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Another Prime Example Of FEAR: Good People Afraid of Abandoning The Destructive System
If you follow the geopolitics, you might reasonably conclude that the dollar’s dominance has peaked and is now declining. The SCO appears to believe there can be a transition away from the dollar, an idea that could turn out to be dangerously wrong at a time of great but generally unrecognised currency fragility. At the heart of the issue there is a worrying lack of distinction between the dollar’s reserve function and its function as the monetary standard from when it replaced gold in 1971. -Alasdair Macleod
Tagged with: Alasdair Macleod, all wars are banker's wars, banking cartel, banking crime, banking fraud, banking system, belief system, BRICS, central bank, central planners, change, corruption, criminal syndicate, crisis, currency, currency wars, danger, dangerous, Debt Crisis, debt monetization, deflation, distinction, dollar, duress, emerging paradigm, exchange value, faithful slave, false assumptions, false belief, Federal Reserve System, food price, fractional reserve banking, fraudulent system, G7, global matrix, gold standard, government debt, institutional crime, interest rate, monetary base, monetary crisis, monetary policy, monetary system, money, money as debt, money cartel, money masters, national currencies, national debt, nuance, obedient slave, odious debt, perpetual debt, perpetual fear, policy makers, ponzi economy, price inflation, profit motives, research, rich, rigged system, risk, SCO, Shanghai Cooperation Organization, shift, slave, Sovereign Debt, syndrome, system of control, system of crime, taxation, trade, Treasury Bonds, wealth, world reserve currency, worthless paper
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