China’s New Gold-Backed Oil Benchmark to Deal Blow to U.S. Dollar

https://www.thetrumpet.com/16266-chinas-new-gold-backed-oil-benchmark-to-deal-blow-to-us-dollar ^ | 13 Sept 2017

[weeweed]

I think you’ve raised the central point that is the underpinning of the global monetary system, trust. The dollar is based on the “good faith and credit” of the United States Government. Think about that. The momentum has been accelerating for some time towards the collapse of Western monetary policy. The foundations of our economic strength have been almost completely hollowed out. Our productivity is a shadow of what once was relative to our debt. The Western population has neither the ability nor the inclination to produce the wealth it will take to dig out from decades of smothering debt-load. The centralized top-down communist workforces can be made to work unto exhaustion while the daiLy discrediting (literally) of the Federal government will eventually expose the true corrupt, bankrupt, and hopelessly insolvent reality of our pretend wealth such that no reasonable investor will dare cast their lot with America. Imagine what a true audit of the FED would reveal. It’s a done deal and it’s been perpetrated from within for a very long time. Have a nice day....