Bankruptcy of Our Nation (Revised and Expanded). Jerry Robinson

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      First printing: March 2009

      Second printing: April 2009

      Revised and expanded edition: July 2012

       Revised edition fourth printing: May 2020

      Copyright © 2009, 2012 by Jerry Robinson. All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission of the publisher, except in the case of brief quotations in articles and reviews. For information write:

      New Leaf Press, P.O. Box 726, Green Forest, AR 72638

      New Leaf Press is a division of the New Leaf Publishing Group, Inc.

      ISBN: 978-0-89221-713-7

      ISBN: 978-1-61458-260-1 (digital)

      Library of Congress Number: 2009923747

      Cover by Thinkpen Design

      Unless otherwise noted, all images are from shutterstock.com.

      Wikimedia Commons: pages 53, 57, 67, 68, 69, and 80. Images from Wikimedia Commons are used under the CC-BY-SA-3.0 license or the GNU Free Documentation License, Version 1.3.

      Unless otherwise noted, Scripture quotations are from the New King James Version of the Bible.

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      Others are saying . . .

      Jerry Robinson’s conclusions about the state of the American Empire are spot on in Bankruptcy of Our Nation. Not only is Jerry a modern-day Copernicus when it comes to economic issues, but he has the moral fortitude to tell the truth in these challenging times — which you will never get from the mainstream media.

      Barry James Dyke

      President of Castle Asset Management, LLC of Hampton, NH

      Best-selling author, The Pirates of Manhattan I & II

      Mr. Robinson has written a good history of the development of modern money systems with valuable specific practical recommendations based on the trajectory of that history. This is understandable history and practical investment advice in one volume. It will provide a valuable guide and positive investment returns to those who follow his well thought out advice.

      Bud Conrad, chief economist, Casey Research

      Author of Profiting from the World’s Political Crisis

      In his book, Bankruptcy of Our Nation, Jerry Robinson does an excellent job of explaining the “Petrodollar” system, which is the 1971 agreement between OPEC and the United States that, in return for military protection by the U.S., Middle Eastern oil-producing countries would accept only U.S. dollars for their oil and invest their profits in U.S. bonds. The present unraveling of this agreement will have a profound impact on the destruction of the U.S. dollar as the world’s reserve currency and that, in turn, will put the U.S. into bankruptcy. This book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself.

      G. Edward Griffin, author, researcher, and filmmaker

      Bankruptcy of Our Nation is a must read for anyone with any money in the stock market. Whether it’s in a brokerage account, 401K, IRA, Roth, wherever it is . . . this is the one book that needs to be on your reading list! As a financial advisor for the past 17 years, I have come to trust Jerry Robinson’s timely advice and mission to educate the public about the hidden dangers in the U.S. and global economies.

      Jerry, whom I have the honor and privilege of calling a friend, has put together a survival guide that will help steer you through what I believe will be a very tough road over the next several years. But in these hard times will come tremendous opportunity for those who are aware and ready to seize the moment. This is where Jerry delivers big time in Bankruptcy of Our Nation! He helps readers create an action plan to thrive in the days ahead. He covers ground that the mainstream media won’t touch and when they do it will be far too late. Now is the time to start planning ahead for a tumultuous fallout from the reckless actions of the Fed. Don’t waste another second, do yourself and your family a favor and read this book today.

      Jay Peroni, CFP® Chief Investment Officer,

      Faith-Based Investor, http://www.faithbasedinvestor.com

      Author of The Faith-Based Millionaire and The Faith-Based Investor

      A provocative and mind-opening analysis of what went wrong with our economy and a bold strategy for coping with the future.

      John Perkins, New York Times best-selling author

      Hoodwinked, Confessions of an Economic Hit Man, The Secret

      History of the American Empire, Shapeshifting, The World Is As

      You Dream It, Psychonavigation, The Stress-Free Habit

      Spirit of the Shuar

      I just finished reading Jerry Robinson’s excellent book Bankruptcy of Our Nation. Not only does he get the entire picture, he makes it all easy to understand!

      Charles Goyette, New York Times best-selling author of

      Red and Blue and Broke All Over and The Dollar Meltdown

      Jerry Robinson puts forth a thorough yet digestible study on the economically unsustainable financial system Americans have been bound to and some sound methods and practices the individual can take to break the chains and truly be individual.

      Gerald Celente

      http://trendsresearch.com

      Contents

       Introduction

       1. What Is Money . . . Really?

       2. A Short History of Fiat Currencies

       3. The Rise and Fall of the Golden Permission Slip

       4. The Petrodollar System: Same Game with a New Name

       5. Petrodollar Wars: Protecting Dollar Demand through the Barrel of a Gun

       6. The History of the Federal Reserve (or How America Lost the Revolutionary War)

       7. Modern Money Mechanics: What the Banksters Do Not Want You to Know

       8. America: The Greatest Debtor Nation in World History

       9. The Retirement Crisis

       10. The Coming American Hyperinflation and Dollar Collapse