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When The Global Monetary Reset Happens, Don't You Dare Forget Why

quoth the raven's Photo
by quoth the raven
Tuesday, Nov 16, 2021 - 14:07

Submitted by QTR's Fringe Finance

"What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about?"

-Morpheus, The Matrix

Not unlike the movie The Matrix, when Morpheus makes this now-famous speech to Neo, many people in the U.S. are walking around feeling the same type of intangible that Neo carried with him before being introduced to the matrix.

Many of these people, myself included, know deep down that something went horribly askew when we were taken off the gold standard in 1971.

And today, many people witnessing soaring inflation are starting to feel their spider senses tingle even more: something is definitely wrong with “the system”.

But not everybody can put their finger on exactly what is wrong. This is what makes our system so nefarious to begin with: its complexity. It’s also why I try to explain these feelings for people in podcasts like my most recent one discussing why now must be the time we start to discuss inflation seriously.

Source: Forbes

Left unchecked by gold, it took us less than half a century to destroy our currency, run production out of the U.S., become reliant on importing almost everything we use on a daily basis, turn the country into a third world country and run up a nearly $30 trillion national tab, all while the Fed has stacked almost $10 trillion in subprime crap onto its balance sheet.

Along our merry way we have also pissed on and/or made a mockery of almost every safeguard (like the debt ceiling) we once put in our place for our own future good.

Holy shit.

Source: Forbes

Make no mistake about it: we have become severely addicted debt and spending junkies, horrifyingly misinformed at best and nefariously negligent to the consequences of our actions at worse.

And now, the train is officially off the tracks.

Tea leaf reading isn’t my specialty and I’m hardly the world’s greatest analyst, but I like to think that I’m not totally numb to common sense and certain signs that pop up during my day-to-day.

For example, I was one of the first to point out that it was just common sense that Covid would be a big deal in the U.S., and I also pointed out that it was just common sense that the lab leak theory was the most likely theory. Other “bold” predictions that I’ve made - like that President Biden won’t finish his first term - to me, fall into the realm of common sense, too. Much of my macro analysis is also simply just common sense.

And so common sense tells me that a headline like this one shouldn't be ignored...(READ THE REST OF THIS ARTICLE HERE). 

 

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