Bankers in charge of our economies makes as much sense as candy makers being in charge of our diets
At the end of a good movie, oftentimes apparently unrelated events are woven together and it becomes clear how and why things happened. If, today, it feels as if we are at the end of an era, it is because we are; and, just like the movies, only at the end do certain events and the reasons for them become clear.
The removal of gold from the global monetary system was not by accident. It allowed governments to do what they could not otherwise do. Gold cannot be printed. Paper money can. Therein lays the cause and consequence of what is happening today.
The plight of the US dollar is dire. It is backed only by the fear of its collapse. Nations sell us goods and services and receive our dollars in return. If the dollar collapses before they can exchange them for something, they will have been swindled. China is the largest holder of US dollars and they would not like being swindled.
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