Dumping the dollar has some advantages for the U.S. and Americans.
For the United States there are two major issues about the U.S. dollar (USD) as the preeminent World Reserve Currency:
Dumping the dollar has some advantages for the U.S. and Americans.
For the United States there are two major issues about the U.S. dollar (USD) as the preeminent World Reserve Currency:
Today a friend asked me:
“Who do you follow for economic info that is TRUSTWORTHY??”
I think the question is very important, therefor I decided to reply with this post…
De-dollarization:
Be alert to what the central banks are doing, don’t be distracted.
Central banks are rarely blamed for the disruptive policies, social unrest, and wars they cause.
How vulnerable is the U.S. Southern border?
The point is, you can detect the trend, and you have a need to know the truth.
You have choices, you can take your money out of the banks, you can transform national currency into land and other tangible assets.
Apparently, the Banksters’ plan is to use the crisis in the next “DEEP RECESSION” to transition into the cashless society.
Governments with mountains of debt are resorting to tax hikes and austerity policies.
All pensions are threatened…
Is this (flip-flop) the IMF’s signal for escalating the Trade/Currency wars?
GLOBALIZATION:
For years we have been warning about Virtual Currencies, Digital Currencies, System Reset, IMF’s 2010 Reform Treaty, Mandatory Bank Account, Transaction Currency, Payment System, SWIFT Clone/Redundancy, Digital Surveillance, De-dollarization, Currency Wars, War on Cash, 100% Tax Compliance, and the Cashless Society – Indeed they are all related!
Everything About This Is Strange
Some analysts, especially Chinese officials, fear that Trump may resort to trade and currency wars against China to prop up the American economy.
Here we are with the World Bank helping China issue SDR-denominated bonds. This is the real reason that this bond issue is happening at all.
SDR bonds create the market for SDRs generally and legitimate their use as a settlement currency in their own right.
The New SDR, where as the RMB, AIIB and CIPS will mark their major roles in assisting the emerging markets increase international trade in exchange for the weaker national currencies/goods/services within investment banks, clearing banks, and central banks’ transactions mechanism.
This no accident, this is policy:
The 20th Century witnessed the system reset with a shift from Europe to America.
Expect the 21st Century attempt system reset with a shift from the U.S. to the East.
How Exposed are Sovereign Wealth Funds (SWF) and other institutional investors to Negative Interest Rate Policy (Japanese Government Bonds)?
The evidence is very revealing, and bank officials appear to be in a panic.
Brazil (the largest country in South America in Land, Population, and Economy) reports to be in a economic depression while Canada reports to be in a recession.