US Banks Are OK — China Peace Plan — Saudi King Invites Iran President — First & Last Crypto Bailout — US Economic Report — Celebrities Charged — Yellen Warns Russia & China on Dollar - [03-26-2023]
US Banks Are OK — China Peace Plan — Saudi King Invites Iran President — First & Last Crypto Bailout — US Economic Report — Celebrities Charged — Yellen Warns Russia & China on Dollar - [03-26-2023]
Mar 28, 2023·edited Mar 28, 2023Liked by PROTECT & SURVIVE
.....“I certainly want to see the dollar remain as the world’s reserve currency, and there is a motivation that Russia and China have to try to develop another system that avoids the use of the dollar.”.....
She's lying as usual. If you do exactly the opposite of what politicians say, you'll be right at least 95% of the time.
Let me summarize what I know about the history of USD reserve currency.
1. The US operated without a central bank for centuries but the RKM forces had been trying to force the idea of a central bank through the Congress.
In 1913, many members of the Congress were more interested in their year end festivities preparations than in their congressional duties. The banking mafia used the opportunity to push the FED bill trough the Congress/Senate. That was the beginning of a nightmare.
2. The USD was a commodity currency for the US only. WW I and WW II were used to sell it to the world. After WW II, the US was the last man standing and all countries unanimously agreed to trust the USD pegged on Gold (Gold Standard).
3. In the 60s, the French realized that the US was benefiting from the reserve currency status and de Gaulle (French president) asked for their gold to be repatriated from New York.... And a CIA assassination attempt against him failed. The CIA was able to organize the 1968 revolt to get him out...
Color revolutions didn't start in Georgia, Ukraine, etc... It's a CIA playbook. Look at what they did to Aldo Moro.
4. By 1971, the US realized that it was impossible to have enough gold to cover the expenses of their military adventures around the globe. By then, they had already been in Korea (~3million dead - 1953) and bogged down in Vietnam (~2 million dead. 1955-1975).
5. So, the Gold Standard had to go. The problem was now how they'd convince other countries to digest it. Prof Michael Hudson published the first version of Super Imperialism in 1971 and guess who was interested in it? The Pentagon! He was contracted to analyze the implications of Nixon's decision to drop the Gold Standard. Hudson was told that the US was going to use the army power to IMPOSE the new fiat to the world.... And that's why you have 800+ US military bases around the world.
The main purpose of Bidensky is to force the world to continue using the USD! As simple as that. You may have heard a lot about the PetroDollar, but that's just one aspect of the puzzle. Who would not want to steal oil in West Asia in exchange for nothing in the 1970s?
As it stands now, the whole world is sick of the hegemon and there is no way the USD can be the major reserve currency for a long time - the Trust is broken!. I doubt about BOOM's 50-100 years prediction. That's way off if you see in the chart below that BRICS already control 31% of the global GDP and G7 less than 31%.
What I think might happen is that the Euro is going to collapse after the catastrophe in Bandera Reich. The sanctions (Mother of all Sanctions!) boomerang on the EU is so powerful that I don't see how they can survive the consequences of their actions. Russia did nothing, they destroyed themselves!
With Russia doing business with the Global South in convertible Yuan, Saudi Arabia investing in China in Yuan and selling Oil in Yuan, Indonesia dropping Master Card/VISA and AMEX, India trading with Russia in Yuan/Rupee/Ruble, I don't see who can stop the ongoing storm. By 2030, I see the USD holding less that 50% of the global reserves market - they're currently at ~59-60%
The convertible Yuan is temporary until the BRICS currency is ready. They've been working on it since 2014.
Interesting report, no I won't read a 500+ page report, no I won't read 35 pages on crypto I don't play that game. It was interesting to note these celebrities having their claws pulled apart, I wonder if all the people who are in that space will be made to do likewise. A sham is a sham and governments pay some bills from shams (fines & penalties).
I would like to suggest dropping the US Dollar moniker as it was replaced by the Federal Reserve Note some time ago, which appears will be replaced by FEDNOW soon. I can see the fancy logo on my computer screen already along with: Settle your accounts NOW!
I recommend an ounce or two of gold laying about just in case of a rare worse case scenario, like the story of the bellhop who bought a large German hotel with an ounce of gold sort of thing (no FEDNOW allowance), but hoarding gold means one hasn't built up real assets that will, like, provide food.
Like an accurate shotgun with proper ammo to match the wild game could.
The crypto world seems to be badly understood, however:
"The entire report is 513 pages long with the section on Digital Assets being 35 pages long."
That 35 pages, I thought, was surprisingly good with some good points made.
