Worthless American Money

How can people shop with currency that is basically worthless?
Get ready for the soup lines, guys....


The US Dollar is already more worthless than at any time in its history according to the international currency market.

The trade-weighted US Dollar closed July 2007 at its lowest monthly value ever against the world’s other major currencies. It took a 12% drop in world stock markets to force enough short-covering to cause a bounce in the greenback.

Flooding Wall Street and Main with freshly printed bills - whether through sharply lower interest rates…or through direct intervention by the “Reconstruction Mortgage Corporation” that Bill Gross is calling for - will only remind the world why it was so bearish on the Dollar before the start of this month.

At OPEC summit, Iran's leader calls U.S. dollar 'worthless piece of paper'

Iranian President Mahmoud Ahmadinejad said Sunday that OPEC's members have expressed interest in converting their cash reserves into a currency other than the depreciating U.S. dollar, which he called a "worthless piece of paper."

"They get our oil and give us a worthless piece of paper," Ahmadinejad told reporters after the close of the summit in the Saudi capital of Riyadh. He blamed U.S. President George W. Bush's policies for the decline of the dollar and its negative effect on other countries.

"The dollar is falling, all heads of state were upset today because of the dollar. The value of their (financial) reserves has dropped," Iranian President Mahmoud Ahmadinejad said.

"Some said producing countries should designate a single hard currency aside from the U.S. dollar ... to form the basis of our oil trade."

I nominate a new form of currency that you make at home, formerly known as counterfeit money, but since the dollar had dropped in its value, maybe this new form of "home made money" may actually be worth more.