The US Needs Global Conflicts: Russia and China Are Existential Threats to Dollar Dominance

[Götterdämmerung]

Is the subtitle correct? Some parts were blurred but still able to grasp an idea what he says.

Watch it directly on YT, the subtitles is bigger and clearer.

Yes, the subtitle is very correct. You can ask @Sinopakfriend, his Dutch is certainly much better than mine.

What do you think of what he said?

 

[Hamartia Antidote]

The OP is from http://russia-insider.com/en/real-reason-us-keen-blame-russia-everything-gold/ri19658

 

[Mangus Ortus Novem]

Watch it directly on YT, the subtitles is bigger and clearer.

Yes, the subtitle is very correct. You can ask @Sinopakfriend, his Dutch is certainly much better than mine.

What do you think of what he said?

Will put up a summary here on PDF later this evening... Thanks for sharing the video... you and I both know that its not about money. Besides there is no such thing as money...

 

[Götterdämmerung]

Will put up a summary hier on PDF later this evening... Thanks for sharing the video... you and I both know that its not about money. Besides there is no such thing as money...

Indeed, money is just a mean to something these people believe in. It's a mean to smoke screen the masses, the fog of money that makes people believe it's worth to chase after, not knowing that they in fact running in a gigantic hamster wheel that leads them straight to the cliff once they become dispensable.

 

[Mangus Ortus Novem]

Indeed, money is just a mean to something these people believe in. It's a mean to smoke screen the masses, the fog of money that makes people believe it's worth to chase after, not knowing that they in fact running in a gigantic hamster wheel that leads them straight to the cliff once they become dispensable.

.



Have you read Economic Hitman 2?

Empire is now eating its own.

Our purchasing power is declining fast and we keep up our pertentions...as long as we can have two holidays all is fine. People wake up!!! The pension crisis haven't even started yet...

We achieved so much in the Western world for advancement of Human Condition... and lost every thing because of fake democracy... those who were supposed to protect the state and citizens are just handimaidens of the empire.

Try following Forum voor de Democratie... a Dutch voice for sanity. Perhaps a bit late now...nevertheless.

Welfare state is practically dead.

It saddens me deeply.

I know preaching to the converted here...but venting is good thing when among friends!

Regards,

SPF

 

[Jacob Martin]

Challenging the dominance of the US dollar is feasible if China can assemble enough consensus from its trade and investment partners. Of course, the US won't give up so easily, since it also has the backing of Bretton Woods institutions and cozy nexus with EU, Britain, Canada, Australia and now India as well.

However, one thing that needs to be made clear is that this challenge cannot come in the form of gold-backed currency. There is a reason the world moved away from the gold standard and you cannot put the genie back in the bottle.

The reason that hold was abandoned as a peg was because the value of economic output that needed to be monetized had far exceeded the value of the gold in the world. We do not exist in a primitive world where economic output is so less that it can be measured in terms of gold. Our technological and industrial capabilities have far exceeded that. Gold standard was an artificial restriction on the financial system that had to go.

The only scenario in which gold-backed currency can be widely used again is if the price of gold becomes so high that it once again becomes a considerable proportion of economic value. That would in turn mean that even more value would remain locked in gold as everyone would be busy trying to board and speculate on it.

I understand that fiat-based currencies have their own issues, such as lack of clarity as to how debt is generated, deficits handled, and so on. But we have to get rid of these primitive notions of going back to gold. It is simply not happening.

 

[Shotgunner51]

Watch it directly on YT, the subtitles is bigger and clearer.

Yes, the subtitle is very correct. You can ask @Sinopakfriend, his Dutch is certainly much better than mine.

What do you think of what he said?

That's quite a long video, interesting to watch though, food for thought, thanks for sharing. I agree with what he said, don't get blinded in the illusion one was told, trace the money and one will find the truth.

 

[terranMarine]

Here is a Dutch guy who was a middleman of the finance world.

Must watch! With English subtitle.

You believe what the guy said? Child sacrifice?

 

[powastick]

You believe what the guy said? Child sacrifice?

Satanist exist. Those nut jobs might pull of something insane. Plausible. Remember eastern lightning church?
https://en.wikipedia.org/wiki/Church_of_Satan

But this guy isn't giving out names. If this guy want us to take him seriously, names please.

 

[Shotgunner51]

- And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?

IF China-US trade has been settled in physical gold for the last 11 and a half months, instead of dollar, the entire US gold reserves by now will already be depleted.
https://www.fiscal.treasury.gov/fsreports/rpt/goldRpt/current_report.htm

 

[Götterdämmerung]

You believe what the guy said? Child sacrifice?

Have you ever heard of Marc Dutroux? Are you that uninformed? did you know that over 27 witnesses died suddenly shortly before they had to give testimony in the Dutroux case? Have you heard of Jimmy Savile? It's happening in the highest echelon of society.

 

[Beast]

In the past, you want to buy oil from Middle East. You can only used US dollar. Now many oil producing countries scrapped that stupid rules and accept RMB while use RMB to buy large number of Chinese goods which export to their countries.

 

[Götterdämmerung]

.



Have you read Economic Hitman 2?

Empire is now eating its own.

Our purchasing power is declining fast and we keep up our pertentions...as long as we can have two holidays all is fine. People wake up!!! The pension crisis haven't even started yet...

We achieved so much in the Western world for advancement of Human Condition... and lost every thing because of fake democracy... those who were supposed to protect the state and citizens are just handimaidens of the empire.

Try following Forum voor de Democratie... a Dutch voice for sanity. Perhaps a bit late now...nevertheless.

Welfare state is practically dead.

It saddens me deeply.

I know preaching to the converted here...but venting is good thing when among friends!

Regards,

SPF

Yes, I have read that book. But so many are still sleepwalkig like zombies, among them also many Chinese, not to speak of the zombie nation India.

 

[powastick]

Have you ever heard of Marc Dutroux? Are you that uninformed? did you know that over 27 witnesses died suddenly shortly before they had to give testimony in the Dutroux case? Have you heard of Jimmy Savile? It's happening in the highest echelon of society.

What if this is an attempt for the government to spread misinformation to confuse and mislead the public? He isn't giving any names, why should I trust him.

 

[Götterdämmerung]

That's quite a long video, interesting to watch though, food for thought, thanks for sharing. I agree with what he said, don't get blinded in the illusion one was told, trace the money and one will find the truth.

All these revelations have not been possible to a "greater" number of people without the internet, but still, too many are to comfortable, too ignorant, too stupid, to afraid to take a look at it.

What if this is an attempt for the government to spread misinformation to confuse and mislead the public? He isn't giving any names, why should I trust him.

Have you heard of the Dutroux scandal? Over 27 witnesses who were about to give testimony to the court died a sudden death.