Posted on 07/10/2023 2:17:49 PM PDT by nickcarraway
We just need to carry a bigger stick. Besides, we defend Europe at our expense, as one example. Maybe we disband or leave NATO. Imagine the cost to them for that? Better they respect us and the American dollar that is their lifeline. Same with other countries. They need us more than we need them.
Your definition of stupid is 180 degrees off.
To not have "faith" in BRICS is to not have faith in PM-backed currency; to have "faith" in the dollar is to have faith in worthless fiat and being a slave to glowBull Banksters, the FED and the IRS.
Where did you learn that from?
Naughty naughty BRICS. And they will be defeated by 5th generation warfare - nasty nasty words will be directed their way. Oh and sactions because you are not in the club you have unjoined that sanctioned you.
The sooner the better! Socialism in the US and Europe has ONLY been possible because of the World Reserve status of the dollar and the EU’s fiat currencies....you want to end Socialism here (by actually letting the population feel the TRUE cost of it)....END the fiat currencies that’s backed by NOTHING! This is why the central banks in the US/Europe are desperate to introduce the CBDCs (i.e. Reset) as soon as possible before it becomes apparent to the world that the Dollar isn’t worth the paper it’s printed on!
Are you so dense as to not realize that America's heavy handedness with its Russian sanctions abusing the Bretton Woods financial system started the whole problem?
Let us double-down on stupid and watch the world dump the US dollar even faster.
“To not have “faith” in BRICS is to not have faith in PM-backed currency; to have “faith” in the dollar is to have faith in worthless fiat and being a slave to glowBull Banksters, the FED and the IRS.”
So, have you converted all your assets from dollars to rubles, rands and reals?
> Besides, we defend Europe at our expense, as one example. Maybe we disband or leave NATO. <
That’s a great idea, regardless of the world monetary situation. It’s not 1950 anymore. Europe is now relatively wealthy. And Soviet tanks are no longer stationed just a few miles from the Fulda Gap.
Let Europe take care of Europe.
That is your opinion, and it’s not out of line with traditional thinking.
To “trust” China considering how they manipulate their currency would never be a good idea.
I can’t eat Gold or Silver or any other PM. Can I trade it for something else? Perhaps. Substitute fiat for PM’s and you’re back at ground zero for the most part.
Obviously, it’s not that simple, but I’m simply trying to get across that regardless of having PM’s backing a currency, that currency can still be manipulated and China is well versed in that.
No, we let supposed allies like India buy Russian oil without consequence. If we held firm, cut off those who cross us, and they need us more than we need them, then we’be be better off. Might makes right sounds quaint but we need to reestablish Pax Americana, not this whimpy apology and surrender mentality.
“All US commerce to/from must remain in US dollars and we should bar any US company from trading or using BRICS currency. Maybe cut off commerce with any company that uses it period. Kill this now”
Oh yeah! Let’s double-down on stupid!
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I was about to say the same thing! It’s truly amazing how many people, on “our side”, are clueless about the ramifications of a fiat currency! The US dollar is what has allowed a full blown take over by the Marxists/ Socialist of our society! Incredible...that they believe that doubling down on madness is the way to keep going!
You think you can ‘kill’ the idea that a fixed weight of gold has economic value and an ever inflating supply of paper notes will only decline in relative value?
Good luck.
rubles/rands/etc are fiat as well... in transition. The dollar doesn’t fall in a day, it is a process (well underway).
At the moment, best to stack on silver and gold, best to hold property. And, just to be complete... best to have *some* fiat for the confusion of the transition.
FedOne started July 5. ISO20022 and QFS are ramping up. G7 is ramping down, BRICS is ramping up.
Stick a fork in the dollar, and the FED/IRS/DSC that it rode into town on.
Do you have an audit to prove that?
For some reason the powers that be balked every time Ron Paul tried to legislate an audit of the Fed’s purported gold holdings.
“The ten countries with the most gold reserves are the United States of America, Germany, Italy, France, Russia, China, Switzerland, Japan, India, and the Netherlands. The United States of America ranks first with 8,133.47 metric tons, followed by Germany in second place with 3,355.14 metric tons, Italy in third place with 2,451.84 metric tons, France in fourth place with 2,436.5 metric tons, Russia in fifth place with 2,298.53 metric tons, People’s Republic of China in sixth place with 1,948.31 metric tons, Switzerland in seventh place with 1,040 metric tons, Japan in eighth place with 845.97 metric tons, India in ninth place with 768.8 metric tons, and the Netherlands in tenth place with 612.45 metric tons.”
Those countries who want a gold backed currency don’t have enough gold. If gold prices soar then the winners are the US and the EU.
“And if OPEC demanded the new currency for their oil, not to mention world trade for gas, steel, wheat, and other commodities.”
That would be huge if they can make that stick.
The US is very vulnerable because of gigantic, chronic, trade and budget deficits. W/O the $US as the international currency, the USA will not be able to print and not have hyperinflation.
Trying to sanction everyone into rejecting BRICS by limiting access to the dollar is just more of what is driving the BRICS currency in the first place !
There is still way too much ‘Merica, F*ck yeah ! braggadocio and BS
I’m old enough to have seen when that collapsed in the 1974 gas lines.
You can’t inflate non-paper currency?
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