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Message Subject War and Covid are the excuse for the coming financial collapse
Poster Handle Anonymous Coward
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You can have high base lending rates and high inflation but what you cannot have is near zero base rates and high inflation and this is why no one wants the petrol-dollar as a reserve currency even when Uncle Sam is pointing a gun in your face as it does with Europe

On top of this the legal theft by central banks of Russia foreign reserves sent a message to places like China, not to trust US banks.

oh, Germany is still asking for the rest of its physical gold back when the FED is ready :)

Now what happens when places abroad send them hyper inflating fiat $USD back home ? That's right, even more inflation as more money chases fewer goods (Not that the USA makes much)

This is the price Americans will pay for not dealing with the bankers that had the twin tower pulled and then took control of Congress.
 
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