Even at today’s relatively low inflation levels, the dollar will lose about one-third of its value over the next ten years. No wonder foreign nations are increasingly joining together to by-pass it.
If not for public education and academia controlling the flow of historical data, we'd have no need to relive the experiment of fake money every hundred years of so. The same can be said for the systems of socialism and communism. We don't learn from history because academia and government profit from the ignorance of the people.
...my pointlessness is there will always be more young minds (because old people die off) thinking they have a new approach to the same old problems, not until they become old does the realization occur it's a circle game.
Sadly we better prepare for another world currency to replace the dollar. Nixon screwed the country by taking the dollar off the gold standard. Usually over history every 100 years the current world currency is replaced. I’m not sure what will replace the dollar, but something will. I don’t believe that it will be another country. Probably the IMF will come up with a world currency which would be composed of currencies from several countries. That will mark the end to America’s Money printing press. Another option involves some form of crypto currency. We should all prepare for the disaster that will happen in the future. Our standard of living will be greatly reduced. I would like to get feedback as to what people can do to prepare. Gold and silver is one small way. Others???
It would be useful if Mr. Bonner could look at Robert Malone's 5th Generation Warfare concept. With the influx of large numbers of military age males into the USA (and France) he might alter his opinion of the need for direct invasion. Adding to that the cyber- and biowarfare (Covid and the WHO Pandemic Treaty) in progress he might reflect on Sun Tzu's advice to win war without "fighting."
"America’s only real threat is from a missile attack. And only a fraction of the military budget is needed to provide a deterrent."
Hence, the establishment of "The Space Force" with satellite driven capability to monitor and address incoming hypersonic missile threats.
Bill, the oceans of George Washington's days no longer will provide any measure of security and, as you have observed, no longer does a Gold backed currency.
I agree that a "basket of currencies' is to be the worlds' future.
What we need to hear is how we can participate in it without our working population being exploited.
Today's column is like the insane writing about the insanity of today's world. It's like flailing around in a fog, sometimes bumping into something solid, but mostly only seeing a few feet in front of you and not even being concerned with putting together a coherent picture. You know, like telling the TRUTH, the WHOLE truth and NOTHING but the truth. Bongo Bill starts his column by quoting Putin, an apparently benevolent man who has never hurt a flea. Why would he highlight Putin? Maybe because Putin is an enemy of the USA and Bongo's whole message today is that the USA is corrupt and evil along with its allies. Although Bill makes some good points along the way, there is no attempt at balance. The only good seemingly comes from the USA's adversaries from Bongo's view. Not that there is not a lot to criticize. There certainly is. But it should be done fairly and in the total context of the facts. But Bill only uses "facts" that suit his narrative and ignores those that don't. Apparently, he thinks his readers only get their news and analysis from him.
If not for public education and academia controlling the flow of historical data, we'd have no need to relive the experiment of fake money every hundred years of so. The same can be said for the systems of socialism and communism. We don't learn from history because academia and government profit from the ignorance of the people.
Don't blame the fiscal experiments on academia.
Youth conclude they can solve the problems of the elders.
...at any given time, there are always more young minds than the elders.
Angry, I don't get it. Are you suggesting that the youth are running this show? And if not academia, where do all those FED Phds come from?
...my pointlessness is there will always be more young minds (because old people die off) thinking they have a new approach to the same old problems, not until they become old does the realization occur it's a circle game.
Sadly we better prepare for another world currency to replace the dollar. Nixon screwed the country by taking the dollar off the gold standard. Usually over history every 100 years the current world currency is replaced. I’m not sure what will replace the dollar, but something will. I don’t believe that it will be another country. Probably the IMF will come up with a world currency which would be composed of currencies from several countries. That will mark the end to America’s Money printing press. Another option involves some form of crypto currency. We should all prepare for the disaster that will happen in the future. Our standard of living will be greatly reduced. I would like to get feedback as to what people can do to prepare. Gold and silver is one small way. Others???
Food and lead?
That’s one way
It would be useful if Mr. Bonner could look at Robert Malone's 5th Generation Warfare concept. With the influx of large numbers of military age males into the USA (and France) he might alter his opinion of the need for direct invasion. Adding to that the cyber- and biowarfare (Covid and the WHO Pandemic Treaty) in progress he might reflect on Sun Tzu's advice to win war without "fighting."
"America’s only real threat is from a missile attack. And only a fraction of the military budget is needed to provide a deterrent."
Hence, the establishment of "The Space Force" with satellite driven capability to monitor and address incoming hypersonic missile threats.
Bill, the oceans of George Washington's days no longer will provide any measure of security and, as you have observed, no longer does a Gold backed currency.
I agree that a "basket of currencies' is to be the worlds' future.
What we need to hear is how we can participate in it without our working population being exploited.
Today's column is like the insane writing about the insanity of today's world. It's like flailing around in a fog, sometimes bumping into something solid, but mostly only seeing a few feet in front of you and not even being concerned with putting together a coherent picture. You know, like telling the TRUTH, the WHOLE truth and NOTHING but the truth. Bongo Bill starts his column by quoting Putin, an apparently benevolent man who has never hurt a flea. Why would he highlight Putin? Maybe because Putin is an enemy of the USA and Bongo's whole message today is that the USA is corrupt and evil along with its allies. Although Bill makes some good points along the way, there is no attempt at balance. The only good seemingly comes from the USA's adversaries from Bongo's view. Not that there is not a lot to criticize. There certainly is. But it should be done fairly and in the total context of the facts. But Bill only uses "facts" that suit his narrative and ignores those that don't. Apparently, he thinks his readers only get their news and analysis from him.
John, do you have an issue with the content of the Putin quote, or just the source?
Waiting on a rare earth currency, hopefully the charity of mutual energy survival.