{"id":59048,"date":"2021-08-19T07:30:25","date_gmt":"2021-08-19T12:30:25","guid":{"rendered":"https:\/\/olduvai.ca\/?p=59048"},"modified":"2021-08-19T07:30:25","modified_gmt":"2021-08-19T12:30:25","slug":"central-banks-are-now-in-the-endgame","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=59048","title":{"rendered":"Central Banks Are Now in the Endgame"},"content":{"rendered":"
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Central Banks Are Now in the Endgame<\/a><\/h3>\n

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\"The<\/figure>\n<\/div>\n

Central bankers were handed the Midas curse half a century ago. Midas turned everything that he touched into gold\u2013 even his own food. Exactly 50 years ago (15 Aug, 1971) central bankers were handed a much worse curse by Nixon. But instead of turning everything into gold, their curse was to turn all real assets, including gold, into worthless paper, creating the perfect setup for this central bank endgame.<\/p>\n

Nixon had of course not studied history. Because if he had, he would have understood that his lie was $100s of trillions worse than the Watergate lies:<\/p>\n

\u201cTHE EFFECT OF TODAY\u2019S ACTION will be to stabilise the dollar\u201d<\/strong><\/p>\n

Hmmmmmm!<\/strong><\/p>\n

As the chart below shows the dollar has lost 98% in real terms (GOLD) since 1971. Just a one hour history lesson would have taught Nixon that no currency has ever survived in history since all\u00a0 leaders without fail have done what Nixon did.<\/p>\n

Reminds me of the line in Pete Seeger\u2019s song\u00a0\u201cWhere have all the flowers gone<\/a>\u201d:<\/strong><\/p>\n

\u201cWHEN WILL YOU EVER LEARN, WHEN WILL YOU EVER LEARN?\u201d<\/strong><\/p>\n

\"The<\/figure>\n

Well, they will never learn of course. History has taught the very few who are willing to listen that there is no exception.<\/p>\n

Every single currency throughout history has been debased\u00a0until it has reached ZERO as I outlined here<\/a>.<\/p>\n

It seems incomprehensible that presidents and central bankers have not learnt they will all play the role that their predecessors have, in destroying the nations currency.<\/p>\n

With their arrogance, they are all obviously hoping that they can pass the baton on so that it won\u2019t happen on their watch. And because most leaders have a relatively short reign in relation to the lifespan of a currency, they often escape even though guilty.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Central Banks Are Now in the Endgame Central bankers were handed the Midas curse half a century ago. Midas turned everything that he touched into gold\u2013 even his own food. Exactly 50 years ago (15 Aug, 1971) central bankers were handed a much worse curse by Nixon. But instead of turning everything into gold, their […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[9172,124,5059,195,8444,14995,994,309,4219,839],"class_list":["post-59048","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bretton-woods-agreement","tag-central-banks","tag-currency-debasement","tag-debt","tag-debt-bubble","tag-egon-von-greyerz","tag-endgame","tag-fiat-currency","tag-richard-nixon","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59048"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59048\/revisions"}],"predecessor-version":[{"id":59049,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/59048\/revisions\/59049"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}