Yes, crypto markets and crypto exchanges have failed but then crypto is not about markets and exchanges. As the report states:
"Crypto assets are a subset of digital assets that use cryptographic techniques and distributed ledger technology (DLT) but exclude central bank digital currencies (U.S. Department of the Treasury 2022a). DLTs rely on networks to store and process transactions. (Economic Report of the President p. 243)"
That is the point. Crypto uses a distributed ledger so is free from markets and governments. If you hold bitcoin, you hold it in YOUR digital wallet and your transactions are through a distributed blockchain. It is free of government control which is both its strength and its weakness.
Yes, Bitcoin has no value in that it is just a number, but then what value does the USD have, as it is just a piece of paper and with US government debt at such an extraordinary high level, that bit of paper is intrinsically worthless.
As the Economic Report of the President goes on to state:
".. crypto assets to date do not appear to offer investments with any fundamental value, nor do they act as an effective alternative to fiat money, improve financial inclusion, or make payments more efficient; instead, their innovation has been mostly about creating artificial scarcity in order to support crypto assets’ prices—and many of them have no fundamental value."
Is that all along the CCP never left Rothschild Group, that they allowed Nixon in because that was the plan all along, once 'great leap forward' and all reactionarys were dead, it was clean slate, under Rockefeller Mao could do as he wished with all of China as a great factory;
That the CIA worked all along moving jobs, and now high tech jobs to China;
That now that CHINA is #1 economy the US-DOLLAR can be destroyed and the people who created the CIA, can live happily ever after.
Recall the entire mission of Rothschild Group is a trust-fund so that rich people can be assured that their legacy spawn gets a trust-fund, so they plan wars out 3-6 generations and invest and get a 20% annual ROI or more
Get with the program, it used to be called Lloyds of London, but now its just called a private annuity trust fund, ran by City of London, with 100's of Trillions of USD on account; Out of this is what we say "ALL WARS ARE BANKER WARS"
Bolshy's killed 30M ukrainian white in 1932 under Stalin, because Ukraine had the food and Russian need the food so the starved them to death
Bolshy's were brought to power by Schiff/Loeb Rothschild/Rockefeller Bankers of UK 1920's
Mao killed 60M intellectual great leap forward in 1960's, Mao was trained Bolshevism by Rockefeller, at Harvard Univ 1920's shanghai
So lots of our killing seems to be Bolshy-Bankers telling its leaders to kill their own people;
Now Russia fights this de-nazi war, and certainly zelensky is legacy azov ashkeNAZI zionist nazi's no doubt, and its payback, they want to kill Russians for the holomodor, (Ukraine 1932 murders) like Nuland & Freeland they want to get even-steven
My point is where does it all end???
So Putin & Xi let the ukros and maybe tomorrow the pollocks off themselves to MOLOCH, then what??
Then a new stew of hatred boils;
Then what about the COVID genocide by CIA in USA, and the mRNA jab deployed only on white western harelips?
Certainly the COVID was also deployed on Russia but they quickly created a vax; A non-mRNA vax that didn't make blood-clots and kill people and cripple them.
LIke CIA say's all is 100% lies ( they tell the narrative, and their own spokesman admits that everything is a lie )
What's is the truth?
Watch the CIA, they're a long term thinking outfit; They now work closer with CHINA than USA,
This is the problem with information eventually the Chinese youth learn that MAO was a Rothschild/Rockefeller stooge who killed 60M VIP's in China, people who now are adored, in Mao's generation all traditional medicine and chinese martial arts were destroyed, now its popular in China to rediscover the ancient, time the kids will earn who had Mao by the balls;
Same now with falun-gong in HK, CIA color revolution
Like SV for +25 years CIA has been feeding the best AI machine-learning into China, make billionaires out of select high-tech people around wuhan and shanghai, and north of HK called Shenzhen. SVB the bank recent collapse in Silicon Valley largely about Chinese AI investment money in SV unicorns, which are later bred in the wild in China,
Like Jack Ma of alibaba he was taken to the wood-shed by CCP because he got too big & powerful;
You can look at our CIA as one of two, they have gone full CHINA, or they're just trying to long term engineer a new coup and get CHINA back under their version of KMT ( Taiwan bastard old school pre-CIA gov );
CCP has lots of enemys inside, they have done much to improve the average chinese person over the last 40 years;
What I see is a civil-war in the future of China where the young want to get even about the 'great leap forward",e .g murder of 60M teachers and intellectuals;
CIA could very much be a part of this like good cop/bad cop; Otherwise it doesn't matter for USA, its scheduled for rinse & reset, civil-war and new ownership, and cleansing of white garbage, and all garbage for that matter; China covets the USA lands called "Most Beautiful Country', Only thing UGLY about USA is the white harelips living there.
Then there is Russia, how does it prevent another cleansing, even if ZOG is vaporized kids will grow up hating Russia;
.....“I certainly want to see the dollar remain as the world’s reserve currency, and there is a motivation that Russia and China have to try to develop another system that avoids the use of the dollar.”.....
