"Part of the problem is due to a process called Triffin’s Dilemma, named after economist Robert Triffin. Triffin said that the issuer of a dominant reserve currency had to run trade deficits so that the rest of the world could have enough of the currency to buy goods from the issuer and expand world trade.
But, if you run deficits long enough, you would eventually go broke. This was said about the dollar in the early 1960s. The SDR would solve Triffin’s Dilemma.
I wrote about SDRs and the global elite plans for them in the second chapter of my 2016 book, The Road to Ruin.
Over the next several years, we will see the issuance of SDRs to transnational organizations, such as the U.N. and World Bank, for spending on climate change infrastructure and other elite pet projects outside the supervision of any democratically elected bodies.
I call this the New Blueprint for Worldwide Inflation.
But Triffin’s Dilemma is not the only dynamic that’s pushing the world away from the do
But, if you run deficits long enough, you would eventually go broke. This was said about the dollar in the early 1960s. The SDR would solve Triffin’s Dilemma.
I wrote about SDRs and the global elite plans for them in the second chapter of my 2016 book, The Road to Ruin.
Over the next several years, we will see the issuance of SDRs to transnational organizations, such as the U.N. and World Bank, for spending on climate change infrastructure and other elite pet projects outside the supervision of any democratically elected bodies.
I call this the New Blueprint for Worldwide Inflation.
But Triffin’s Dilemma is not the only dynamic that’s pushing the world away from the do
The "Great Reset" Is Here, Part 1: The New Blueprint For Worldwide Inflation | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
https://www.zerohedge.com/geopolitical/great-reset-here-part-1-new-blueprint-worldwide-inflation
12:16 AM - Jun 24, 2021
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