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21 thoughts on “Triffin’s Paradox: Will It Lead To An Economic Collapse?”
"The main obstacle to a stable and just world order is the United States." -George Soros George, these things that you talk about were all worked out by the Bilderbergers, et al. They're not accidental. The establishment of the New World Order is the agenda. It's a luciferian/satanic conspiracy being carried out by those who have sold their souls to the devil for material advantage in this world. They have betrayed God and their fellow man and will face Judgment for that. " . . . what does it profit a man to gain the whole world and forfeit his soul?" -Mark 8: 36 Jesus spoke these words to them.
There is no doubt in my mind the rubicon has been crossed … for those that don't believe, just look to China – the second biggest economy in the world who are dumping dollars and have said they plan to dump more inc. US Govt Securities. Their buying Commodities with their USD. China and other Nations have also begun bypassing the global trade USD payment systems, and why wouldn't they with both a weaponised Deep State USD AND a rapidly depreciating Global Reserve Currency? They would be mad not to.
I heard that Bank of America is saying that the FED is going to create inflation from a created digital currency. They will give it to people in a wallet so they can only consume the basic needs to survive. Our finances will be Fed and Federal Government controlled. How long with this game last?
how does software come into play here. We develop a ton of innovative software that is consumed by the world. Why doesn't that count? Isn't that stuff? America is the innovation hub of the world. With out our innovation how do things get better?
I don't understand economics to well, but you were talking about US moving from manufacturing to services. The money from services are also entering in the economy. Why does it matter if the manufacuring is going down as services are going up, supposing the amount of money produced is the same?
One scenario will soften the Triffin landing. That is a return to the gold standard. Not until the dollar is smashed though. Weimar Germany style. The digital blockchains are getting ready to sit on the various gold reserves. Fiat debt once the dollar has crashed to one million to an ounce of gold will allow the existing gold reserves o clear foat debt in the US using a fraction of the 8000odd tons. Th is a reason government treasuries have held their gold and purchasing more if they dont have enough. The gold isnt held by the feds though. Their not trusted to hold it LOL. Banks gold will go to treasuries once thevebeen smashed.
Great content as always! Though the coronavirus caused a historic fall in global markets—crypto markets included— pundits still argue that now is the right time to buy Bitcoin and trade, rather than sell. It's smarter to earn profit and stack up in this bear market by getting your holdings into the active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr Douglas Murray’s trading guide and signals, Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..
The deficit is made up by tech! We don’t manufacture, we invent and innovate essentially the idea is what make America money. Do not forget America is growing in assets nobody talks about it
"The main obstacle to a stable and just world order is the United States." -George Soros
George, these things that you talk about were all worked out by the Bilderbergers, et al. They're not accidental. The establishment of the New World Order is the agenda. It's a luciferian/satanic conspiracy being carried out by those who have sold their souls to the devil for material advantage in this world. They have betrayed God and their fellow man and will face Judgment for that. " . . . what does it profit a man to gain the whole world and forfeit his soul?" -Mark 8: 36 Jesus spoke these words to them.
Big fat value added tax to soak up the dollars before the bond market finally trashes the fairy tale.
There is no doubt in my mind the rubicon has been crossed … for those that don't believe, just look to China – the second biggest economy in the world who are dumping dollars and have said they plan to dump more inc. US Govt Securities. Their buying Commodities with their USD. China and other Nations have also begun bypassing the global trade USD payment systems, and why wouldn't they with both a weaponised Deep State USD AND a rapidly depreciating Global Reserve Currency? They would be mad not to.
I heard that Bank of America is saying that the FED is going to create inflation from a created digital currency. They will give it to people in a wallet so they can only consume the basic needs to survive. Our finances will be Fed and Federal Government controlled. How long with this game last?
Off the cliff looking forward. The bottom is fast approaching, but no one is willing to look down.
@14:25 So much for that Trump Manufacturing 'Renaissance.'
"Trade wars are good and easy to win." – DJT
Why would you build manufacturing in CA? It's a Democratic state and will slap u with a wealth tax! Even Elon Musk is leaving
George what about the Green Economy ? Isn't that a real option for the USA ?
how does software come into play here. We develop a ton of innovative software that is consumed by the world. Why doesn't that count? Isn't that stuff? America is the innovation hub of the world. With out our innovation how do things get better?
I don't understand economics to well, but you were talking about US moving from manufacturing to services. The money from services are also entering in the economy. Why does it matter if the manufacuring is going down as services are going up, supposing the amount of money produced is the same?
i can't understand why bbc has call G.Gammon channel a fake news
europe can't really make euro standard without dollar or they (i am italian) will face russia and china
US is a atomic and military n°1 power. Other country have to think about it before leave the dollar standard.
Now Indonesia-China use Rupiah-Yuan instead of dollar
Good info. We’ve crossed. 1-2 years tops.
One scenario will soften the Triffin landing. That is a return to the gold standard. Not until the dollar is smashed though. Weimar Germany style. The digital blockchains are getting ready to sit on the various gold reserves. Fiat debt once the dollar has crashed to one million to an ounce of gold will allow the existing gold reserves o clear foat debt in the US using a fraction of the 8000odd tons. Th is a reason government treasuries have held their gold and purchasing more if they dont have enough. The gold isnt held by the feds though. Their not trusted to hold it LOL. Banks gold will go to treasuries once thevebeen smashed.
Stop stereotyping millenials you greedy genX-er!
We have crossed the line already, and we will go way beyond it until hell breaks loose unfortunately…
I've been thinking the economy would collapse in 1980, so what do I know.
Great content as always! Though the coronavirus caused a historic fall in global markets—crypto markets included— pundits still argue that now is the right time to buy Bitcoin and trade, rather than sell. It's smarter to earn profit and stack up in this bear market by getting your holdings into the active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr Douglas Murray’s trading guide and signals, Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..
The deficit is made up by tech! We don’t manufacture, we invent and innovate essentially the idea is what make America money. Do not forget America is growing in assets nobody talks about it