By prophetofpan - 27 Aug 2019 16:20
- 27 Aug 2019 16:20
#15029917
I am of the belief that as things go, Donald Trump and Vladimir Putin's relationship isn't exactly what the media states it is, nor is it much ado about nothing as conservatives claim. Some might argue that the President enjoys making tongues wag over the many incidents that could qualify as wink and nod moments, while others insist that he is an outright agent of the Russians and is compromised due to previous business associations that required lending in order to keep his private businesses solvent.
I think that no matter what can be said, one thing seems rather apparent: Bretton Woods, and the US dollar as a reserve currency is on borrowed time. In fact, I am now of the belief that Trump's intentions are towards compromising the Federal Reserve and ending the current relationship between the Central Bank and the United States government by forcing the insolvency of the US dollar on an accelerated timetable.
Some might find this ludicrous, but Russia has wanted to end the petrodollar arrangement with OPEC for decades. And on the other side of it? You have remnants of the Ron Paul Revolution in play in conservative circles who would also love to see nothing more than "ending the Fed", and repeat is as a mantra among themselves while secretly wishing the US dollar could return to a pre-1971 gold based standard.
I don't think either is realistic. The Trade War with China will inevitably lead to a divorce and a reduced US presence in the Eastern Hemisphere. In this scenario there will be no enticement or necessity to trade with a currency that has in excess of 22+ trillion dollars of uncollected debt associated with it. And for those on the conservative side? The US dollar is not actually a sovereign currency and as long the US has a reserve currency it has to assume the role of the protector for industries that use that currency.
So why is Vladimir Putin supporting the President? They both want to see the end of the US dollar as we know it. Call it madness, call it lunacy but I sincerely believe this.
I think that no matter what can be said, one thing seems rather apparent: Bretton Woods, and the US dollar as a reserve currency is on borrowed time. In fact, I am now of the belief that Trump's intentions are towards compromising the Federal Reserve and ending the current relationship between the Central Bank and the United States government by forcing the insolvency of the US dollar on an accelerated timetable.
Some might find this ludicrous, but Russia has wanted to end the petrodollar arrangement with OPEC for decades. And on the other side of it? You have remnants of the Ron Paul Revolution in play in conservative circles who would also love to see nothing more than "ending the Fed", and repeat is as a mantra among themselves while secretly wishing the US dollar could return to a pre-1971 gold based standard.
I don't think either is realistic. The Trade War with China will inevitably lead to a divorce and a reduced US presence in the Eastern Hemisphere. In this scenario there will be no enticement or necessity to trade with a currency that has in excess of 22+ trillion dollars of uncollected debt associated with it. And for those on the conservative side? The US dollar is not actually a sovereign currency and as long the US has a reserve currency it has to assume the role of the protector for industries that use that currency.
So why is Vladimir Putin supporting the President? They both want to see the end of the US dollar as we know it. Call it madness, call it lunacy but I sincerely believe this.