''An
'expiring' Petro$$ Strategy, a shift by central banks of the emerging
countries to buying gold and the shrinking of the US as a trade and
industrial power, have shifted the foundation of the US$ as the global
reserve currency.
Nothing
is going to happen tomorrow! It is likely, as things worsen due to the
problems of unsound money and fiat currencies, that the US will be the
last currency to fall.
The
problem now is the inevitability of a fiat system failure, and when it
does, that it will fail catastrophically with unimaginable and
protracted consequences. The path we are on leaves few solutions other
than accelerated money printing, which is exactly what we are witnessing
with.''
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