{"id":65451,"date":"2023-06-28T06:23:37","date_gmt":"2023-06-28T11:23:37","guid":{"rendered":"https:\/\/olduvai.ca\/?p=65451"},"modified":"2023-06-28T06:23:37","modified_gmt":"2023-06-28T11:23:37","slug":"modern-currency-policy-nations-compete-citizens-suffer","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=65451","title":{"rendered":"Modern Currency Policy: Nations Compete, Citizens Suffer"},"content":{"rendered":"
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Modern Currency Policy: Nations Compete, Citizens Suffer<\/a><\/h3>\n<\/header>\n
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Below we consider how modern currency policy may not be so good for, well, the people\u2026<\/p>\n

This is why gold inevitably enters the conversation, for unlike policy makers, this old pet rock garners more trust.<\/p>\n

\"\"<\/figure>\n

Gold, of course, loves chaos, tanking currencies and cornered, debt-soaked nations, the numbers of which rise with each passing day.<\/p>\n

We see currency debasement as\u00a0mathematically<\/strong><\/a>\u00a0and\u00a0historically inevitable<\/strong><\/a>, though we have no clue (no one really does) as to the precise date, trigger or time the already teetering fiat money systems fall over the global debt cliff.<\/p>\n

We only know that the $300+T cliff is here, and that nations are racing toward it at historical speed, with equally historical consequences.<\/p>\n

Physical gold holders, however, enjoy a certain and calm advantage: They don\u2019t need to be precise timers; simply patient owners.<\/p>\n

As for more signs of the move toward weakening currencies in general, and a weakening USD in particular, let\u2019s look at some more history and current facts.<\/p>\n

Hot vs. Financial Wars: Today\u2019s Evidence, Tomorrow\u2019s Polices<\/strong><\/p>\n

As headlines change with daily Western biases regarding the\u00a0military<\/em>\u00a0war in Ukraine, America\u2019s\u00a0financial<\/em>\u00a0war with the East (i.e., China) will continue into the next generation.<\/p>\n

It\u2019s no secret to me, or many others, moreover, that the war in the Ukraine is a US proxy war against Russia, in which Ukraine (and its citizens) are merely a convenient battering ram against Putin.<\/p>\n

That\u2019s just my opinion, but we\u2019ve seen this \u201cfreedom\u201d movie before. Many times, and in many countries, none of which ended with much \u201cfreedom\u201d \u2026<\/p>\n

But as to\u00a0financial<\/em>\u00a0wars, they too are just an extension of politics by another means, and with the growing\u00a0waves of de-dollarization<\/strong><\/a> rising in speed and height following the predictable ripple of effects of the 2022 sanctions against Russia…<\/p>\n

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

Modern Currency Policy: Nations Compete, Citizens Suffer Below we consider how modern currency policy may not be so good for, well, the people\u2026 This is why gold inevitably enters the conversation, for unlike policy makers, this old pet rock garners more trust. Gold, of course, loves chaos, tanking currencies and cornered, debt-soaked nations, the numbers […]<\/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":[2,5],"tags":[951,5059,374,18507,31019,536,647],"class_list":["post-65451","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-currency","tag-currency-debasement","tag-gold","tag-gold-switzerland","tag-matthew-piepenburg","tag-money","tag-precious-metals"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65451","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=65451"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65451\/revisions"}],"predecessor-version":[{"id":65452,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65451\/revisions\/65452"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}