Thoughts are fleeting things, here one minute, gone the next. Especially if you're like me, and you tend to forget easily. With that in mind, I had a few thoughts this am that I'd like to post, even though I know that it is probably a waste of time. But maybe it won't be. There is always the hope.
There has been some talk about a new monetary system coming into being as a side effect to the war in Ukraine. The Russians and Chinese have wanted this for a long time. So with all the sanctions being put into place, the Russians are now "de-dollarizing" their economy. Even though the Russians and Chinese wanted to change the fact that the dollar is the reserve currency, they still depend upon it. Since these sanctions are being put into place, they will find that they can do without it. That is a side effect of this war that is probably not anticipated, and not expected. It will have ramifications for us all.
The dollar as a reserve currency is an artifact of the second world war. With the world's economies in shambles after the war, and the USA being the only major country being untouched, the same USA inherited a commanding position. America could pretty much run the world's economy because it WAS the world's economy. But the world recovered, and America still retained that lofty status. The problem is that this country has become more and more unworthy, and that has led to some disgruntled trading partners. We will soon lose those privileges that we have taken for granted because those privileges have been abused.
This country picked this fight in Ukraine. Those who are running this country today are fully immersed in corruption. They've abused their position without care or regard for the after effects. They are abusing this country too, and the institutions that made it great are now are mere shadow of what they once were. The turning point was in the late sixties. This is when the GDP in terms of gold was at its highest level. It hasn't been reached since, and is now likely to start declining rapidly unless something changes.
This country picked the fight in Ukraine because it did not keep its agreements. The same ruling clique that is running the country now violated it, and therefore this country has no moral authority to object to what is happening in Ukraine. The Ukranians are bravely resisting the Russians, and they do it on their own, because to follow the USA is to join the folly that this country is in now. The election in this country in 2020 was a sham. It is a sham and the people in charge know it is a sham because of the way they are acting. They don't fear the January 6th protesters because they are dangerous per se, but they are dangerous because they are on the side of truth, and the ruling clique knows it. The ones who picked the fight in Ukraine have done so because they failed to keep agreements, and they have also failed to keep to the agreements that made this country according to its laws.
This failure to keep agreements is what makes the ruling clique unworthy. How can you have a peaceful order when you do not respect your own word? Why should anybody else trust your word when you habitually violate it? Consequently, this country has built a Tower of Babel of sorts with its dollar hegemony. That is going to fall, and rightly so. They have abused too many for too long. It has to fall. Therefore, the inflation is not Russia's fault. It is the fault of the ruling clique who brought this condition into being.
These people will scream "treason" at this. Baloney. The real treason is what they are doing. The people do not owe loyalty to the liars and frauds that these people are. If they weren't liars, they wouldn't treat the January 6th protesters they way they are. Their rights have been violated. We are being lied to continually and aggressively. It is as if they are at war with the people they claim to serve. All you have to do to see this is to open your eyes. You might as well not have a Bill of Rights anymore. The protesters deserve their day in court, with a speedy trial. Instead of that, they are being held incommunicado. This is a war against the rule of law. There is nothing legal about these people are doing, and it doesn't matter if those in robes say it is lawful. Anybody with a decent education can read the Constitution and see that it isn't; and those in robes are as big as frauds as the rest of these frauds.
So much for this rant. Bad things are on the way unless our own house is put into order. Instead, the ones who messed up our house are also raising hell with the rest of the world. I think the world will soon have enough of these people. Either we figure it out first, or they will.
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