Saturday, February 20, 2021

The current and future of money is the petrodollar

 Macleod: The Future Of Money Is Gold (Not Crypto)

We are at a credit system anymore. The banks are closing branches, the Fed is collecting about one percent annual in VAT taxes. The petrodollar agency in Japan sets the ten year rate.

This is not a conspiracy theory, it is real, observable actions and plain statements from Japanese FX insurance agency and clear precise statements from the Fed which hints strongly. And you can read it in the charts, oil vs trade weighted dollar.

It is actually well known and well accepted, and the fiction of us having an independent Fed is just opiates for the masses, though I prefer pot.

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