#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Next topic.
Fall of the Petrodollar.
Leads to>
Redemption period. (70% of cash overseas)
Leads to>
Rise of the US Dollar. (Deflation)
What doesn't kill you makes you stronger.
more stimmy to come? people with wheelbarrows of cash, except this time, it’s actually worth something?
i know in the past you said change of system forces disclosure of hidden $.
death of petrodollar means are currency is no longer dependent on oil trade. means we can begin introduction of new forms of energy without disrupting trade / $ strength.
redemption decreases money supply (an effective burn), bringing on deflation. puts people in control. further, encourages and gives need for backing with PM’s or some other tangible asset.
all successful societies have a deflationary currency. not just in terms of decreasing price, but money is a true store of energy and value. work done years ago should still be valued today. and in fact, with technology, it should only be MORE valuable today.
this encourages savers, discourages the need to wildly speculate since interest rates rise and lending / saving generated a low risk high yield return.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
Well said Patriot.
most interesting thing, and I am amazed every day by it, is the role that exists for XRP. a BRIDGE asset between sovereign nations.
the petrodollar was perfect at what it was designed for; to gain leverage over other nations and force them to comply with a system.
Blackmail.
a bridge asset allows each nation to maintain its own currencies/money (commensurate with their laws/constitutions) but trade with other nations without ever seeing that foreign currency.
No counterparty risk.
Instant settlement.
No complex hedging strategy for currency swaps.
No issues of nations run out of $ (e.g. Nigeria https://www.youtube.com/watch?v=t4ZOno91g64) causing default / repayment issues (e.g. Russian 'default' declared for them by the west)
Freedom of nations.
Freedom of the people within them.
End of the Bankers' Wars.
In the meantime, we learn the TRUE meaning of "Give me control of a nation's money supply, and I care not who makes its laws". Never again.
#FamilyIsEverything. APL = 5.65/10 *Authorized conspiracy theorist *Not an authorized preacher.
That's why they don't want you to own XRP. You become the bank.
It's not guaranteed that XRP will be the winner but I like the odds. If you listen close you can see what is going on.
I have XRP in Atomic Wallet. I hope it is alright. 🙈
