J.B. Shurk – Mark Jeftovic wrote a wonderful essay arguing that WWIII has been in the works ever since industrialized nations jettisoned the classical gold standard at the outbreak of WWI. Drawing from Ferdinand Lips’s insightful book, Gold Wars, Jeftovik recounts how everything changed once governments abandoned sound money in order to finance long wars.
From the mid-1600s all the way to 1914, the gold-linked British pound remained remarkably stable — even increasing its value relative to gold over those two and a half centuries (no doubt because of its proven resilience through myriad crises). Continue reading
Brooks Agnew – “We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.” – Zoltan Pozsar,
Paul Rosenberg – Money wasn’t always
Alexandra Bruce – Central banking is really about a small group of people establishing the rules of human interaction and controlling it with the ultimate chokepoint that is money.
John Michael Chambers – The global financial reset is unfolding according to plan. You won’t hear much about this on the financial news (just yet), so let’s connect the dots on but a few occurrences leading up to what may prove to be perhaps one of the biggest stories of the century as the transformation of the global monetary central banking fiat system is coming to an end, R.I.P. Actually rather than rest in peace, shall we say, R.I.H. (rest in heat)?