Years ago I heard Lyndon LaRouch explained the people all over the world held US DOLLARS because they felt they had some safety with their dollars. He then explained if the dollar lost its' place as the World's Reserve Currency, those dollars would return to the USA so fast you would hear the whosh and we would have an immediate deflatio…
Years ago I heard Lyndon LaRouch explained the people all over the world held US DOLLARS because they felt they had some safety with their dollars. He then explained if the dollar lost its' place as the World's Reserve Currency, those dollars would return to the USA so fast you would hear the whosh and we would have an immediate deflationary depression. When is that going to happen with the morons in Washington printing so many worthless dollars?
"years ago" - actually MANY decades ago, when the U.S. paper dollar was still backed by and EXCHANGEABLE for GOLD, the scenario LaRouch posited WAS plausible, however, the fiat paper dollar ever since "tricky Dick Nixon" (via his EXECUTIVE Order ), took the U.S.A. OFF the Gold Standard - is backed by NOTHING. THAT fact means that with NO exchange for GOLD, any and all "paper" dollars held world-wide would become essentially, WORTHLESS.
As it is NOW, since the Federal Reserve /treasury department has had the paper money printing presses going FLAT-OUT 24/7/365 - FOR YEARS -the actual (worth) of the paper dollar is FAST approaching a NEGATIVE value.
Rumor was, back before Nixon made his 'formal' announcement to de-link the U.S. dollar with GOLD, the Arabs got wind of it and CASHED IN ALL their paper dollar holdings that all but EMPTIED OUT the Fort Knox Gold Reserves Repository.
Gee, it's almost as if they were trying to wreck the economy on purpose...do you suppose that maybe the much-touted Central Bank Digital Currency (CBDC) the banksters are always congratulating themselves about without much enthusiasm from we the debt-slaves needs a panic-inspiring push like, say, a total financial collapse, to get off the ground?
Between the centuries-spanning huge scam of the central banks on the one hand, and the byzantine international legal system and trade treaties that give multi-national corporations so much power that their demands easily overwhelm the sovereign of national sovereignty, we little people are in a terrible fix.
Both of these psychopathic vampires feeding on the lifeblood of humanity while consuming nature and spitting out ruination MUST BE STOPPED!
Years ago I heard Lyndon LaRouch explained the people all over the world held US DOLLARS because they felt they had some safety with their dollars. He then explained if the dollar lost its' place as the World's Reserve Currency, those dollars would return to the USA so fast you would hear the whosh and we would have an immediate deflationary depression. When is that going to happen with the morons in Washington printing so many worthless dollars?
"years ago" - actually MANY decades ago, when the U.S. paper dollar was still backed by and EXCHANGEABLE for GOLD, the scenario LaRouch posited WAS plausible, however, the fiat paper dollar ever since "tricky Dick Nixon" (via his EXECUTIVE Order ), took the U.S.A. OFF the Gold Standard - is backed by NOTHING. THAT fact means that with NO exchange for GOLD, any and all "paper" dollars held world-wide would become essentially, WORTHLESS.
As it is NOW, since the Federal Reserve /treasury department has had the paper money printing presses going FLAT-OUT 24/7/365 - FOR YEARS -the actual (worth) of the paper dollar is FAST approaching a NEGATIVE value.
Rumor was, back before Nixon made his 'formal' announcement to de-link the U.S. dollar with GOLD, the Arabs got wind of it and CASHED IN ALL their paper dollar holdings that all but EMPTIED OUT the Fort Knox Gold Reserves Repository.
Gee, it's almost as if they were trying to wreck the economy on purpose...do you suppose that maybe the much-touted Central Bank Digital Currency (CBDC) the banksters are always congratulating themselves about without much enthusiasm from we the debt-slaves needs a panic-inspiring push like, say, a total financial collapse, to get off the ground?
Between the centuries-spanning huge scam of the central banks on the one hand, and the byzantine international legal system and trade treaties that give multi-national corporations so much power that their demands easily overwhelm the sovereign of national sovereignty, we little people are in a terrible fix.
Both of these psychopathic vampires feeding on the lifeblood of humanity while consuming nature and spitting out ruination MUST BE STOPPED!