Loading ...i love it when pundits bicker. in this case (MF/China/SDR) it doesn’t matter who is right – we (USA little people) lose – the One Bank wins or China wins
i liked this reader Comment (red text):
12:17 pm – mark branham says:
So China want’s to join the game… makes sense, the ability to print at will must be intoxicating to a politician.
The result is that the debt-money monetary system becomes the “gold” standard. Problem is, every instance of a debt-money system has an expiration date; the dollar system failed in 2008. Problem is, there was no other place ready to assume the role of debt-serf. What’s a self-respecting Oligarch to do!!!
Asia has about 3 billion people salivating at the thought of a western life-style. Destroy the ideal of democracy by tarnishing the reputation of the U.S., implement the Chinese model of totalitarianism, AND insure a continued supply of Bentley’s and mansions for the 1%… and all the “right” people are happy.
Ultimately, the right of banksters to create money out of nothing must be destroyed. It appears however, that the debt-money system has found a new home in the East, which means that future generations will have to heft the burden of overthrowing the Oligarchs. Perhaps the Muslim world will respond to that challenge – they’re being set up now to assume the mantle of debt-serf once the Asians have been bled dry.
This will be a very interesting place to be in about a 1000 years, let’s all agree to look in on the place to see how things turn out.