments? Email The Nothing Store team!

The Nothing Store issues new currency weekly.


Counterfeiting Instructions:

Click on a denomination above, print the bills, cut them out, and stuff in an envelope. Send to your congressman or senator marked as a CAMPAIGN CONTRIBUTION. They'll get the message! For the address of your congressman, click here for senators and here for representatives.



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DUCK AND COVER



 

"You may not be interested in war, but war is interested in you." - Leon Trotsky

Our mother didn't raise us to be war profiteers, but life takes funny turns, and if the current bunch in Washington insists on waging a currency war, we don't intend to be victims.
Neither do worried leaders around the world. They have been screaming bloody murder of late, warning of the dangers of such a war. Diplomatic niceties have been forgotten. The gloves have come off.

"US policy is clueless," said Germany's finance minister.

"It does no good at all to just throw dollars from a helicopter," said the Brazilian finance minister, who complained bitterly about what a currency war was doing to his economy.

"The artificial setting of a numerical target cannot but remind us of the days of planned economies," said a Chinese deputy foreign minister, a member of the Communist Party and presumably one who is well-acquainted with the unintended consequences of planned economies.

Who can blame them? Imagine the Chinese, finally awakening from decades of impoverished slumber. Just as they glimpse the golden ring of prosperity, they realize their hard work is being rewarded with ever-more worthless pieces of paper conjured into existence by our Federal Reserve.

Meanwhile, Congress piles up more debt in an orgy of vote buying.

These foreigners are not so dumb; they will take steps to counter the flood of paper dollars, but will that stop the presses? Not likely. This is a war against reality, a tough foe, so Bernanke and company will double down, bring in the really heavy artillery and lob currency bombs willy-nilly upon the world. The US has spent too much, and the politicians can't resist just printing money to pay off the creditors.

We Know Nothings here at the Store are not that smart, but we saw this coming and bought gold when it was less than $300 an ounce. Last week it hit $1,400. We continue to protect ourselves by buying as much gold, silver, oil and other real assets as our meager budget will allow.

Where will it all end? Who knows? Could a currency war morph into a shooting war? History does not lack for examples.

We are Conscientious Objectors for this war. We think it's immoral. We think, as the Founders did, that hard work should be fairly rewarded, that debt is a something to be temporarily endured, not encouraged, and that wealth is not a finite pie to be fought over. We want the pie to grow; we want everyone to get a share.

We weren't around in 1934 when Roosevelt confiscated all the gold in private hands and started printing money to achieve his social goals. But well we remember the 1960s. We didn't like much of what the government did then, and we don't like it now.

And we have the same message for Obama and Bernanke as we did for LBJ:

Hell no, we won't go!