Maybe there are "very large Eurodollar volumes that currently exist on bank balance sheets outside of US borders" but I feel that events can happen far faster than Boom's 50-100 years before the US dollar collapses. There is much changing outside of the dollars influence such as the vast stocks of gold that China and Russia have built up and the multi-polar financial world of the BRICS. I predict a considerable lessening of the dollar's influence within 5 years, but then I'm not an economist nor a financial expert.
LOL nor am I Greg, thanks for your view which actually I endorse but as nobody has a crystal ball, I tend to try and stay in the 'NOW' - plan for the worst and hope for the best. But BOOM would say this is not a viable investment strategy! Ha Ha.
Quite so AS - I think the lesson/message is that when access to cash was removed for 3 months the strength of family, barter and credit (promissory notes) went to work easily and quickly - which proves your point.
Barter(/trade) is money. "Promissory notes" are money. ANYTHING used to account for the energy We add into a system/community is money. If You read My article, You will grasp more of what I am saying. And see how We can solve for the enslavement - and the psychopath-promoting that ALL money allows.
Thank you so much Roger and you are very much over the target and certainly ahead of me! And thank you for your kind words. I work with my colleague BOOM and I will email him your comment as I am sure it raises issues which we have missed. Your research is excellent and I am humbled to make your acquaintance.
Maybe there are "very large Eurodollar volumes that currently exist on bank balance sheets outside of US borders" but I feel that events can happen far faster than Boom's 50-100 years before the US dollar collapses. There is much changing outside of the dollars influence such as the vast stocks of gold that China and Russia have built up and the multi-polar financial world of the BRICS. I predict a considerable lessening of the dollar's influence within 5 years, but then I'm not an economist nor a financial expert.
LOL nor am I Greg, thanks for your view which actually I endorse but as nobody has a crystal ball, I tend to try and stay in the 'NOW' - plan for the worst and hope for the best. But BOOM would say this is not a viable investment strategy! Ha Ha.
While I agree that CBDC's are ghastly, I also would suggest...
Money Enslaves Us (article): https://amaterasusolar.substack.com/p/money-enslaves-us
ANY money.
Quite so AS - I think the lesson/message is that when access to cash was removed for 3 months the strength of family, barter and credit (promissory notes) went to work easily and quickly - which proves your point.
Blessings and good vibes to you
AP
Barter(/trade) is money. "Promissory notes" are money. ANYTHING used to account for the energy We add into a system/community is money. If You read My article, You will grasp more of what I am saying. And see how We can solve for the enslavement - and the psychopath-promoting that ALL money allows.
BOOM is in Brisbane, so he would be pleased to hear from you on his Substack at the link in my post.
Thank you so much Roger and you are very much over the target and certainly ahead of me! And thank you for your kind words. I work with my colleague BOOM and I will email him your comment as I am sure it raises issues which we have missed. Your research is excellent and I am humbled to make your acquaintance.
Best wishes
AP