The State of Our Currencies
The State of Our Currencies
Putin’s comment on the dollar:
https://twitter.com/i/status/1195282924624465927
By Catherine Austin Fitts
I am working on The State of Our Currencies – given Putin’s recent comments, it seems a highly appropriate time to be writing this.
We will publish this in December – if you have questions on the future of the dollar and global currencies, please post here!
Audio is now posted! Click here.
90 Comments
Comments are closed.
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90 Comments
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I suspect that another 9-11 would be too suspicious. Before a new digital currency can be introduced, the general public will have to be primed by a convenient war, a “natural” cataclysm of some sort, or a Hollywood-assisted alien invasion. A digital dollar replacement will be the convenient solution to the “unexpected” monetary crisis.
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The national news is ignoring the local reports both in the US and abroad of pervasive crop failures. Beet, wheat and corn in particular. Beef prices will fall as ranchers send cattle to slaughter before they are fully mature due to feed shortages. But that only sets the stage for higher beef prices several months to a year from now. If the grand solar minimum has not started (some argue we have another solar cycle to go before it begins), then we are still in a down trend, setting lower lows and lower highs as, due to the waning magnetosphere, the jet streams are meandering our of their customary channels. So, watch for sharp increases in food prices during the months to come. That may provide the natural cataclysm.
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This jetstream map may be of interest. I can pretty much determine if we will get snow or not by this map. It’s out of UK but is global. The wavy jetstream is why it can be warm in Alaska but frigid in midwest. Fun map.
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The corporate channels are underreporting. But then, they are not news are they? 🙂
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Yes, I’ve been following Yanasa Ama Ranch’s reports on YouTube (all demonetized, probably for not meeting “community” standards)
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-
One of the things I am considering is how a digital dollar replacement is rolled out when there is this much infighting.
-
-
I suspect that another 9-11 would be too suspicious. Before a new digital currency can be introduced, the general public will have to be primed by a convenient war, a “natural” cataclysm of some sort, or a Hollywood-assisted alien invasion. A digital dollar replacement will be the convenient solution to the “unexpected” monetary crisis.
-
The national news is ignoring the local reports both in the US and abroad of pervasive crop failures. Beet, wheat and corn in particular. Beef prices will fall as ranchers send cattle to slaughter before they are fully mature due to feed shortages. But that only sets the stage for higher beef prices several months to a year from now. If the grand solar minimum has not started (some argue we have another solar cycle to go before it begins), then we are still in a down trend, setting lower lows and lower highs as, due to the waning magnetosphere, the jet streams are meandering our of their customary channels. So, watch for sharp increases in food prices during the months to come. That may provide the natural cataclysm.
-
This jetstream map may be of interest. I can pretty much determine if we will get snow or not by this map. It’s out of UK but is global. The wavy jetstream is why it can be warm in Alaska but frigid in midwest. Fun map.
-
The corporate channels are underreporting. But then, they are not news are they? 🙂
-
Yes, I’ve been following Yanasa Ama Ranch’s reports on YouTube (all demonetized, probably for not meeting “community” standards)
-
-
One of the things I am considering is how a digital dollar replacement is rolled out when there is this much infighting.
-
-
The recent spate of news about how China now wants to introduce its own crypto-yuan, and other central banks doing the same is an indication of where this is going. These will be centralized currencies that the general public will flock to, because they appear safer than the decentralized ones. Central bank digital currencies CBDCs will be what 2020 will bring I guess.
-
A central bank crypto backed by gold, including one issued by a brics consortium will attract a lot of money. Making it transactionally reliable for major liquidity will take time.
-
But I wonder if they need to back its digital money with gold; I make the distinction between digital and crypto because after all around 97% of the money supply is already digital isn’t it? It really isn’t that much of a leap if they made everything digital. Personally I don’t look forward to that, as the total control inherent in such a monetary system is horrifying.
-
-
-
The recent spate of news about how China now wants to introduce its own crypto-yuan, and other central banks doing the same is an indication of where this is going. These will be centralized currencies that the general public will flock to, because they appear safer than the decentralized ones. Central bank digital currencies CBDCs will be what 2020 will bring I guess.
-
A central bank crypto backed by gold, including one issued by a brics consortium will attract a lot of money. Making it transactionally reliable for major liquidity will take time.
