Reserve Currency

Heretical Thoughts And Doing The Unthinkable

According to the “social contract theory,” we all have our roles and responsibilities. As citizens, we have a duty to inform ourselves, pay our taxes, rat out our neighbors, vote, volunteer for military service, get frisked by the TSA... and let ourselves get robbed and bullied by every jackass in a position of power. Our leaders have responsibilities, too. They are supposed to respect the constitution, except when it is inconvenient for them. Our “leaders” – aka the Deep State – can change the terms any time they want. What kind of contract is it where one party can change the deal and the other can’t? And where the other party was never given the opportunity to negotiate it, or even approve it? It’s not a contract at all. It’s just part of the mythology of modern democracy.

What Will The Global Economy Look Like After The "Great Reset"?

The globalist reset needs a trigger, a crisis which admittedly we do not have the ability to avoid. But, the reset also depends on the right people in place to rebuild the system after the crisis unfolds. Here is where the future can be determined. Whoever is left standing after the opening salvo will have a choice: to hide and hope for the best, or to fight for the position to choose who builds tomorrow. Will it be the psychotic globalist cabal, or will it be free people of conscience? It may not seem like it now, but the end result is up to us.

The Coming War Of Central Banks

History has shifted, and we're leaving the era of central bank convergence and entering the era of central bank divergence, i.e. open conflict.

Trump On Debt Renegotiation: "You Never Have To Default Because You Print The Money"

"If interest rates go up, we can buyback debt at a discount if we are liquid enough as a country. People say I want to default on debt - these people are crazy. First of all you never have to default because you print the money I hate to tell you, so there is never a default. It was reported in the NYT that I want to default on debt - you know I am the king of debt, I love debt, but debt is tricky and its dangerous. But let me just tell you: if interest rates go up and bonds go down, you can buy debt - that's what I'm talking about."

De-Dollarization Accelerates As Russia Nears Launch Of Ruble-Priced Oil Trading Platform

It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as Vladimir Putin's "dream" of ruble-based pricing of its domestically-produced oil is on the verge of realization. SPIMEX (The St. Petersburg International Mercantile Exchange) is actively courting international oil traders to join its emerging futures market, which as Bloomberg reports, is designed "to create a system where Russian oil is priced and traded in a fair and straightforward way."

"Fairness" & Earth's Greatest Currency Manipulator

The 2016 election has laid bare the deep insecurity of America’s ageing working-class, their resentment toward foreigners, competition, change. While America’s youth clamor for fairness, a future free from crushing student debt, the oppression of a government owned by and run for big business, the US Treasury is responding, warning our trading partners against artificially weakening their currencies, stealing our growth, depressing our wages, destroying our jobs.

Taking The 'Petro' Out Of The Dollar

While the Arab countries floated themselves on oceans of petro-dollars forty years ago, they have little need for them now. So we must now turn our attention to China, which is well positioned to act as white knight to Saudi Arabia. China’s SAFE sovereign wealth fund could easily swallow the Aramco stake, and there are good strategic reasons why it should. A quick deal would help stabilise a desperate financial and political situation on the edges of China’s rapidly growing Asian interests, and keep Saudi Arabia onside as an energy supplier. China has dollars to dispose, and a mutual arrangement would herald a new era of tangible cooperation. The US can only stand and stare as China teases Saudi Arabia away from America’s sphere of influence.

US Treasury Gives Explicit Warning To China, Germany And Japan Not To Devalue Their Currencies

"Treasury is creating a new “Monitoring List” that includes these economies: China, Japan, Korea, Taiwan, and Germany. China, Japan, Germany, and Korea are identified as a result of a material current account surplus combined with a significant bilateral trade surplus with the United States. Taiwan is identified as a result of its material current account surplus and its persistent, one-sided intervention in foreign exchange markets. Treasury will closely monitor and assess the economic trends and foreign exchange policies of these economies."

These Five Trends In China Will Change The Gold Market

The gold market will soon be very different than from what we see today - largely due to the current developments in China. China’s influence will impact not just gold investors but everyone who has a vested interest in the global economy, stock markets, and the US dollar. After all, China will be a dominant force in all, as most analysts project. Here are the five trends in China that will change the gold market forever...

Ron Paul Asks "What Did Fed Chairman Yellen Tell Obama?"

Yellen’s secret meeting at the White House followed an emergency secret Federal Reserve Board meeting. The Fed then held another secret meeting to discuss bank reform. These secret meetings come on the heels of the Federal Reserve Bank of Atlanta’s estimate that first quarter GDP growth was .01 percent, dangerously close to the official definition of recession. Thus the real reason for all these secret meetings could be a panic that the Fed’s eight year explosion of money creation has not just failed to revive the economy, but is about to cause another major market meltdown.

The 2016 "Rage, Fear, & Anger" Election: Ron Paul's Deep Dive Into The Real Issues

"The major issues that both parties and their candidates agree upon include: the central bank’s monetary policy; welfarism; federal government involvement in education and medicine; the drug war; privacy abuse; preemptive war; foreign interventionism; and the US as the policeman of the world with increased spending for the military. The 2016 election won’t make any difference in any of these areas. The American people continue to be deceived into believing elections are serious affairs that affect our future. The Deep State will remain in charge regardless of the outcome and few will even be aware of the invisible fist that rules over us."