The Fed Is Going to Do Nothing to Stop Inflation

submitted by casparvoneverecBig tiddy respecter from self.debatealtright

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]TheJamesRocket 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

In the event of a U.S. dollar collapse, loss of the U.S. empire is probably inevitable. The Globalists may delude themselves into thinking that this can be avoided, but the odds aren't in their favour. The key question is, what will replace the U.S. dollar as a world reserve currency? If the Elites can get the digital dollar to be accepted by all, then they might be able to continue funding their empire. If not, then they are shit out of luck.

The stumbling block for the Americans is that they need to get China and Russia to accept their digital dollar as the new world reserve currency. But why would they do that? The Elites have treated these countrys with great hostility, and after this currency collapse, the depth of their own ineptitude will be exposed. China and Russia are under no obligation to play by the American rulebook.

[–]casparvoneverecBig tiddy respecter[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

They've been talking about a digital crypto currency. Bitcoin is under assault and they probably want their own zog variant of it. Though here it runs into the issue that China, India and a host of other countries are planning their own digital currencies.

[–]TheJamesRocket 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

China has shown interest in creating a gold backed digital currency. Given their economic dominance, they may be the best suited of all countrys to get this accepted as a world reserve currency. America has the largest gold reserves in the world 'officially', but in reality, their reserves are alot smaller. Many of the gold bars in Fort Knox are fake. And at any rate, Americas debt eclipses that of any other nation, and that gold will be needed for repayments. This leaves China as the country best placed to put their currency into the world stage.