Russian lawmaker wants to outlaw U.S. dollar, calls it a Ponzi scheme
Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to the country’s parliament on Wednesday that would ban the use or possession of the American currency.
Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to a Ponzi scheme. He warned that the government would have to bail out Russians holding the U.S. currency if it collapsed.
MORE: http://p.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/
Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to a Ponzi scheme. He warned that the government would have to bail out Russians holding the U.S. currency if it collapsed.
MORE: http://p.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dollar-russia/
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