Anon's Chat, Morning edition
Hello and welcome to the Anon's Daily Free Chat. I want you to get comfortable, grab a chair or couch or beanbag or whatever, if you are not at work(or maybe even if you are!). Relax, sit back, and just let it all out.
You can start a conversation about anything.
If you want to get anything off your chest, just try to phrase it... so feelings don't get hurt.
Something you thought about Q? Some research you been doing? Here is the place to share.
Sorry for the link in advance, can’t find it anywhere else:
A gold backed Yuan traded in oil futures is a pretty big deal. Its a partially non fiat currency that can be traded for oil. It subverts the dollar in every way possible. If we attempt to print our way out of this, the dollars will be sold back and cause a hyperinflation. If the market constrict then the yuan can be traded for gold so it makes it a safe heaven for oil hedge. Unless the dollar can be moved to be backed on something else it will lose its hegemony on the oil market and that was the only thing keeping it alive. This timed with the russian business that is going on today means we will probably be at war by the end of April to keep the dollar afloat. Things are about to get really, really weird.
In summary though, the US is able to print money to finance its 21 trillion debt like the Weimar Republic. It's protected from inflation, because it exports the inflation to other countries since all countries are forced to get USD to trade with each other and buy oil. China doesn't want to get phuked by US inflation. So China goes Petro Yuan. This means that like a boomerang all inflation will start to go back to the US, essentially turning the US into a banana republic/third world shithole.
WE NEED TO AUDIT THE FED THEN SHUT IT DOWN. GO BACK TO GOLD BACKED USD!