-
But I wonder if they need to back its digital money with gold; I make the distinction between digital and crypto because after all around 97% of the money supply is already digital isn’t it? It really isn’t that much of a leap if they made everything digital. Personally I don’t look forward to that, as the total control inherent in such a monetary system is horrifying.
-
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Should we short the dollar? If so, against what currency? What about foreign bonds? I am guessing Russia is a likely beneficiary of the falling dollar. What about stocking up on tangible items that will be going up in price? Crypto will soar, but when everyone is in who is getting in, surely the cryptocracy will pull the rug out from under everyone. Manfred Zimmel has been predicting off the charts US inflation. He likes various commodities, including gold and silver. He predicts the greatest wealth destruction in human history. Making money is out, he say. Preserving a portion of one’s wealth is the only rational goal. Surely such economic disaster will mean another artificially constructed world war.
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Christopher:
I am researching now. Putin’s comment represents an opinion that the dollar is weaker than I think it is. So I am revisiting my analysis to see if a more rapid decline will happen in 2020. Still thinking about it.
Currency debasement is currently significant in most places – so stick with what is real. There are not magic bullets. If there is no law, than nothing has any value other than what you can secure.
-
-
Should we short the dollar? If so, against what currency? What about foreign bonds? I am guessing Russia is a likely beneficiary of the falling dollar. What about stocking up on tangible items that will be going up in price? Crypto will soar, but when everyone is in who is getting in, surely the cryptocracy will pull the rug out from under everyone. Manfred Zimmel has been predicting off the charts US inflation. He likes various commodities, including gold and silver. He predicts the greatest wealth destruction in human history. Making money is out, he say. Preserving a portion of one’s wealth is the only rational goal. Surely such economic disaster will mean another artificially constructed world war.
-
Christopher:
I am researching now. Putin’s comment represents an opinion that the dollar is weaker than I think it is. So I am revisiting my analysis to see if a more rapid decline will happen in 2020. Still thinking about it.
Currency debasement is currently significant in most places – so stick with what is real. There are not magic bullets. If there is no law, than nothing has any value other than what you can secure.
-
-
Maybe the much anticipated reset will finally arrive next year. Middelkoop has been talking about the big one for years, and it looks like its time has come. The can has run out of road.
Comments are closed.
I suspect that another 9-11 would be too suspicious. Before a new digital currency can be introduced, the general public will have to be primed by a convenient war, a “natural” cataclysm of some sort, or a Hollywood-assisted alien invasion. A digital dollar replacement will be the convenient solution to the “unexpected” monetary crisis.
The national news is ignoring the local reports both in the US and abroad of pervasive crop failures. Beet, wheat and corn in particular. Beef prices will fall as ranchers send cattle to slaughter before they are fully mature due to feed shortages. But that only sets the stage for higher beef prices several months to a year from now. If the grand solar minimum has not started (some argue we have another solar cycle to go before it begins), then we are still in a down trend, setting lower lows and lower highs as, due to the waning magnetosphere, the jet streams are meandering our of their customary channels. So, watch for sharp increases in food prices during the months to come. That may provide the natural cataclysm.
This jetstream map may be of interest. I can pretty much determine if we will get snow or not by this map. It’s out of UK but is global. The wavy jetstream is why it can be warm in Alaska but frigid in midwest. Fun map.
https://www.netweather.tv/charts-and-data/global-jetstream#2019/12/06/0600Z/jetstream/surface/level/overlay=jetstream/orthographic=-6.72,57.59,712
The corporate channels are underreporting. But then, they are not news are they? 🙂
Yes, I’ve been following Yanasa Ama Ranch’s reports on YouTube (all demonetized, probably for not meeting “community” standards)
One of the things I am considering is how a digital dollar replacement is rolled out when there is this much infighting.
I suspect that another 9-11 would be too suspicious. Before a new digital currency can be introduced, the general public will have to be primed by a convenient war, a “natural” cataclysm of some sort, or a Hollywood-assisted alien invasion. A digital dollar replacement will be the convenient solution to the “unexpected” monetary crisis.
