Euro at parity, now pound. Are they trying to peg these on purpose for some reason? Introduce a world currency maybe?
Euro at parity, now pound. Are they trying to peg these on purpose for some reason? Introduce a world currency maybe?
awesome! the pound is losing value faster than the petro dollar. good time to vacation in londonistan.
awesome! the pound is losing value faster than the petro dollar. good time to vacation in londonistan.
Why?
Why?
well its east vs west. and east will win. BRIC vs swift. brazil, russia, india and china have setup their own payment system for trade. they dont need petro dollars to buy 'stuff'. The russian rouble is indirectly backed by gold now and is an alternitive for bric nations and saudia to trade with. the usd is on a final victory lap, its demise is accelerated by the russian sanctions, currency printing and spending. we have abused our reserve currency position and the chickens are coming home to roost. all that inflation we have exported is coming back. but a dollar crash is needed for cbdc to be desired. all currency not backed by hard assets will return to its inherit value of zero. some faster than others, which is what you are seeing here. prepare accordingly.
well its east vs west. and east will win. BRIC vs swift. brazil, russia, india and china have setup their own payment system for trade. they dont need petro dollars to buy 'stuff'. The russian rouble is indirectly backed by gold now and is an alternitive for bric nations and saudia to trade with. the usd is on a final victory lap, its demise is accelerated by the russian sanctions, currency printing and spending. we have abused our reserve currency position and the chickens are coming home to roost. all that inflation we have exported is coming back. but a dollar crash is needed for cbdc to be desired. all currency not backed by hard assets will return to its inherit value of zero. some faster than others, which is what you are seeing here. prepare accordingly.
I just meant why go to London, fuck.
I just meant why go to London, fuck.
Because Europeans are now living like 12th century peasants without electricity.
Because Europeans are now living like 12th century peasants without electricity.
https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment
"Digitalization also helps with financial inclusion as a powerful tool to help overcome poverty. "
Shes saying physical money disadvantages blacks.
"Digitalization also helps with financial inclusion as a powerful tool to help overcome poverty. "
Shes saying physical money disadvantages blacks.
(post is archived)