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Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
Just my opinions.... Here in the US, there is enough money to make sure that those in need receive all necessary essential services. Those in need will never receive all necessary essential services no matter how much money is budgeted towards them. The debate between different political parties/opponents/ ideologies about… -
Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
Don't fall in love with stats from the BLS, even the PPI or Food Prices which on the surface seem simple to calculate. They have lots of little tricks installed to ensure the numbers are smaller than reality. Substitutional effects for one. For example if the price of steak gets too high, people will start shifting to… -
Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
The BRICS will develop a dollar alternative for trade most likely in August this year at the BRICS summit in South Africa. Will this replace the dollar? Of course not. What it will do is reduce the dollar's importance and their desire to hold and conduct trade exclusively with it. According to the Switzerland-based Bank… -
Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
Hyperinflation is usually the result of a loss of confidence in gov.com and loss of confidence in the currency. When over 50% of the population have no appreciable savings to fall back upon in a debt-based system, and when gov.com can’t seem to get away from increased spending at a seemingly exponential rate - and when the… -
Re: Will there be an economic reset, and what do you think an economic/monetary reset would look like?
The CBDC's are coming. It's just a matter of how onerous they will be. Certainly within the next 3-10 yrs when this next financial reset and fourth turning is complete. And a CBDC will be ushered in under a huge crypto collapse or some type of national "crisis" where there is "no other alternative" with the people…
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