Anonymous ID: 1d767a Aug. 3, 2020, 8:27 p.m. No.10175466   🗄️.is đź”—kun

 

In short, things are starting to spin out of control, which is not the same as advocating a re-boot. And the debasement of money is inevitable. That’s why Currie points to the disconnect between the gold price (which usually governments like to repress), and a weakening dollar. If it is out of the Fed’s control, it is ultimately (post-November) out of Trump’s hands, too.

 

Should confidence in the dollar begin to evaporate, all fiat currencies will sink in tandem – as G20 Central Banks are bound by the same policies as the U.S.. China’s situation is complicated. It would in one way be harmed by dollar debasement, but in another way, a general debasement of fiat currency would offer China and Russia the crisis (i.e. the opportunity), to escape the dollar’s knee pressed onto their throats.

 

https://www.zerohedge.com/geopolitical/dollar-standard-slipping-out-control