She's lying as usual. If you do exactly the opposite of what politicians say, you'll be right at least 95% of the time.
Let me summarize what I know about the history of USD reserve currency.
1. The US operated without a central bank for centuries but the RKM forces had been trying to force the idea of a central bank through the Congress.
In 1913, many members of the Congress were more interested in their year end festivities preparations than in their congressional duties. The banking mafia used the opportunity to push the FED bill trough the Congress/Senate. That was the beginning of a nightmare.
2. The USD was a commodity currency for the US only. WW I and WW II were used to sell it to the world. After WW II, the US was the last man standing and all countries unanimously agreed to trust the USD pegged on Gold (Gold Standard).
3. In the 60s, the French realized that the US was benefiting from the reserve currency status and de Gaulle (French president) asked for their gold to be repatriated from New York.... And a CIA assassination attempt against him failed. The CIA was able to organize the 1968 revolt to get him out...
Color revolutions didn't start in Georgia, Ukraine, etc... It's a CIA playbook. Look at what they did to Aldo Moro.
4. By 1971, the US realized that it was impossible to have enough gold to cover the expenses of their military adventures around the globe. By then, they had already been in Korea (~3million dead - 1953) and bogged down in Vietnam (~2 million dead. 1955-1975).
5. So, the Gold Standard had to go. The problem was now how they'd convince other countries to digest it. Prof Michael Hudson published the first version of Super Imperialism in 1971 and guess who was interested in it? The Pentagon! He was contracted to analyze the implications of Nixon's decision to drop the Gold Standard. Hudson was told that the US was going to use the army power to IMPOSE the new fiat to the world.... And that's why you have 800+ US military bases around the world.
The main purpose of Bidensky is to force the world to continue using the USD! As simple as that. You may have heard a lot about the PetroDollar, but that's just one aspect of the puzzle. Who would not want to steal oil in West Asia in exchange for nothing in the 1970s?
As it stands now, the whole world is sick of the hegemon and there is no way the USD can be the major reserve currency for a long time - the Trust is broken!. I doubt about BOOM's 50-100 years prediction. That's way off if you see in the chart below that BRICS already control 31% of the global GDP and G7 less than 31%.
https://consortiumnews.com/wp-content/uploads/2023/03/Growth-disparities.png
What I think might happen is that the Euro is going to collapse after the catastrophe in Bandera Reich. The sanctions (Mother of all Sanctions!) boomerang on the EU is so powerful that I don't see how they can survive the consequences of their actions. Russia did nothing, they destroyed themselves!
With Russia doing business with the Global South in convertible Yuan, Saudi Arabia investing in China in Yuan and selling Oil in Yuan, Indonesia dropping Master Card/VISA and AMEX, India trading with Russia in Yuan/Rupee/Ruble, I don't see who can stop the ongoing storm. By 2030, I see the USD holding less that 50% of the global reserves market - they're currently at ~59-60%
The convertible Yuan is temporary until the BRICS currency is ready. They've been working on it since 2014.
Interesting report, no I won't read a 500+ page report, no I won't read 35 pages on crypto I don't play that game. It was interesting to note these celebrities having their claws pulled apart, I wonder if all the people who are in that space will be made to do likewise. A sham is a sham and governments pay some bills from shams (fines & penalties).
I would like to suggest dropping the US Dollar moniker as it was replaced by the Federal Reserve Note some time ago, which appears will be replaced by FEDNOW soon. I can see the fancy logo on my computer screen already along with: Settle your accounts NOW!
I recommend an ounce or two of gold laying about just in case of a rare worse case scenario, like the story of the bellhop who bought a large German hotel with an ounce of gold sort of thing (no FEDNOW allowance), but hoarding gold means one hasn't built up real assets that will, like, provide food.
Like an accurate shotgun with proper ammo to match the wild game could.
Dedolarization tsunami in action. How it's happening in real time - not in 50 years!
China Settles First LNG Trade In Yuan
.
The trade involved around 65,000 tons of LNG imported from the United Arab Emirates (UAE), the Shanghai Petroleum and Natural Gas Exchange added.
.
https://oilprice.com/Latest-Energy-News/World-News/China-Settles-First-LNG-Trade-In-Yuan.html
The crypto world seems to be badly understood, however:
"The entire report is 513 pages long with the section on Digital Assets being 35 pages long."
That 35 pages, I thought, was surprisingly good with some good points made.
