#FamilyIsEverything. APL = 5.55/10 *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.
Just research Venezuela's hyperinflation as one example. They reset their currency, make changes, lop off zeros - and it never leads to deflation. It's accounting bs. So, I still don't see why or how if we go (arguably there now) into hyperinflation then how does a new currency combat that?
#FamilyIsEverything. APL = 5.55/10 *Authorized conspiracy theorist *Not an authorized preacher.
Venezuela was all alone with a crashed economy. They weren't the reserve currency.
70% of USD CASH is not in the USA. If they have to change that for a new $ thru the current banking system they will have to prove where it came from. They wont be able to. Trillions will be left behind causing instant deflation. Of course it will inflate after that but it will have the American economy behind it.
America is the best customer. We buy the most. Other countries don't want us to become poor.
The customer is always right comes to mind.
So are you pro central bank digital currency? If they use that in the name of combatting all these dollars internationally in criminal hands then it must be known it will also be used to control all of us. In order for any currency change to do what you say, as I think of it, it would have to be digital. No more actual currency at all, no?
Use logic. The banks are 100% in control of our lives currently. They can shut us down for donating to Trucker. Example Canada.
I am against that. XRP gives the bridge to whatever currency I like.
If some CBDC becomes too restrictive I just wont use it. The free market will decide.
13 Bloodline families DEAD. ALL OF THEM. To be blunt GAME OVER........ Bless you DJT you Fooking LEGEND.......
if there is no money involved they cannot shut down anything....
If the reward is economic the WORLD will be back here again.
There is the illusion of free market....it doesn't exist.
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Banks are not safe, they can cut you off anytime. Which was proven recently. What they can't take from you is your wallet, being digital or physical.
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Denver Digital Soldier, Believe in the Promise of Q. Twitter Refugee, Independent Thinker & Anon. Patriot. Family is Everything.
Bank’s cannot operate without deposits. It’s a huge part of the charade. Move liquidity away from Fed “currency” control and the banking system and all the banks instantly become under capitalized and unable to loan. Each Country could have thier own gold / funding mechanism- and deliver the value to citizens via BC technology. The conduit (Block Chain) becomes the channel and each country has to reconcile otstabding crypto against Gold / Precious Metals, nightly.
OH, and US defaults on all debt held by China citing the act of war exclusion on the treasury bond indenture.
Vote Positively Negative for Chair of OCC.
#wwg1wga
I fight the Judicial arm of the British Crown & lose Every-time, but I keep fighting w/o a law degree cause I know.
#FamilyIsEverything. APL = 5.55/10 *Authorized conspiracy theorist *Not an authorized preacher.
KuCoin or UpHold.
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i use Uphold, works for me.
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In Canada the laws call that Laundering.
Can not be traded, or you are a business and subjected to incredible tax rates.
Must be bought with Canadian currency, traceable history by Gov, and then converted back to Canadian currency only.
Otherwise the Gov takes it and you lose all.
New rules called "FinTrac"
#FamilyIsEverything. APL = 5.55/10 *Authorized conspiracy theorist *Not an authorized preacher.
That is insane. When is your elections?
Dark to light. Truth and freedom to the world. Send the demons back to hell. The Revolution will not be televised. God Wins.
Canadian here. Buy then put in cold storage, Voila!!!
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It will be easier to transfer what ever wealth you have into the best performing CBDC. If you do not like how one country is handling their affairs then just jump to XRP or to another CBDC. That alone will have major impacts on currency valuations.