Vincent Kennedy⍟ donated @VincentKennedy
22 March, 12:35
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.

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17Commentary 17C @17Commentary
22 March, 02:10
In response Vincent Kennedy⍟ to his Publication
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.

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Vincent Kennedy⍟ donated @VincentKennedy
22 March, 02:41
In response 17Commentary 17C to his Publication
Well said Patriot.

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17Commentary 17C @17Commentary
22 March, 03:09
In response Vincent Kennedy⍟ to his Publication
most interesting thing, and I am amazed every day by it, is the role that exists for XRP. a BRIDGE asset between sovereign nations.

the petrodollar was perfect at what it was designed for; to gain leverage over other nations and force them to comply with a system.
Blackmail.

a bridge asset allows each nation to maintain its own currencies/money (commensurate with their laws/constitutions) but trade with other nations without ever seeing that foreign currency.
No counterparty risk.
Instant settlement.
No complex hedging strategy for currency swaps.
No issues of nations run out of $ (e.g. Nigeria https://www.youtube.com/wa... causing default / repayment issues (e.g. Russian 'default' declared for them by the west)

Freedom of nations.
Freedom of the people within them.
End of the Bankers' Wars.

In the meantime, we learn the TRUE meaning of "Give me control of a nation's money supply, and I care not who makes its laws". Never again.

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Vincent Kennedy⍟ donated @VincentKennedy
22 March, 03:49
In response 17Commentary 17C to his Publication
That's why they don't want you to own XRP. You become the bank.
It's not guaranteed that XRP will be the winner but I like the odds. If you listen close you can see what is going on.

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Doq Holliday @doqholliday
22 March, 04:03
In response Vincent Kennedy⍟ to his Publication
White hats want to know what other white hats have their XRP bags packed. We are the news now and we are the bank now.

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Elaine Shtein @elaineshtein
The greatest transfer of wealth is upon us. Imagine a world where kind-hearted Patriots have money to make an impact. Cannot wait to see the good that's coming!
05:15 PM - Mar 22, 2022
In response Doq Holliday to his Publication
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