12HPXH6C6PsrionmpMwLBeXzLcufVNUW7G (8015) ·
Many goldbugs believe they need to protect themselves from inflation but simultaneously believe real interest rates will skyrocket and burst equity and residential real estate bubbles.
Newsflash: There is no Paul Volcker. It's controlled demolition time.
Replies
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
Agreed.
Interest rates cannot rise henceforth in any meaningful way.
Systemic endgame and reset inevitable.
Reset to what? that's the question, and USD has most to lose. SDR has been in wings, will be digital perhaps? 1 world needs 1 currency
18xEUFHkRNdJWiDSPURAJVV5A3iuw4e1Rk (21877) ·
Why does the world need one currency? It's very hard for me to mourn the freedom to choose between a basket of cryptos. Everyone seems to agree on this idea, even while it is obvious we need a vibrant financial market with many negotiable instruments...
12HPXH6C6PsrionmpMwLBeXzLcufVNUW7G (8015) ·
Powell committing to the zero-bound "until 2023" is code for "until we blow the current USD up"
There are viable plans for a radically deflationary one world currency:
https://www.activistpost.com/2015/07/masters-of-metal-china-rothschild-fix.html
but...
12HPXH6C6PsrionmpMwLBeXzLcufVNUW7G (8015) ·
...it's hard to imagine a coalition of current 30Y Treasury holders rolling into a new monetary rail together.
These aren't the Globalists of J.D. Rockefeller Jr. & Co - they had vision and worshiped legacy.
We're dealing with the B-Team now.
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
Why was there a push for the Euro?
The reality is that it all merges to 1, and with globalistic power players still operating that push will never end, eventually it happens. Crises now allow opportunity to make the push, or at least set the foundations.
1MxVGg8spimKZEc4uj4NgriR39XVk4L54H (3981) ·
Good insight. I have said prior, and still believe likely, in an inclusion of up to 20% gold in the SDR. What occurs thereafter w inclusion of various national fiat currencies is something I don't see as viable longterm, but likely at start, but adustable.
18xEUFHkRNdJWiDSPURAJVV5A3iuw4e1Rk (21877) ·
The push for the Euro was top down, and the history of private sector money, with no blockchain to keep the issuers honest has been one of mostly fraud with competition trying to keep things in check. I want a competitive free market for paper!
18xEUFHkRNdJWiDSPURAJVV5A3iuw4e1Rk (21877) ·
The push for the Euro was top down, and the history of private sector money, with no blockchain to keep the issuers honest has been one of mostly fraud with competition trying to keep things in check. I want a competitive free market for paper!