Next topic.

Fall of the Petrodollar.
Leads to>
Redemption period. (70% of cash overseas)
Leads to>
Rise of the US Dollar. (Deflation)

What doesn't kill you makes you stronger.

more stimmy to come? people with wheelbarrows of cash, except this time, it’s actually worth something?

i know in the past you said change of system forces disclosure of hidden $.

death of petrodollar means are currency is no longer dependent on oil trade. means we can begin introduction of new forms of energy without disrupting trade / $ strength.

redemption decreases money supply (an effective burn), bringing on deflation. puts people in control. further, encourages and gives need for backing with PM’s or some other tangible asset.

all successful societies have a deflationary currency. not just in terms of decreasing price, but money is a true store of energy and value. work done years ago should still be valued today. and in fact, with technology, it should only be MORE valuable today.

this encourages savers, discourages the need to wildly speculate since interest rates rise and lending / saving generated a low risk high yield return.

Just research Venezuela's hyperinflation as one example. They reset their currency, make changes, lop off zeros - and it never leads to deflation. It's accounting bs. So, I still don't see why or how if we go (arguably there now) into hyperinflation then how does a new currency combat that?