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Money Changer SWIFT is Fractionalizing

serfserf Member Posts: 9,217 ✭✭✭✭


With The Ukraine war on The central banks can now have an "out" with the coming devaluations of their monopoly money. You think? Wheat as a commodity is spiking! There goes food security! These actions will cause the dollar to lose reserve currency status soon in my opinion.

serf

https://www.zerohedge.com/markets/jamie-dimon-warns-swift-sanctions-may-bring-unintended-consequences-can-be-circumvented

The widespread use of the Dollar in international markets, for instance, allows the United States to affect foreign policy goals through financial market channels (hard power) and may also confer certain reputational benefits (soft power). However, overuse of these powers could compel other actors to try to replace Dollar transactions, as Russia already did to some extent following earlier sanctions.

Comments

  • BobJudyBobJudy Member Posts: 6,445 ✭✭✭✭

    Isolating Russia and probably the Ukraine if Russia takes over, will have immediate but hopefully temporary effects. Together the two countries GDP account for less than 1.5% of the world economy. Agriculture and energy products will be the hardest hit. Both of these shortfalls could be mitigated by the U.S. if our govt would get out of the way. It sure would help with our massive trade deficit and strengthen the dollar, but until we get rid of the "progressive" infection in our govt, it probably won't happen. Bob

  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited March 2022

    This action will jump start Red China's Money exchange system and with everything being made there,then China could go to a gold backed optional exchange system and circumvent The Federal Reserve Dollar that is trying to export inflation and it debt's on the worlds trading arena with No more reserve currency for USA! And after paying a fair amount of interest to lenders to fund our debt after that ,well then it's a raining crap storm for US taxpayers and businesses.

    With Biden in office with progressives running the country until 2023 it will be too late for any one political party to pull the fat out of the fire there Bob. Then it may become a digital currency for all with The NWO to save the day with a sliding scale with each individual central bank on it's current value of exchange. More debt accumulated before the reset then less value for trading in that reserve banks territory until the debt is paid off.

    serf

  • BobJudyBobJudy Member Posts: 6,445 ✭✭✭✭

    While I agree with about 20% of your post, I wish you would come up with a better boogeyman than the NWO. Are you referring to the mythical 13 blood related families, including a member of the Black nobility? Are you referring to the Bilderbergs, the Illuminati, the skull and bones society? Just who is the NWO? The world and it's countries will never agree to a one world government, let alone the mass depopulation the mythical NWO supposedly is striving for. What existing countries political structure will give up their power to this NWO?

    Now, if you are alluding to a country becoming economically dominant, then you may at least be coming a bit closer to reality. WW2 created the dominant American economy. A burgeoning wealthy consumer population here turned outward to get more and cheaper products for instant gratification. In doing so, our consumers spread economic prosperity to other countries like Japan and Europe. By raising their workers wealth, those workers also looked outward for products just like the American worker did. This time China became the beneficiary of the worlds burgeoning development and economy. 50 years ago if you had prophesied that there would be a large market for personal vehicles in China, you would have been laughed at. Unfortunately we allowed them to become dominant in some products we depend on and thus have given them great power. So if you want to worry about a real NWO domination, look no farther than the one our consumers seem to support whole heartedly - China. Since we created this problem, a quote from Pogo seems appropriate: "We have met the enemy and it is us." Bob

  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited March 2022

    Well Bob it's common Knowledge now! I did not formulate it out of thin air like The federal reserve does with The USA Dollar! If you have a central aggregate world bank in Switzerland called The BIS then this is where the rubber meets the road Bob.

    George H W Bush New World Order Speech Rare

    serf😁

    https://www.youtube.com/watch?v=KA6u5w_CHL4

    https://millercenter.org/the-presidency/presidential-speeches/september-11-1990-address-joint-session-congress

    Ross Perot was/is right on The free trade deals and spending with taxes!

    https://www.youtube.com/watch?v=W3LvZAZ-HV4

  • BobJudyBobJudy Member Posts: 6,445 ✭✭✭✭

    Not this again! Bush was not referring to an entity. He was referring to the cooperation of individual civilized nations to act together to prevent wars. IE resulting in world peace. The same folks who use this as an example are the ones saying Trump is on Putin's side because he said the way the Ukraine invasion was set up was genius. It is awfully easy to fool the gullible by giving them an interpretation of events, no matter how wrong, that fits their preconceived biases and fears. Bob

  • serfserf Member Posts: 9,217 ✭✭✭✭

    Well who runs the United Nations there Bob? The powers who won the second world war? is it The same folks who say you can veto any resolution before the World's biggest power base which were the Founding members except China with it's magic wand who snuck in ? Maybe? Now one of them is now the perpetrator of recent events in the Ukraine but oh wait Russia is not CCCP anymore!

    serf

  • BobJudyBobJudy Member Posts: 6,445 ✭✭✭✭

    Not sure what point you are trying to make because for the most part the U.N is nothing but a graft filled ineffectual feckless debate society. Off the top of my head, I can't recall any meaningful results coming out of their chambers. Most countries seem to operate under the it is better to ask forgiveness, than waste time asking permission theory anyway. The U.N. only exists as a place for diplomacy after the fact. If you are saying that the NWO will come out of that useless organization, I think you are mistaken. Bob

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