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REPORT ABUSIVE REPLY
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Message Subject
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Shanghai gold boss wants super-sovereign currency for post-crisis times
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Poster Handle
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Anonymous Coward |
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Post Content
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You know what that means, end of the FIAT money, USA won't no longer be the world sheriff and main currency holder, big question is if USA approves and is working on the plan together with the Chinese or the Chinese want to introduce digital - super - currency without USA's knowledge, green light, in that case that means WW3.
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No and No. The $ will loose it's reserve status and we will have a metals backed currency. China, Russia, and India are sitting on massive gold reserves. Many Nations have been switching from the $, it's status was never going to last forever.
Fiat to be replaced with gold backed currencies. I do not think any one Nation will have a reserve currency maybe a basket of currencies?
Digital and Fiat only works for the crooks and they are presently being taken down.
Quoting: The Searcher Isn't that trading one monopoly (FIAT) for another (gold)? 99% of the world's gold supply is owned governments, not the people.
And you know once we start over again, it's just a matter of time before each country moves off their "gold standard, into its own inflationary and easily manipulated currency. The reason you can manipulate people, workers, banks, loans, the economy, the WORLD... is because FIAT can be manipulated and you need to grovel before the gatekeepers that issue it. Same exact thing with gold, no difference whatsoever...
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