Decline of the Dollar thread (part 2)

[Long time lurking]

I take it the other one was nuked when it was in off topic ?

So much lost from the first thread regarding how this went from conspiracy two years or so ago to where we are now IMO it was a valuable archive lost

[Long time lurking]

 

[Long time lurking]

 

[Long time lurking]

[Long time lurking]

Desperately looking for revers gear now ,this IMO is why the batten has already been passed over,it was clear the day the MSM turned on Bidden 

There's no going back now all trust that was left has now evaporated 

 

[Long time lurking]

 

[Long time lurking]

 

[Long time lurking]

Democracy incoming 

[Long time lurking]

[Long time lurking]

8hr 2min on for those interested

 

 

[Red Debt Redemption]

On 08/10/2024 at 20:46, Long time lurking said:

China's 'father of quantum' regretfully passes away with sudden adult death syndrome just 2 years away.

[desertorchid]

[Long time lurking]

13 hours ago, desertorchid said:

It`s been obvious for a long time they would have to build the infrastructure and the messaging systems first before they could ever think about a common currency 

All the talk about gold backed reserve currencies was only ever that  ,as it was and still is being used as a way of storing wealth/reserves out of harms way of the western finical system ,you could say it is a reserve currency as it can be converted into whatever currency is required  just like any currency can buy it 

[jamtomorrow]

10 hours ago, Long time lurking said:

All the talk about gold backed reserve currencies was only ever that  ,as it was and still is being used as a way of storing wealth/reserves out of harms way of the western finical system ,you could say it is a reserve currency as it can be converted into whatever currency is required  just like any currency can buy it 

This in spades.

"Backing" sounds grand until you consider the question of who or what is responsible for implementing the backing, and who or what audits or verifies said backing.

Ultimately, it comes down to trust, and - it being 2024 - in that sense there isn't a Government or institution in the world that fits the bill. And you can't just magic up trusted institutions out of thin air - it don't work like that.

And that's before you even get into the fiscal-monetary dilemmas that currency unification would create (which, whether they like it or not, is what it would be).

[Long time lurking]

 

[desertorchid]

3 hours ago, Long time lurking said:

 

He really is a prat, a country doesn't choose to be in the reserve currency, its meaningless.

[Long time lurking]

 

[Pip321]

On 16/10/2024 at 07:19, Long time lurking said:

 

If I own all the ‘stuff’ then I would expect a tariff to mean ‘you can’t have our stuff anymore’ eg food, oil, baby clothes, clothes etc etc  

However in this totally bizarre world what this means is ‘we know you have the stuff we want, but we aren’t going to let you sell it to us’

The value of things is starting to surface rather than the price. So the value of real things is starting to outway the paper loans given in return for it.

[Long time lurking]

6 minutes ago, Pip321 said:

If I own all the ‘stuff’ then I would expect a tariff to mean ‘you can’t have our stuff anymore’ eg food, oil, baby clothes, clothes etc etc  

However in this totally bizarre world what this means is ‘we know you have the stuff we want, but we aren’t going to let you sell it to us’

The value of things is starting to surface rather than the price. So the value of real things is starting to outway the paper loans given in return for it.

The reality of that policy is simple massive inflation, so from that you can only come to one conclusion ,it`s nothing but talk  

[Long time lurking]

 

[Long time lurking]

 

[Long time lurking]

Another trope to why it could never work is gone 

 

[Long time lurking]

 

[Long time lurking]

It`s increasingly looking like the alternative to swift is on it`s way it will be implemented by the participating countries central banks via a digital currency/messaging system for cross border payments 

The companies which needs to make cross border payment will ask its bank to credit the central bank, which will then make the payment to the other parties /countries central bank  

[Pip321]

I know, we know the BBC are awful…..but they are reporting this as ‘Putin meeting….trying to show allies the West pressure isn’t working’ etc. 

I mean…..they have lost it completely. Everything they are reporting is either woke, agenda driven, a distraction, a lie or just plain shite.

Somewhere deep down its mentions it’s the BRICs meeting. 

And the public comments are only allowed on stories about firemen saving cats etc. They really don’t want us to think….just pay our tax, accept our fate and get jabbed or stabbed before state pension age.

 

Edited October 23 by Pip321