Full Article: Monetary Tricks No Longer Work
By: Jim Rickards
If you hold the keys-to-the-kingdom and someone comes along and request that you share those keys what are the odds you are going to honor such a request? Let’s say you posses the power, financially and militarily, to bully whoever you would like, along with the keys-to-the-kingdom. If you already hold all the power why would you even entertain any such idea? Odds are, not going to happen.
This is exactly where our global monetary system stands today. The Federal Reserve Note (FRN), U.S. dollar, represents the keys-to-the-kingdom. The FRN, which is still the world reserve currency, is backed by military force and a criminal banking cabal that work in tandem with the federal government. This is the three-headed hydra of power that dominates the global financial system. The world has had enough. China, in the not too distant future, will be making a request of the IMF to change the world reserve currency system. This will be a formal request. China has already made informal requests and have been working on plans to dislodge the FRN from it’s abused position for the past few years.
Full Article: Monetary Tricks No Longer Work
By: Jim Rickards
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