The US has been able to print money for 70 years with much less inflationary impact because the whole world is sopping up dollars to use in ever-expanding international trade. But the dollar is losing its status as Global Reserve Currency, as ever-expanding BRICS are trading among themselves. The result will inevitably be that a flood of dollars, held in foreign accounts, comes back to the US, causing uncontrollable inflation. Soon.
This is the reason that International Monetary Fund wants to transition everyone out of dollars, into a new CBDC that they control. We can't let them. It's too much power to be in one place. If all our transactions are digital and one (unelected) group is in charge of the ledger, they can just choke the assets of anyone who rubs them the wrong way.
Solutions to this are cash and blockchain digital currencies (where no one institution controls the ledger).
There is another step, Josh, the destruction of dollars, specifically "Eurodollars", which will help maintain $US value. A lot of dollars in the world are virtual, based upon unstable debt structures. A lot of "risk-assets" will collapse.
The top 10% minus .05% or so must take losses, including retirement plans.
So the controllers don't mind crashing the monetary system, as long as they figure out a way to profit from the mayhem. And they must do it in a way that appears to be salvageing an already untenable situation.
"Assignment of losses" is inevitable, as the cookie jar is mostly empty. Losses are what people get when yesterday's option on cashing out an account disappears for them, due to liquidity leaving the system. More about that today.
The wealth-disappearances are targeted onto certain demographics, like destroying Iraq's economy and Libya's economy "saved that oil for later".
As people never like to let go of power and this rapid rate of change is incredibly threatening to the existing power structure, governments around the world have become willing to violate their own laws to secretly pressure the tech companies to censor anything which threatens their power.
https://www.zerohedge.com/markets/imf-prepares-financial-revolution-say-goodbye-dollar
Gist of the ZeroHedge article:
The US has been able to print money for 70 years with much less inflationary impact because the whole world is sopping up dollars to use in ever-expanding international trade. But the dollar is losing its status as Global Reserve Currency, as ever-expanding BRICS are trading among themselves. The result will inevitably be that a flood of dollars, held in foreign accounts, comes back to the US, causing uncontrollable inflation. Soon.
This is the reason that International Monetary Fund wants to transition everyone out of dollars, into a new CBDC that they control. We can't let them. It's too much power to be in one place. If all our transactions are digital and one (unelected) group is in charge of the ledger, they can just choke the assets of anyone who rubs them the wrong way.
Solutions to this are cash and blockchain digital currencies (where no one institution controls the ledger).
There is another step, Josh, the destruction of dollars, specifically "Eurodollars", which will help maintain $US value. A lot of dollars in the world are virtual, based upon unstable debt structures. A lot of "risk-assets" will collapse.
The top 10% minus .05% or so must take losses, including retirement plans.
So the controllers don't mind crashing the monetary system, as long as they figure out a way to profit from the mayhem. And they must do it in a way that appears to be salvageing an already untenable situation.
"Assignment of losses" is inevitable, as the cookie jar is mostly empty. Losses are what people get when yesterday's option on cashing out an account disappears for them, due to liquidity leaving the system. More about that today.
The wealth-disappearances are targeted onto certain demographics, like destroying Iraq's economy and Libya's economy "saved that oil for later".
As people never like to let go of power and this rapid rate of change is incredibly threatening to the existing power structure, governments around the world have become willing to violate their own laws to secretly pressure the tech companies to censor anything which threatens their power.
https://www.semiotexte.com/pure-war
"War is carried out by all means.", Art of War
Nicely worded accolades, Glissmeister!
Thank you.
Gestalt-Therapist-John