posted on Jun, 7 2012 @ 07:17 PM
"Nationalize" how? If your entire financial system is gone, and your money is worthless, and you don't have a new currency at the ready, or that
new currency is still worthless (like the Drachma might be), how do you take over something you can't do any better with than the original owners?
If I were the POTUS, I would ban fiat and any reincarnation of the Fed, institute the Treasury-printed Greenback, and insist on payments in gold for
foreign exchanges unless their money is sovereign (non-central bank/fiat) or gold-backed. You wouldn't get a whole lot of takers (besides Germany,
Switzerland and China maybe), but the ones you did get would have something with intrinsic value to add to the US instead of trading sound Greenbacks
for worthless paper, and it would end currency exchange BS.