Sometimes the process of answering the great questions of you readers provides the best opportunity to share information. RJZ33 asked some very pointed and well phrased questions which prompted two very pointed and informative responses from me. Both questions from RJZ33 were around the future role of SDR in a growing crypto environment, and how the Ripple XRP crypto asset could function in a larger international role and free up trillions in global liquidity. This massive amount of liquidity could be just the thing to stave off a financial downward cycle and drive bull markets for decades. So for those of you who may have been wondering where the SDR went, or what my take on the future of the crypto markets may be, below is the exchange between myself and RJZ33.
Think of it. Since the coup in Saudi Arabia, and the confiscation of hundreds of billions, funding has been cut off to North Korea, the Democratic National Congress is going broke, and numerous CIA black ops field offices have been abandoned and the human assets left to fend for themselves, as Russia, Syria, Turkey, and others, move into to mop up the mess left behind. It’s only a matter of time before economic propaganda organs, such as CNN, fully go broke and collapse inwards.
Throughout 2017 Chinese holdings of US Treasury bonds did decrease and had an uptick again near the end of the year. Alignment and timing aside, the process of reducing USD foreign exchange reserves while increasing the interest rate and incrementally depreciating the dollar agains the renminbi, yen, euro, and pound, will only continue to bring jobs back to America. Tariffs that may be measured against China by Trump will only provide the monetary authorities in Beijing with the pretext to reduce US bonds even further. It all plays out as planned.
The Slow Extinction of National Money and Fractional Banking
The old elites are facing a two-front war.
It’s strange that I still hate getting electronic bills on email. There’s something comforting about pilling up a stack of paper bills stuffed in envelopes. Once paid they make there way to another pile of paperwork which accumulates in a drawer, or file folder somewhere, never to be looked at again. There’s something about these paper bills that just make me feel like a part of the real world.
Replacing USD Denominated SWIFT with the XRP World Digital Asset
Numbers and letters. Letters and numbers. The combinations can be both exciting and intimidating. As an example, the H3N2 influenza virus is making the rounds throughout the West, and I may, or may not, have it. Definitely feels like it. Outside of letter and number combinations, that has absolutely nothing to do with this article.
Researching the blockchain technology and the deep field of cryptocurrencies which are now available across numerous exchanges has been a fascinating endeavour. It doesn’t take long to understand that Bitcoin is now so outdated that it must only be running on momentum. But Bitcoin is serving the purpose of drawing large numbers of people into the world of blockchain and the wonders of tomorrow.
But Don’t Expect a Death of the Dollar Scenario to Unfold
Surprise, 2018 is continuing the same trend of engineered de-dollarization which picked up speed last year. Setting the tone right out of the gate, President Trump tweeted the following about Pakistan:
“The United States has foolishly given Pakistan more than 33 billion dollars in aid over the last 15 years, and they have given us nothing but lies & deceit, thinking of our leaders as fools. They give safe haven to the terrorists we hunt in Afghanistan, with little help. No more! “
This follows an annual State Department report from a few days ago where it was stated that $255 million of military aid would be withheld from Pakistan because of its poor performance on fighting terrorism, as well as its inability to reduce threats to American forces in Afghanistan.
Islam was created from the rib of Catholicism.
Who would have thought that researching and writing about the international monetary system four years ago would have led me down such an unpopular road? There were some key moments and events which can be marked as turning points. One was the realization that the creation of the central banking system was a strategy of the Jesuits to recapture land and wealth which the Catholic Church lost, first during the Great Schism in 1054, and subsequently after the open spark of the Protestant Reformation in 1517.
Outside of a few scattered comments, I've intentionally avoided the Blockchain and Bitcoin craze. Last year I mentioned in passing that the new technology, and cryptocurrencies in general, would eventually be consolidated within the existing currency and bond structures, with it playing a role in the SDR evolution.
History has shown that the Jesuits will use nations and empires to alter the course of history through war and genocide. Through the Inquisition, both the Catholic Church and the Jesuits murdered all signs of Protestantism and liberalism. Liberalism, being the personification of human weakness, the “do what thou wilt, shall be the whole of the law” cultural engineering, was determined as difficult to extinguish as Protestantism, as all humans are afflicted with the weakness of spiritual fragmentation. It was a brilliant change in strategy to embrace and promote liberalism to use as a tool to infiltrate and corrupt Protestantism from within. All the while the Catholic Church and Jesuits got to remain in the shadows and spread propaganda about the Anglo-American Establishment, which they in fact controlled, while allowing Western civilization to corrupt.
The Reformation was a major financial and economic blow to the Catholic Church, as the territory it controlled was divided in half, and much of the gold and silver stored in the Bank of Rome was taken by the Protestant forces. Much of this silver and gold was likely confiscated from the Knights Templar centuries before by the Church. Considering the connection between the Templars and future Reformers, we may be justified in concluding that the Protestants took revenge on the Church for the murder of the Templars and the stealing of their wealth.