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14
Biden wants Trump appointee FED chairman Jerome Powell to continue. Why? Maybe because they both play for the same team? "The best is yet to come" /s (twitter.com)
posted 4 years ago by BlackDay2020 4 years ago by BlackDay2020 +15 / -1
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– jubyeonin 2 points 4 years ago +3 / -1

Trump wanted near zero interest rates to borrow loads of infinite money and crash the dollar. Here we are at the beginning stages of hyperinflation. Everything that Trump could have done that was good was half-assed and everything that the normies keep trying to convince themselves were great accomplishments just pave the way for the New World Order.

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– BlackDay2020 [S] 2 points 4 years ago +2 / -0

If the dollar crashes, we may move to situation like the old days where banks could issue their own currency (multiple currencies were present at the same time). We're halfway there already with crypto. Imagine a conglomerate of transnational corporations form their own Central Bank that prints crypto money to bail out governments (smaller ones at least), funds their own private army etc.

Great Reset scenario (I'm sure I'm overlooking something): Invalidate everyone's dollar holdings by destroying the dollar. Since your cash is worthless, and you need money, you must trade in your assets to get a hold of the new currency. The mega sale will severely devalue all assets, and they get to buy it cheap.

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