The Mogambo Guru, also known as Richard Daughty, writes that the collapse of the dollar is now overdue.

http://www.lewrockwell.com/daughty/mogambo24.1.html

"And all of this money, all these trillions and trillions in new money, must come, directly or indirectly, from the Federal Reserve creating it, which means that A Lot Of New Money (ALONM) is being jammed into the economy, which means (if you are a Junior Mogambo Ranger (JMR)) that the government is acting like irresponsible halfwit scumbags, and doubly so in letting the Federal Reserve do it, and that history has shown that the only thing that is going to save your proletariat butt in the inevitable collapse is gold."

Peter Schiff agrees:
http://www.lewrockwell.com/podcast/?p=episode&name=2009-08-24_132_why_th...

This image:
http://www.caseyresearch.com/images/1250943682-20090821.gif

Illustrates what is now happening. People all over the world are buying into the USA stock market, so the broad market average - Standard and Poor's 500 - a lot of stocks - is seeing a huge price compared to earnings. If the old norm of about 18 price to earnings ratio were restored today, the S&P 500 would be below 200 instead of over 1020.

The economy is being devastated by the Federal Reserve. Obama evidently loves the idea, so he has re-appointed Ben Bernanke (who couldn't be bothered to wear a tie to the announcement today). Bernanke is loved by the crooked scum who got huge bailouts last year.

The alternative? Free market money. You choose what you want to use for money, and I choose what I want to use. The issue power of money must be taken away from government. Happily, there aren't any new laws or rules needed. People in the free market can choose for themselves, now.