Rogue Money by Kenneth Schortgen An interesting, but extremely important piece of news fell through the cracks earlier this week, that has the potential to be one of the most powerful attacks on the dollar’s reserve currency status since 1973. And it appears to be happening using the West’s own mechanism against them. On… Read More Get Ready America… China is Preparing to Fully Challenge the Dollar by October
The Conversation By Jay L. Zagorsky We’ve been talking about society’s transition to a cashless society for a long time, but it begs an important question: Can stores and other retail establishments refuse to take your dollars and cents? As odd as it sounds, this is not hypothetical anymore as a small number of… Read More If Cash Is King, How Can Stores Refuse To Take Your Dollars?
The Economic Collapse by Michael Snyder Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City. During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”. … Read More A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York
Alt-Market by Brandon Smith It’s been about 15 years now since passenger airliners struck the World Trade Center towers on 9/11, and we are still suffering the consequences of that day, though perhaps not in the ways many Americans might believe. The 9/11 attacks were billed by the Bush Administration as a “wake-up call”… Read More One More Casualty Of The 9/11 Farce – The Petrodollar
Washington’s Blog by Charles Hugh Smith That oil fell off a cliff once the U.S. dollar (USD) began its liftoff in mid-2014 is, well, interesting. Causation, correlation or coincidence? There are a variety of opinions on this, as there should be. What we do know is the soaring USD blew up a bunch of… Read More Cheap Oil, the U.S. Dollar and the Deep State
Ready Nutrition by Joshua Krause Earlier this month, the European Central Bank suggested that the 500 Euro note needs to be eliminated. Not long after, academics and policy makers in the US started to call for the elimination of the $100 bill. This isn’t something that the average person really thinks about on a… Read More Why You Need to Prepare for the Cashless Society
The Great Recession Blog by David Haggith Last week, I wrote that the day would come soon when oil prices would take another nasty dive because there is nowhere left to store oil, causing the spot price for immediately delivery to dive toward the zero bound. This week we see how close that day… Read More Sheen on the Oil Slick Getting Darker