Rebalancing Reaches Tipping Point

in crypto •  2 years ago 

BRICS Ministers Say Rebalancing of Global Order Underway, Call Group a ‘Symbol of Change’: Report

“Our gathering must send out a strong message that the world is multipolar, that it is rebalancing and that old ways cannot address new situations… We are a symbol of change and must act accordingly.”

Lives are short, and memories even shorter.

Since 1450 there have been six major world reserve currency periods. Portugal (1450–1530), Spain (1530–1640), Netherlands (1640–1720), France (1720–1815), Great Britain (1815–1920), and the United States from 1921 to today. If you notice the average currency span is 94 years. The US dollar presently has been the world’s reserve currency for roughly 99 years.

There is already a new global currency waiting in the wings: the IMF's SDR. The one currency that is in both the SDR and BRICS is the Chinese Yuan. There is a way to make the new world reorder less disordered, but that probably won't happen, as the very reason for this monetary reset is the astronomical global debt - not just governments, but mainly from derivatives.

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  ·  2 years ago  ·  


plausible deniability incoming

  ·  2 years ago  ·  

Who needs AI when you have Anons?


and again... plausible deniability.

  ·  2 years ago  ·  

Circle's Allaire says the US dollar is at crossroads, urges stablecoin legislation

mmm... go Eurodollar - it is out of reach of the Fed - that was the whole point!
Doesn't make regulations easier, just means that US regs are not necessary.

  ·  2 years ago  ·  

Talking of tipping points...


cryptonomics needs to be more complex - not less.

  ·  2 years ago  ·  

be prepared

  ·  2 years ago  ·  
  ·  2 years ago  ·  

The Next Evolution in Global Payments: Novatti Brings Stablecoins to the Australian Market

This marks an important inflection point in the journey toward the Internet of Value. As more and more assets are tokenized; global liquidity increases; and greater financial inclusion brings in more participants, companies will be able to tap into new markets, open up new revenue streams, and offer new financial services to customers.

  ·  2 years ago  ·  

inflation is not a thing.
inflation is many things with many measures.
the myth of "fighting inflation" should be obvious in this cycle that it is totally synthetic, with manufactured data

and real pain for those affected by the numbers.
indeed, raising rates can further increase inflation as companies raise prices to offset higher loan repayments.
it's all theatre to make people think their pain is justified.

  ·  2 years ago  ·  

powell even says this in places - blame the plandemic, itself synthetic.
blame also all the consequences of the plandemic - blame the tyranny and fear pounding people on a daily basis.

  ·  2 years ago  ·  

also


the dice are loaded

  ·  2 years ago  ·  

admission


but all CBDCs being considered retain banksters in the middle.
what they don't want to become public and obvious are all the injections and manipulations in the supply.
this story to play out.

  ·  2 years ago  ·  

slightly bizarre


although standard psyops - confuse the public so that any plan can roll on under their radar (which isn't so hard with the phonetard-gens)

  ·  last year  ·  

the unwinding road

  ·  2 years ago  ·  


why wasn't this done years ago?