Keynesian Economic Dream Playing Out in ArgentinaRedmond Weissenberger, Contributor But dont count the United States out of the global race toward monetary self-destruction just yet. With over a trillion dollars floating around the banking system and Federal Reserve Chairman Ben Bernanke intent on eroding even more of the greenbacks value to boost the economy, there is no telling when the whole convoluted scheme will blow up in his face. We are already in uncharted territory according to Julia Coronado, chief economist for North America at BNP Paribas. The day of reckoning for the US dollar could come any day now. Americans should start looking at Argentina as a sign of whats to come rather than a possible vacation destination. And they should start looking at gold as a safe haven instead of their bank accounts. Redmond Weissenberger is the Managing Editor of The Dollar Vigilante and the Founding Director of the Ludwig von Mises Institute of Canada, the centre for the study of the Austrian School of Economics within Canada. Redmond founded the LvMIC in 2010 to address the lack of knowledge about the true cause of our booms and busts of the last 100 years and the need for sound money and sound economics to be applied to the Canadian and global economy. linkwithin_text=Related Articles: 