by Bill Holter, Miles Franklin:
I have written many times regarding the potential for a bank holiday and a “re set” of the financial system. Some say that this cannot and will not happen and that anyone believing it will is either scaremongering, gullible or just a little bit slow upstairs. I hope that I am none of these. I write what I believe and pull only a few punches so as not offend anyone (usually) or get “so far out there” that my core ideas are missed.
First off, why does there need to be a reset of the system? Let’s look at this from a couple of different standpoints. From a foreign standpoint, they are producing goods, shipping them to the U.S. and receiving “dollars” in return. Dollars which we can create in unlimited quantities and at a “cost” of zero. In reality, we have and are getting “something for nothing”…a good deal if you are American but not such a good deal if you are not. This “nothing” is also traded (required for oil) between foreigners, the growing thought process is to trade and exclude the use of dollars.
Read more about More on the Coming “Reset.”
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