04-07-2019, 07:09 AM
I do know that there is some type of work out planned for US treasuries, so the old system doesn't have to die overnight because of a bankruptcy declaration. But two currencies could operate side by side, where the old system slowly dies and a new system slowly emerges. Then non-cabal folks could convert their FRN's to gold backed currency - as there is ridiculous amounts of FRN's out there that can't be carried over to the new system. Then people could go through a process to eliminate debt in the old system. I don't imagine a jubilee would happen - that's not the way the good guys operate as contracts are in place and typically honored. International settlements would be shifted to gold then, rather than US treasuries. Note that if US Treasuries were one day just declared worthless, international trade would completely stop, which would destroy all supply chains overnight and millions would probably die as a result.
Having Trump in there is absolutely huge since the good guys can do this in an orderly fashion with him, but the details are murky. Had Trump not been elected, it could have been done, but it would have been ugly probably with treasuries being worthless overnight.
The IMF has been trying to position the SDR as a new world currency and sorta back it by gold. This would be one of the darkside's final attempts to maintain their system, as the Paris Agreement looks to be toast forever.. We'll have to see what happens with that..
Having Trump in there is absolutely huge since the good guys can do this in an orderly fashion with him, but the details are murky. Had Trump not been elected, it could have been done, but it would have been ugly probably with treasuries being worthless overnight.
The IMF has been trying to position the SDR as a new world currency and sorta back it by gold. This would be one of the darkside's final attempts to maintain their system, as the Paris Agreement looks to be toast forever.. We'll have to see what happens with that..