15 Mar 2024 11:33 am
Now, if that were only true ....but it isn't.FOS » 15 Mar 2024, 10:57 am » wrote: ↑ There is actually no such thing as 'fiat currency'. Since the beginning of currency, what really backed currency is political power. Political power actually matters and gold kinda doesn't. The usa is able to live off debt because we are the world reserve currency. We are the world reserve currency because we have the most aircraft carriers. That is all that matters.
The world's reserve currency used to be the UK's pound sterling up until 1944 and The Bretton woods conference which was dominated byJewish Bankers which held discussions centered around the proposed bank's dual purposes of reconstruction and development and its capital structure..
Jewish banking is always attracted to power and saw that America because of it's new found nuclear capabilities was ripe for a planned financial takeover that would also provide protection politically and used The Bretton woods conference which turned The American dollar into the world's reserve currency overnight and Jews then established .....The very institutions like....
- International Monetary Fund (IMF)
- International Finance Corporation (IFC)
- Multilateral Investment Guarantee Agency (MIGA)
- The World Bank.
- The World Trade Organization (WTO)
And their Achilles heel ever since has been the adoption of the US dollar as the world's reserve currency backed by nothing but perpetual debt cycles ...