End Fiat Money, End Forever Wars

J.B. Shurk – Mark Jeftovic wrote a wonderful essay arguing that WWIII has been in the works ever since industrialized nations jettisoned the classical gold standard at the outbreak of WWI.  Drawing from Ferdinand Lips’s insightful book, Gold Wars, Jeftovik recounts how everything changed once governments abandoned sound money in order to finance long wars.

From the mid-1600s all the way to 1914, the gold-linked British pound remained remarkably stable — even increasing its value relative to gold over those two and a half centuries (no doubt because of its proven resilience through myriad crises). Continue reading

The Currency War

currency warBrooks Agnew – “We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.” – Zoltan Pozsar, Bretton Woods III

Fiat currency is a “promise” to repay a debt obligation and nothing more. A hard asset-backed currency is a guarantee that repayment will occur. Continue reading

Money wasn’t always our enemy. It became so over time

moneyPaul Rosenberg – Money wasn’t always our enemy, of course; I’m old enough that I knew people who were alive before it was weaponized. But modern money – dollars, euros and so on – are so destructive that they’re threatening not just individuals, but Western civilization itself.

If that sounds a bit over the top, please read on. Before we’re done I think I’ll convince you otherwise.

I call fiat currency a weapon of mass destruction because it has caused far more widespread damage than chemical weapons ever have, and has assuredly destroyed more human potential than nuclear weapons. The nuke destroys horrifyingly but rarely; fiat money destroys minute by minute, day by day, over multiple decades and in shocking proportions. Continue reading

Who Controls All of Our Money? [Video]

central bankAlexandra Bruce – Central banking is really about a small group of people establishing the rules of human interaction and controlling it with the ultimate chokepoint that is money.

The central banking system is behind so much of what we think of as modern history; the birth of nations, the wars for resources, the petrodollar, on down to the UN and the antics of the proponents of the Green New Deal and this completely crazy moment that we’re now living through in world politics. Continue reading

Transformation of the Global Monetary Central Banking System, R.I.P.

goldJohn Michael Chambers – The global financial reset is unfolding according to plan. You won’t hear much about this on the financial news (just yet), so let’s connect the dots on but a few occurrences leading up to what may prove to be perhaps one of the biggest stories of the century as the transformation of the global monetary central banking fiat system is coming to an end, R.I.P. Actually rather than rest in peace, shall we say, R.I.H. (rest in heat)?

Connect the Dots

There have been many random events occurring now for quite some time as it relates to the global financial reset. For starters, Russia has sold off nearly all of its US treasuries. This  is very telling. What is even more telling about this event is what they did with the proceeds. They invested mainly in gold and some other currencies. China, once the largest purchaser of the US treasury notes has also been liquidating US treasuries over a period of some years. Today, the largest purchaser of the US treasury is the Federal Reserve. Continue reading