The elites knew this was going to happen -- do you think that they thought that the fiat system could last forever??? Of course they know, I think that now that everyone in the west is in debt up to the eyeballs (like the global elites wanted) and most people in west do not own precious metals, it is the perfect time to collapse this fiat system and go to back to "sound money" with some kind of gold backing. How could anyone object to this - right? So the economy shrinks and people and business's go bankrupt and this is great for the vultures to come in and buy everything up cheap. The key will be those that have access to credit and those that don't.