The national news is ignoring the local reports both in the US and abroad of pervasive crop failures. Beet, wheat and corn in particular. Beef prices will fall as ranchers send cattle to slaughter before they are fully mature due to feed shortages. But that only sets the stage for higher beef prices several months to a year from now. If the grand solar minimum has not started (some argue we have another solar cycle to go before it begins), then we are still in a down trend, setting lower lows and lower highs as, due to the waning magnetosphere, the jet streams are meandering our of their customary channels. So, watch for sharp increases in food prices during the months to come. That may provide the natural cataclysm.
This jetstream map may be of interest. I can pretty much determine if we will get snow or not by this map. It’s out of UK but is global. The wavy jetstream is why it can be warm in Alaska but frigid in midwest. Fun map.
https://www.netweather.tv/charts-and-data/global-jetstream#2019/12/06/0600Z/jetstream/surface/level/overlay=jetstream/orthographic=-6.72,57.59,712
The corporate channels are underreporting. But then, they are not news are they? 🙂
Yes, I’ve been following Yanasa Ama Ranch’s reports on YouTube (all demonetized, probably for not meeting “community” standards)
One of the things I am considering is how a digital dollar replacement is rolled out when there is this much infighting.
The recent spate of news about how China now wants to introduce its own crypto-yuan, and other central banks doing the same is an indication of where this is going. These will be centralized currencies that the general public will flock to, because they appear safer than the decentralized ones. Central bank digital currencies CBDCs will be what 2020 will bring I guess.
A central bank crypto backed by gold, including one issued by a brics consortium will attract a lot of money. Making it transactionally reliable for major liquidity will take time.
But I wonder if they need to back its digital money with gold; I make the distinction between digital and crypto because after all around 97% of the money supply is already digital isn’t it? It really isn’t that much of a leap if they made everything digital. Personally I don’t look forward to that, as the total control inherent in such a monetary system is horrifying.
The recent spate of news about how China now wants to introduce its own crypto-yuan, and other central banks doing the same is an indication of where this is going. These will be centralized currencies that the general public will flock to, because they appear safer than the decentralized ones. Central bank digital currencies CBDCs will be what 2020 will bring I guess.
A central bank crypto backed by gold, including one issued by a brics consortium will attract a lot of money. Making it transactionally reliable for major liquidity will take time.
But I wonder if they need to back its digital money with gold; I make the distinction between digital and crypto because after all around 97% of the money supply is already digital isn’t it? It really isn’t that much of a leap if they made everything digital. Personally I don’t look forward to that, as the total control inherent in such a monetary system is horrifying.
Should we short the dollar? If so, against what currency? What about foreign bonds? I am guessing Russia is a likely beneficiary of the falling dollar. What about stocking up on tangible items that will be going up in price? Crypto will soar, but when everyone is in who is getting in, surely the cryptocracy will pull the rug out from under everyone. Manfred Zimmel has been predicting off the charts US inflation. He likes various commodities, including gold and silver. He predicts the greatest wealth destruction in human history. Making money is out, he say. Preserving a portion of one’s wealth is the only rational goal. Surely such economic disaster will mean another artificially constructed world war.
Christopher:
I am researching now. Putin’s comment represents an opinion that the dollar is weaker than I think it is. So I am revisiting my analysis to see if a more rapid decline will happen in 2020. Still thinking about it.
Currency debasement is currently significant in most places – so stick with what is real. There are not magic bullets. If there is no law, than nothing has any value other than what you can secure.
Should we short the dollar? If so, against what currency? What about foreign bonds? I am guessing Russia is a likely beneficiary of the falling dollar. What about stocking up on tangible items that will be going up in price? Crypto will soar, but when everyone is in who is getting in, surely the cryptocracy will pull the rug out from under everyone. Manfred Zimmel has been predicting off the charts US inflation. He likes various commodities, including gold and silver. He predicts the greatest wealth destruction in human history. Making money is out, he say. Preserving a portion of one’s wealth is the only rational goal. Surely such economic disaster will mean another artificially constructed world war.
Christopher:
I am researching now. Putin’s comment represents an opinion that the dollar is weaker than I think it is. So I am revisiting my analysis to see if a more rapid decline will happen in 2020. Still thinking about it.
Currency debasement is currently significant in most places – so stick with what is real. There are not magic bullets. If there is no law, than nothing has any value other than what you can secure.
Maybe the much anticipated reset will finally arrive next year. Middelkoop has been talking about the big one for years, and it looks like its time has come. The can has run out of road.