Central Banks Are Now In The Endgame

So Nixon saved the dollar very briefly with the consequence of killing it forever! When will they ever learn?

A DYSFUNCTIONAL GLOBAL ECONOMY

The period after I was born at the end of WWII  was followed by a long chapter of law and order in the West. This was not just in society at large but there was also order and discipline as well as a courtesy in schools and families.

Today in many countries there is no respect for teachers, parents, or even the police. All eras go through cycles and the worst part of the cycle is what we are experiencing now.

Moral and ethical values are gone and crime is rampant. This is not new in history and regularly happens at the end of major eras or cycles. This happened for example at the end of the Roman Empire as Rome disintegrated economically and morally. Decadence was rampant then as it is today. So were debts and deficits.

Decline of the Roman Denarius

The emperor Commodus started it all and was the ancient Nixon. Gallienus finished it off and was the Greek version of Biden.

So dissolution of values and principles are clearly a consequence of financial and economic dysfunction.

The fact that the US for example has increased the federal debt every year since 1960 (with four minor exceptions) is a sign of chronic disease and total dysfunction.

If the US government for over 60 years has become increasingly more decadent, both economically and morally, how can we expect the people to behave differently?

Many countries in the world have fared in a similar manner but because of the size of the US economy and the reserve currency status of the dollar, the consequences are considerably more significant.

WE ARE NOW IN THE CENTRAL BANK ENDGAME

The song I am forever blowing bubbles” was written in 1918, not long after the creation of the Fed. Clearly, the composer saw it coming:

“I’m forever blowing bubbles,

Pretty bubbles in the air,

They fly so high, nearly reach the sky,

View single page >> |

Disclaimer: Information and opinions contained in this article are gathered and derived from sources which we believe to be reliable. However, we can offer no undertaking, representation or ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.