I would argue that ditching the gold standard was a significant moment for unleashing inflation.
Everything that is happening now should be seen through the lens of US$ decline as the world's reserve currency and the US's most potent weapon.
Given that BRICS are steaming ahead with their own trading platforms. That the world's fiat currencies are in terminal decline and FRED data though questionable points to a tsunami of bank failures on the back of US commercial property insolvencies, we are facing a currency reset or WWIII.
Politicians have never been more inept and corrupt and our trust in institutions, government and the corporate world has evaporated.
So I would say 2024 is a pivotal year in the growing tension between democratic ideals and those that have lost their moral compass
I would argue that ditching the gold standard was a significant moment for unleashing inflation.
Everything that is happening now should be seen through the lens of US$ decline as the world's reserve currency and the US's most potent weapon.
Given that BRICS are steaming ahead with their own trading platforms. That the world's fiat currencies are in terminal decline and FRED data though questionable points to a tsunami of bank failures on the back of US commercial property insolvencies, we are facing a currency reset or WWIII.
Politicians have never been more inept and corrupt and our trust in institutions, government and the corporate world has evaporated.
So I would say 2024 is a pivotal year in the growing tension between democratic ideals and those that have lost their moral compass