Yes, crypto markets and crypto exchanges have failed but then crypto is not about markets and exchanges. As the report states:
"Crypto assets are a subset of digital assets that use cryptographic techniques and distributed ledger technology (DLT) but exclude central bank digital currencies (U.S. Department of the Treasury 2022a). DLTs rely on networks to store and process transactions. (Economic Report of the President p. 243)"
That is the point. Crypto uses a distributed ledger so is free from markets and governments. If you hold bitcoin, you hold it in YOUR digital wallet and your transactions are through a distributed blockchain. It is free of government control which is both its strength and its weakness.
Yes, Bitcoin has no value in that it is just a number, but then what value does the USD have, as it is just a piece of paper and with US government debt at such an extraordinary high level, that bit of paper is intrinsically worthless.
As the Economic Report of the President goes on to state:
".. crypto assets to date do not appear to offer investments with any fundamental value, nor do they act as an effective alternative to fiat money, improve financial inclusion, or make payments more efficient; instead, their innovation has been mostly about creating artificial scarcity in order to support crypto assets’ prices—and many of them have no fundamental value."
A third way to look at the CIA pivot to CHINA
Is that all along the CCP never left Rothschild Group, that they allowed Nixon in because that was the plan all along, once 'great leap forward' and all reactionarys were dead, it was clean slate, under Rockefeller Mao could do as he wished with all of China as a great factory;
That the CIA worked all along moving jobs, and now high tech jobs to China;
That now that CHINA is #1 economy the US-DOLLAR can be destroyed and the people who created the CIA, can live happily ever after.
Recall the entire mission of Rothschild Group is a trust-fund so that rich people can be assured that their legacy spawn gets a trust-fund, so they plan wars out 3-6 generations and invest and get a 20% annual ROI or more
Get with the program, it used to be called Lloyds of London, but now its just called a private annuity trust fund, ran by City of London, with 100's of Trillions of USD on account; Out of this is what we say "ALL WARS ARE BANKER WARS"
History doesn't repeat, it rhymes
Some things just don't add up;
Bolshy's killed 30M ukrainian white in 1932 under Stalin, because Ukraine had the food and Russian need the food so the starved them to death
Bolshy's were brought to power by Schiff/Loeb Rothschild/Rockefeller Bankers of UK 1920's
Mao killed 60M intellectual great leap forward in 1960's, Mao was trained Bolshevism by Rockefeller, at Harvard Univ 1920's shanghai
So lots of our killing seems to be Bolshy-Bankers telling its leaders to kill their own people;
Now Russia fights this de-nazi war, and certainly zelensky is legacy azov ashkeNAZI zionist nazi's no doubt, and its payback, they want to kill Russians for the holomodor, (Ukraine 1932 murders) like Nuland & Freeland they want to get even-steven
My point is where does it all end???
So Putin & Xi let the ukros and maybe tomorrow the pollocks off themselves to MOLOCH, then what??
Then a new stew of hatred boils;
Then what about the COVID genocide by CIA in USA, and the mRNA jab deployed only on white western harelips?
Certainly the COVID was also deployed on Russia but they quickly created a vax; A non-mRNA vax that didn't make blood-clots and kill people and cripple them.
LIke CIA say's all is 100% lies ( they tell the narrative, and their own spokesman admits that everything is a lie )
What's is the truth?
Watch the CIA, they're a long term thinking outfit; They now work closer with CHINA than USA,
This is the problem with information eventually the Chinese youth learn that MAO was a Rothschild/Rockefeller stooge who killed 60M VIP's in China, people who now are adored, in Mao's generation all traditional medicine and chinese martial arts were destroyed, now its popular in China to rediscover the ancient, time the kids will earn who had Mao by the balls;
Same now with falun-gong in HK, CIA color revolution
Like SV for +25 years CIA has been feeding the best AI machine-learning into China, make billionaires out of select high-tech people around wuhan and shanghai, and north of HK called Shenzhen. SVB the bank recent collapse in Silicon Valley largely about Chinese AI investment money in SV unicorns, which are later bred in the wild in China,
Like Jack Ma of alibaba he was taken to the wood-shed by CCP because he got too big & powerful;
You can look at our CIA as one of two, they have gone full CHINA, or they're just trying to long term engineer a new coup and get CHINA back under their version of KMT ( Taiwan bastard old school pre-CIA gov );
CCP has lots of enemys inside, they have done much to improve the average chinese person over the last 40 years;
What I see is a civil-war in the future of China where the young want to get even about the 'great leap forward",e .g murder of 60M teachers and intellectuals;
CIA could very much be a part of this like good cop/bad cop; Otherwise it doesn't matter for USA, its scheduled for rinse & reset, civil-war and new ownership, and cleansing of white garbage, and all garbage for that matter; China covets the USA lands called "Most Beautiful Country', Only thing UGLY about USA is the white harelips living there.
Then there is Russia, how does it prevent another cleansing, even if ZOG is vaporized kids will grow up hating Russia;